Seibu Group Real Estate Business

Future Business Strategy

July 11,2023 Seibu Realty Solutions Inc. President and Representative Director SAITO Tomohide Seibu Holdings Inc. General Manager, Business Strategy Department III, Corporate Planning Department TAKEKAWA Toshihito

Work Experience

Introduction

Seibu Realty Solutions Inc.

President and Representative Director

SAITO Tomohide

1990 The Sumitomo Trust and Banking Company, Limited

After experience in foreign exchange business, moved to Development Business Department

  • Revision and restoration work for development projects planned in the late 80's.
  • Converted an office building project with excessive borrowings into compartmentalized ownership and sold two floors to a foreign investor to normalize it.
  • Reviewed a suburban complex development land trust project and sold it to the public sector. Acquired the head office building through expropriation replacement.
  • Proposals for effective corporate use: attracted a GMS store on a vacant grounds site, attracted a food factory on a former golf driving range site, etc.

1998 Nippon Life Insurance Company

Engaged in the operation of hotels and large-scale commercial facilities.

  • Sold Nihonbashi Takashimaya (Nippon Life Tokyo Bldg.) to Takashimaya.

2000 ORIX Corporation

Moved to the J-REIT listing team of the Finance Headquarters of ORIX Real Estate

  • Acquisitions
  • Development of logistics facilities after completion of J-REIT preparations

2003 The Sumitomo Trust and Banking Company, Limited

J-REIT listing support

2005 Showajisyo Inc.

Securitization of about 60 billion yen (TK-YK scheme)

2007 Seibu Holdings Inc.

Initially engaged in redevelopment of the Grand Prince Hotel Akasaka, etc.

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Contents

  1. Overview of Real Estate Business
  2. Progress of Initiatives in the Medium-term Management Plan
  3. Seibu Group's Real Estate Business Strategy

(1) Large-scale redevelopment projects

(2) Transition to an asset-light real estate business utilizing capital recycling business

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1. Overview of Real Estate Business

Overview of Real Estate Business

Operating revenue

Leasing space

the Fiscal year ending March 31, 2023

As of March 31, 2023

74.8 billions of yen

447 in thousands of square meters

80

75

70

65

60

55

50

45

40

35

30

billions of yen

74.8

44.9

March 31,2011

March 31,2023

Operating revenue

COMPLEX

FACILITY

  • Tokyo Garden Terrace Kioicho

OFFICE

  • office
    6 locations

RENTAL RESIDENTIAL

PROPERTIES

  • Emilive
    6 locations
  • Others
    4 locations

COMMERCIAL

RETAIL FACILITIES

  • Karuizawa Prince Shopping Plaza
  • SCstation buildings PePe 5 locations
  • BIGBOX 1 locations
  • inside stations
    Grand Emio 2 locations Emio 17 locations

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Disclaimer

Seibu Holdings Inc. published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2023 01:08:08 UTC.