Participation in joint investment in a large complex in Sydney CBD

Odakyu Electric Rail Line Co., Ltd., through its local auxiliary Odakyu Australia Pty. Ltd., has concurred with Mitsubishi Estate Group company MEC Global Partner Asia and Ashe Morgan Investments, an Australian real estate management company in Sydney, CBD. 

The property procured, 60 Margaret Road, is a huge office/business complex situated on George Road. It is home to large companies and brand shops and values direct underground access to Wynyard Station. 

As well as creating stable rental pay, Odakyu Group intends to improve the property’s estimation through this speculation by restoring the outside walls of the business part of the structure, adding new tenure floor regions, and revamping the workplace hall. 

Odakyu Group is focused on making esteem along the Odakyu Rail line Lines and in the encompassing Tokyo rural regions while zeroing in on ESG. In the land business, in addition to the drives around the Odakyu Rail route lines, Odakyu Group means to extend its business in Australia, where stable financial development is normal. Odakyu Group has been doing private land improvement projects in the suburbia of Sydney starting around 2018. 

Odakyu Group will additionally foster its land activities in Australia while applying the functional procedure “Enhance Community-Based Value” developed in Japan to our abroad business.