Hankyu Hanshin Holdings Group Enters Overseas Commercial Property Management Business with Stake in Landmark Jakarta Buildings
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Thursday, July 4, 2019
Rail, Transport, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Companies, Economy of Japan, Osaka Prefecture, Hankyu Hanshin Holdings, Hankyu, Hanshin Electric Railway, Umeda, Hankyu Hanshin Toho Group, H2O Retailing, Hankyu Hanshin Holdings, Inc., Hankyu Hanshin Properties Corp.
Hankyu Hanshin Properties Corp. (Hankyu Hanshin Properties), an 100% subsidiary of Hankyu Hanshin Holdings, Inc. (Hankyu Hanshin Holdings), is entering the overseas commercial real estate leasing business with the partial acquisition of two properties in Indonesia.
Key Points:
- Hankyu Hanshin Properties Corp. (Hankyu Hanshin Properties), an 100% subsidiary of Hankyu Hanshin Holdings, Inc. (Hankyu Hanshin Holdings), is entering the overseas commercial real estate leasing business with the partial acquisition of two properties in Indonesia.
- The properties, Plaza Indonesia Complex and fX Sudirman, are both landmark multipurpose buildings in Jakarta, and Hankyu Hanshin Properties became the beneficial partial owner on June 24 through the acquisition of shares in the local entity that holds the assets.
- Hankyu Hanshin Holdings, Inc. was formed in October 2006 from the merger of Hankyu Holdings with Hanshin Electric Railway.
- About Hankyu Hanshin Properties Corp.
Hankyu Hanshin Properties Corp. has extensive property development and leasing business, centered on locations adjacent to railway networks in Osaka, primarily in Umeda and along the associated Hankyu and Hanshin lines.