tokyu land corporation

Financial Highlights FY2021 First Quarter (First Three Months) Ended June-30, 2021

 

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Contents

Overview of the FY2021 First Quarter (First Three Months) Ended June 30, 2021

Urban Development

Strategic Investment

Property Management & Operation

Real Estate Agents

Initiatives for Achieving RE100 Targets

Initiatives Related to Climate Change

Sustainable Management <External Evaluation>

Corporate Governance

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③ Logistics facilities business

This is an overview of the logistics facilities business.

The project is being developed as part of the expansion of asset types in the cyclical reinvestment business and is being marketed under the LOGI'Q brand name.

As of the end of June 2021, we are working on 12 projects, 5 already in operation and 7 under development, with a total investment balance of JPY58.3 billion and a total gross floor area of 922 thousand ㎡ after all properties are completed.

The lower right corner introduces demonstration experiments aimed at promoting smart logistics utilizing local 5G.
As the needs for logistics facilities are expected to increase in the future as the EC market grows, we will proceed with development that takes advantage of the features of the Group.