Our Development Capabilities
Because no piece of real estate is the same, we deliver proposals that are optimal for each site to improve property value and solve problems the site faces. Nomura Real Estate Development meets expectations with diverse brands that span a variety of assets—including condominiums, hotels, offices, retail facilities, and logistic facilities—and a wide range of ideas resulting from collaborations between group companies and our proven track record.
Urban Redevelopment Business
Our Urban Redevelopment Business carries out projects that convert sites into safe and secure communities by resolving issues the local communities have faced for many years. Examples include building public facilities like train station plazas and roads, and fireproofing areas with a dense concentration of wooden structures. To carry out urban development projects that contribute not only to the redevelopment of the area but the growth of the surrounding community, our employees work closely with the local community to provide a range of support such as discussing with government agencies and forming consensus between right holders.
Condominium Rebuilding Business
The increase in condominiums that have deteriorated with age has become a societal problem. Rebuilding them requires the proposal-generating capabilities and drive to develop reuse methods that address a wide range of problems and meet the needs of the unit owners. Leveraging insight gained from having among the most extensive rebuilding experience in the industry, Nomura Real Estate Development employs a variety of methods to propose reconstruction plans that are economically and architecturally viable, resulting in peace of mind and satisfaction for our customers.
Equivalent Exchange Business
We build condominiums with money from our own pocket on land given to us by landowners. Then we return the unit ownership equivalent to the valued amount of the land to the landowner. Nomura Real Estate Development considers the optimal way to use the land with the landowner and provides support to the landowner leveraging our management expertise after construction is complete.
Fixed-term Land Leasehold Right Business
A fixed-term land lease means to rent land for a fixed period of time and return the land once the term is up. This allows you to use the land at low risk. Nomura Real Estate Development builds and sells condominiums and other properties with fixed-term land leasehold rights, in which it covers construction and business expenses. The owner of the unit or property then pays the landowner rent for the land. Delivering proposals that meet the diverse needs of landowners in this way result in the profitable use of land.
