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Mitsui Fudosan

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Mitsui Fudosan Co. Ltd.
三井不動産株式会社
Company typePublic KK
TYO: 8801
IndustryReal Estate
FoundedJuly 15, 1941; 83 years ago (1941-07-15)
Headquarters
2-1-1 Nihonbashi-Muromachi, Chūō, Tokyo
,
Japan
Key people
Hiromichi Iwasa (President and CEO)
Revenue¥1,385 billion (March 31, 2010)
¥60 billion (March 31, 2010)
Number of employees
1,216 (Consolidated 15,922) (March 31, 2010)
Websitewww.mitsuifudosan.co.jp/english

Mitsui Fudosan Co., Ltd. (三井不動産株式会社, Mitsui Fudōsan Kabushiki-gaisha) is a major real estate developer in Japan. Mitsui Fudosan is one of the core companies of Mitsui Group.

Corporate structure

The company is organized into four divisions.[1]

  • Office Building Division
  • Real Estate Solution Services Division
  • Accommodation Business Division
  • Retail Properties Division

Major projects

  • In Tokyo, Mitsui undertook a major redevelopment project in the Nihonbashi district, where group founder Takatoshi Mitsui had his kimono shop during the 17th century.[2] Mitsui also developed the "Gran Tokyo North Tower" office building at Tokyo Station.[3]
  • In New York City, Mitsui's first major project was the 2.3 million square foot Exxon Building (1251 Avenue of the Americas), which it acquired in the 1980s. It subsequently engaged in several other projects in the city together with local partners.[4] It has announced plans to invest up to $1.25 billion in a 51-story office tower as part of the Hudson Yards Redevelopment Project, which would be the largest overseas project by a Japanese real estate company in history.[2]
  • In Honolulu, Hawaii, Mitsui owns and operates the iconic Halekulani hotel on Waikiki Beach.[5]

Global network

Outside Japan, the company owns six branch offices.[6]

  • Mitsui Fudosan America, Inc.
  • Halekulani Corporation
  • Mitsui Fudosan (U.K.) Ltd.
  • Mitsui Fudosan (Asia) Pte. Ltd.
  • Mitsui Fudosan (Shanghai) Consulting Co., Ltd.
  • Mitsui Fudosan Consulting (Beijing) Co., Ltd.

See also

References

  1. ^ Mitsui Fudosan | Corporate Information | Organizational Chart
  2. ^ a b Iwamoto, Keigo (22 January 2015). "Mitsui Fudosan to build high-rise in New York". Nikkei. Retrieved 22 January 2015.
  3. ^ "グラントウキョウノースタワー". Mitsui Fudosan. Retrieved 22 January 2015.
  4. ^ Ramey, Corinne (7 June 2015). "Japan's Mitsui Joins Hell's Kitchen Project". The Wall Street Journal. Retrieved 8 June 2015.
  5. ^ "ハレクラニ". Mitsui Fudosan. Retrieved 22 January 2015.
  6. ^ "Corporate Data." Mitsui Fudosan. Retrieved on January 19, 2011.