tokyu land corporation

Financial Highlights FY2023 Third Quarter (First Nine Months) Ended December 31, 2023

 

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Contents

Progress of Medium-Term Management Plan and Initiatives to Enhance Corporate Value

Summary of the FY2023 Third Quarter (First Nine Months) Ended December 31, 2023

Segment Overview

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Co-Creation with Partners initiatives

Sustainability Initiatives

DX Initiatives

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⑤ Logistics facilities business

This is the status of the logistics business.

As of December 31, 2023, we were working on 21 projects, 5 already in operation and 16 under development, with a total investment balance of 75.2 billion yen and a total investment amount of 188.9 billion yen.

The bottom row on the right side shows LOGI'Q Minami Ibaraki, our flagship project completed in January 2024.
The building is equipped with a section that can be converted into a frozen and refrigerated warehouse in the future and a low-floor section in response to tenant needs, as well as high-quality common areas and a "Worker's Garden" that includes a variety of content to enhance "working, learning, and having fun," including preferential information on facilities related to our group. We will contribute to securing tenants' employment and reducing their initial investment from a software perspective.