BUSINESS CONTENTS
Real Estate Appraisal, Valuation, Research
Real Estate Appraisal, Valuation & Advisory Services Overview Real estate appraisal is the professional process of assessing the value of real estate assets and their potential rental income.
Our appraisal reports are used for a wide range of purposes, including official documentation, project planning and advisory services, and determining fair market value in urban redevelopment projects. Real estate appraisal and advisory services require both advanced technical expertise and sound professional judgment.
- Property Valuation Services
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- We provide valuation services for a wide range of purposes, including:
- Investment and transactions (purchase, sale, and exchange) Financing and collateral purposes Real estate securitization (including SPC structures) Tax, inheritance, and gift-related matters Dispute resolution and litigation Corporate restructuring (mergers, spin-offs, liquidation, and in-kind contributions) Distressed assets and non-performing loans
- Asset Coverage
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- Our valuation services cover a broad range of asset types, including:
- Real estate assets (including redevelopment projects) Hotels, resorts, leisure facilities and golf courses Industrial assets (such as factory and railway foundations) Corporate assets and unlisted shares
- Specialized Valuation
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- We also provide specialized valuation services, including:
- Development rights (e.g. transfer of floor area ratio) Urban redevelopment projects
- Pre- and post-redevelopment asset valuation
- Rental Valuation Services
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- We provide valuation services related to rental income, including:
- Determination of appropriate rent levels (new and existing leases) Key money, deposits, and other lease-related fees Rent revisions and lease condition adjustments
- Public and Regulatory Valuation
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- We also undertake valuation services for public and regulatory purposes, including:
- Valuation for public projects and land acquisition Government-related valuation (taxation and official land price assessments)
- Transaction Support & Analysis
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- Our services also include:
- Valuation for acquisition and disposition Preparation of valuation reports Cash flow analysis and investment evaluation
Consulting Services – Urban Development & Co-Development Projects
Urban development and co-development projects require a high level of expertise among real estate consulting services.
Only a limited number of firms have the necessary experience and know-how in this field.
As an independent firm that is not affiliated with major developers, we have been involved in numerous projects, including urban redevelopment, co-development, and reconstruction projects such as Pacific Century Place Marunouchi, and the Mizuho Marunouchi Tower / Japanese Bankers Association / Marunouchi Terrace complex.
Based on our extensive experience and specialized knowledge, we are committed to providing high-quality consulting services that effectively support our clients.
- Investigation, Planning and Valuation for Urban Redevelopment Projects
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- Investigation and planning for urban redevelopment projects
- Preparation of basic plans and project implementation plans
- Financial planning (including reserved floor disposition, financing arrangements, and project cash flow analysis)
- Valuation of pre- and post-redevelopment assets, land rent, and standard rents
- Preparation of rights conversion plans and management disposition plans
- Preparation of management and operation plans (including management bylaws, management organizations, and estimation of management fees)
- Consulting Services for Co-Building Projects
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- Project planning and business planning
- Basic design management
- Financial planning (including surplus floor disposition, financing arrangements, and project cash flow analysis)
- Valuation of pre- and post-development assets, land rent, and standard rents
- Preparation of rights conversion plans and coordination of rights adjustments
- Preparation of management and operation plans (including management bylaws, management organizations, and estimation of management fees)
- Preparation of various agreements and contracts Negotiation and coordination with project partners for co-building projects
- Project Management for Reconstruction Projects
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- Project planning and business planning
- Management of basic design and detailed design processes
- Financial planning and negotiation with financial institutions for financing arrangements
- Valuation of pre- and post-development assets and feasibility analysis for investment profitability
- Valuation of standard rents
- Proposal and arrangement of tenant leasing strategies Arrangement of construction contracting and construction supervision services
- Preparation of management and operation plans (including management bylaws, management organizations, and estimation of management fees)
- Preparation of various agreements and contracts
- Asset management after project completion
- Property management after project completion
- Regional Planning
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- Site evaluation
- Preparation of basic development concepts
- Demand analysis, market research, and studies on regional development methods
- Preparation of basic plans and schematic design
- Business planning and financial planning
Engineering Advisory Services
We provide engineering advisory services for both new real estate investments and existing properties from an engineering perspective. When required, our findings can also be delivered in the form of an Engineering Report (ER).
Furthermore, leveraging our expertise in valuation and real estate analysis, we provide renovation planning services aimed at enhancing asset value, as well as construction management (CM) services.
- Engineering Advisory Services for Real Estate Investment and Engineering Reports
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- Building condition investigations, including management conditions, physical deterioration, and compliance with building-related laws and regulations Preparation of Engineering Reports (ER) Provision of advisory services based on investigation findings
- Engineering Advisory Services for Existing Properties
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- Advisory services for reducing ownership risks based on an understanding of the current status of legal compliance, physical deterioration, and other property conditions.
- Advisory services regarding appropriate management, maintenance, and repair planning based on an understanding of the current status of legal compliance, physical deterioration, and other property conditions.
Advisory Services for Real Estate Investment
In recent years, real estate investment has become increasingly integrated with financial markets and financial products. The use of trust structures, non-recourse financing, and other investment vehicles has made real estate investment more sophisticated and complex.
Drawing upon our expertise in both real estate (including physical asset analysis) and finance, we provide comprehensive advisory services to investors throughout the investment process.
Our services include support in identifying and screening investment opportunities, proposing and arranging the most appropriate acquisition structures, and developing and implementing exit strategies.
By providing consistent support from acquisition through disposition, we help investors maximize the value of their real estate investments.
- Investment Opportunity Identifying and Screening
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- Support for identifying investment opportunities that meet the client’s investment objectives Real estate valuation, cash flow projections, and investment feasibility analysis for investment screening
- Proposal and Arrangement of Investment Structures
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- Proposal of the most appropriate investment structure based on the characteristics of the investment opportunity and the investor’s objectives Arrangement and support to ensure the successful implementation of the investment structure
- Support During the Holding Period
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- Support for asset management and property management during the holding period
- Development of Exit Strategies
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- Consulting services for the development of optimal exit strategies Consulting services for value enhancement strategies as part of an exit strategy
- Support for Exit Execution
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- Support for the timely disposition of assets
Development Planning and Architectural Design Services
We provide architectural planning and design services related to real estate development projects and the effective utilization of land.
Other Consulting Services
And more, we provide various kind of consultation concerned with real estates.
- Consulting services for the effective utilization of real estate
- Consulting services for business succession and inheritance planning
- Consulting services for business restructuring and revitalization
- Corporate Real Estate (CRE) and Public Real Estate (PRE) strategy management
- Major Clients (Appraisal, Valuation and Consulting Services)
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- Public Sector and Public Organizations
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- •Ministry of Land, Infrastructure, Transport and Tourism (MLIT)
- •Ministry of Economy, Trade and Industry (METI)
- •Ministry of Finance (MOF)
- •Reconstruction Agency
- •Tokyo Metropolitan Government
- •Tokyo Regional Taxation Bureau and local tax offices
- •Incorporated associations and foundations
- •Educational institutions
- •Medical corporations
- Private Sector Clients
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- •Financial institutions (domestic and international)
- •Real estate companies
- •Real estate investment companies
- •Construction companies
- •Architectural and engineering firms
- •Manufacturing companies
- •Distribution companies
- •Railway companies
- •Consulting firms
- •Law firms
- •Audit firms
- •Certified Public Accountant (CPA) firms
- •Tax accountant firms
- •Judicial scrivener offices
(including clients under ongoing advisory and consulting agreements)
- Selected Consulting Projects
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- Pacific Century Place Marunouchi
- Umeda Hankyu Building (Hankyu Umeda Main Store) and Hankyu Grand Building
- Iidabashi 2-Chome Project (City Tower Kudanshita)
- M Building Project (M Road Shibuya)
- Fukagawa Gatharia Tower N Project
- Daikanyama T-SITE
- Shonan T-SITE
- Hirakata T-SITE
- The Mizuho Marunouchi Tower / Japanese Bankers Association / Marunouchi Terrace complex.