Contribution to urban revitalization that includes environmental consideration

JPR invests in redevelopment projects of its sponsor Tokyo Tatemono Co., Ltd. (hereinafter “Tokyo Tatemono”) to support urban revitalization that includes environmental consideration.

Nakano Central Park East (*1)

Redeveloping a large unused property near the railway station into a lively and verdant facility

Nakano Central Park East is a large building complex that stands in a vast redevelopment area with an area of around 16.8 hectares. This property has convenient access to public transportation. It is a five-minute walk from Nakano Station, which is on the JR Chuo and Sobu Lines and Tokyo Metro Tozai Line and it offers easy access to central Tokyo. It is located next to Nakano Shikinomori Park, and its public space is integrated with the park. The property and its surrounding area are a verdant space in a business district that is like no other in Japan.
Since there was an army-related facility in this area in the Meiji period and the land was then used by the National Police Academy after World War II, although it was close to Nakano Station, the place had been inaccessible to locals. Tokyo Tatemono redeveloped the area integrated with Nakano Shikinomori Park.
Nakano Central Park actively implements area management activities. It holds Beer Park and other events regularly. These events attract not only office workers but also lots of students studying at neighboring universities and local inhabitants, energizing the district.
Moreover, in 2026, a new Nakano Station building will be completed. A new exit will be created, and a pedestrian deck will be built on the north side of the station. This will significantly enhance access to Nakano Central Park.

• JPR holds a 100% ownership interest in Nakano Central Park East.

For details, please see: Tokyo Tatemono’s project information webpage (Nakano Central Park)
*Available in Japanese only

Tokyo Square Garden (*2)

Reorganizing small blocks into a large one to erect a large environmentally friendly building complexes.

Tokyo Square Garden is a large-scale building complexes completed in 2013 at Kyobashi, a transportation hub adjacent to Tokyo Station and to the Nihonbashi and Ginza areas. The Kyobashi district features many smaller districts and buildings, and there had been slow progress in its functions. By reorganizing one of its blocks to create a large urban area, one of the largest building complexes in the surrounding area was successfully developed.
To promote environmental measures throughout the community, the Kyobashi Environmental Station was established on the sixth floor of the building. Through the operation of facilities including the Area Energy Management Center that fields consultations from local building owners about measures to reduce CO2 emissions and conserve energy and then has experts develop optimal proposals, and the Chuo City Environmental Information Center that provides opportunities to learn about various environmental issues in an accessible format and facilities to engage in environmental activities, we are working together with the local community on eco-friendly urban development.
In addition, Kyobashi no Oka, an approximately 3,000 m² green space which is multi-layered from the first basement floor to the fifth floor of the building, is planted with beautiful seasonal colors and is a valuable place for relaxation and enjoyment for visitors. It is a place for hosting events for interacting with tenants and the neighboring community. Among them, participation in Sanno Matsuri, one of the three major festivals of Edo held every two years at Hie Shrine, helps foster a sense of unity between tenants and local residents.

• JPR holds a 8.22% ownership interest in Tokyo Square Garden.

For details, please see: Tokyo Tatemono’s project information webpage (Tokyo Square Garden)
*Available in Japanese only

Responding to the Risk of Soil Contamination

When acquiring properties, TRIM checks for the presence of environmental risks such as soil contamination through site visits and, geographical surveys. As a general rule, we only invest in properties that have been properly treated and managed in accordance with environmental laws and regulations with regard to soil contamination and related issues. Also note that Tokyo Tatemono, the parent company of TRIM and the main supplier of properties to JPR, has an extensive track record in large-scale real estate development. Accordingly, it conducts soil contamination surveys before acquiring the land for development properties, and appropriately handles soil contamination risks, including countermeasures and treatment as required.

Example of Countermeasures: Olinas Tower

This property is a landmark building in the Kinshicho area, and as its sponsor, Tokyo Tatemono implemented the integrated development of offices, retail facilities and residences on the site where a the Seikosha factory previously stood. As a result of a soil survey conducted by a third-party organization in the initial stages of development, contaminants exceeding standard values were detected, but Tokyo Tatemono responded by excavating and removing most of the affected materials and covering the soil. When the property was acquired by JPR, another survey was commissioned from a third-party organization, ultimately verifying that there were almost no concerns about the existence of problems related to soil or underground contamination.
As described above, the properties acquired by JPR are obtained after appropriately responding to soil contamination risks.

Commitments related to greenfield developments

JPR and TRIM believe that it is important to provide offices in which people can work comfortably through investments in real estate and that it is important to contribute to the creation of highly sustainable cities.
JPR and TRIM assess the risks that the urban development of undeveloped land could negatively impact environmental conditions or ecosystems, and refrain from investing in properties that could negatively impact the environment and ecosystems.