Message from the President
Since its founding in 1957, Nomura Real Estate Development has continued to take on diverse business challenges starting from land development, advancing its position as a comprehensive real estate developer. For over 65 years, we have strived to create new value with a flexible mindset, responding to the needs of society and the expectations of our customers.
In our residential business, we offer residences that accommodate diverse lifestyles, centered on the PROUD condominium brand, as well as detached housing, shared rental housing, and rental senior housing. In our hotel business, we are expanding into new growth areas by leveraging the creative capabilities of UDS Ltd., a Group company.
In our urban development business, we are advancing a distinctive portfolio strategy that combines large-scale offices such as BLUE FRONT SHIBAURA, medium- and small-sized offices (PMO and H¹O), and shared offices (H¹T). We are also strengthening development and operations across a wide range of fields, including the GEMS commercial facility and the Landport logistics facility. In urban redevelopment and mixed-use projects, large-scale initiatives such as the Nihonbashi 1-Chome Central District and the Nishi-Azabu 3-Chome Northeast District are underway, and we are also engaged in supporting local communities through area management.
Furthermore, we are leveraging the track record we have built domestically to expand our business across eight countries, primarily in Southeast Asia. In Southeast Asia, we are developing residential properties for sale, while in the United States and the United Kingdom, we are advancing income-generating real estate development. In particular, in London, where housing shortages have become a pressing social issue, we have also entered the BTR (Build to Rent) business. Together with our global partners, we are delivering value tailored to the needs of each region.
We are also working to capture diversifying development opportunities and create new business areas. In the Tokyo Metropolitan Government’s eVTOL Implementation Project, we were selected as the representative consortium and are promoting the implementation of next-generation mobility. Additionally, we were the only developer selected for the Affordable Housing Supply Promotion Fund management project, and together with the Tokyo Metropolitan Government, we are advancing initiatives to address a wide range of housing needs.
Meanwhile, the social and economic environment is changing rapidly due to geopolitical risks, rising construction and labor costs, and diversifying values. In this environment, we have set forth our 2030 Vision, “Be a ‘Life & Time Developer,’ as never seen before—Becoming a Group That Maximizes Happiness and Abundance,” and are evolving our approach to value creation itself. Specifically, we will promote three customer-centric transformations: pursuing customer perspectives on assets and services, customer-centric Group collaboration, and engage with customers in sustainable co-creation and joint innovation.
In August 2025, we relocated our head office to BLUE FRONT SHIBAURA. Our new head office is a base that embodies sustainable growth and new ways of working, and serves as a vital stage for further enhancing the happiness and abundance of our customers and society. While fostering employee well-being and a culture of taking on challenges, we will continue to pursue value creation.
We sincerely ask for your continued support of Nomura Real Estate Development and the Nomura Real Estate Group.
Daisaku Matsuo