Haseko Real Estate Development Holdings Launches New Development Arm to Unify Income Property Business

On July 1, 2025, Haseko Real Estate Development Holdings launched operations of its new subsidiary, Haseko Sogo Kaihatsu, established to consolidate its income-producing property development businesses. The new company was legally formed on February 14 and has inherited the development divisions of both Haseko Real Estate and Sohgoh Real Estate through a corporate spin-off. The reorganization aims to create a cross-sectoral development platform covering residential rental concepts as well as logistics and hospitality assets.　　

Mr. Akira Miyahara has been appointed as President and CEO. A seasoned developer who played a key role in delivering the “Rene” condominium brand at Sohgoh Real Estate, Mr. Miyahara previously served as Head of Solutions Business in 2013, Executive Officer in 2017, and Director and Executive Vice President in 2023. He has overseen the development of a wide range of income-generating assets, including rental housing, logistics facilities, and hotels.

The Haseko Group has also built a strong track record in sustainable and community-integrated development. Notably, “WORVE Yokohama Isezakicho,” a rental complex that blends residential and work functions, received the highest ★5 rating under the DBJ Green Building certification. The project achieved a CO₂ emissions reduction of approximately 500 tons by utilizing 8,000m³ of H-BA concrete. Another flagship project, “Brancheera Sapporo Hassamu”—a 14-story, 91-unit condominium co-developed with JR Hokkaido—has attracted attention in the Sapporo market for incorporating ZEH-M Oriented energy-efficient design and digital property management services.

Under its medium-term management plan “HASEKO Evolution Plan,” launched in April 2025, the Group aims to both expand and enhance the quality of its real estate business. The integration of development arms is intended to centralize project intelligence and technical know-how, thereby strengthening the overall execution structure of its property development initiatives.