International Business Initiatives
Build-to-Rent(BTR) Development Business in Melbourne, Australia
899 Collins Street

This is our first BTR development project in Melbourne, Australia, which is experiencing stable economic growth and a notable increase in population. Found in the Docklands area, about 1 kilometer west of Melbourne's central business district (CBD), it offers easy access with a city tram stop just one minute's walk away. It is located in an area of high demand among workers who want to live close to their workplaces, with a high concentration of residences, universities, large commercial facilities, and other convenient facilities. Our partner, Lendlease Corporation Limited, is a major Australian developer established in 1958 that has been involved in numerous real estate development projects, primarily in Australia.
Close to Melbourne CBD 499 total units/24 above-ground floors Scheduled for completion in November 2026
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Build-to-Sell(BTS) Development Project in Sydney, Australia
175 Liverpool Street

This is our first BTS project in Sydney, Australia, which is experiencing stable economic growth and a notable increase in population. With views of Hyde Park, Australia's oldest park, as well as the Opera House, this property is just a one-minute walk from the nearest railway station, Museum Station, offering outstanding access on multiple rail lines. Located near the boutique-lined Oxford Street and Surry Hills, the city's cultural center, this exceptional setting allows residents to enjoy urban life, nature, and culture all in one place.
We plan to carry out this project in partnership with Lendlease Corporation Limited and Mitsubishi Estate Co., Ltd. Construction of the main structure is set to start in 2029, following the clearance of existing tenants and demolition work, with completion expected in 2031.
175 Liverpool Street
Up to 300 total units (planned); scheduled for completion in 2031
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Value-add Projects at Rental Apartment Complexes in the United States
Luna at Fountain Hills
Metro Phoenix is a growing area that is attracting major semiconductor-related companies and other industries. This apartment complex, while located in a tranquil residential area on a hill overlooking the mountains, offers easy access to the flourishing office district in the city center. Amenities include a gym and outdoor pool, and the precinct includes a nature reserve.
Metro Phoenix, Arizona, U.S.A. 150 apartments Built in 1998 (acquired in 2022)
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The Dakota at Druid Hills

Found in metro Atlanta, home to many Fortune 500 companies, this apartment complex is located in an area that offers both easy access to the city center and a pleasant living environment. To cater to the needs of young professionals and families, we are proceeding with plans to increase the number of bedrooms and upgrade the amenities in the complex's common areas.
Metro Atlanta, Georgia, U.S.A. 228 apartments Built in 1985 (acquired in 2022)
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Echo Ridge at Suwanee

This apartment complex is located along Interstate 85 in northeast Atlanta, where numerous industries, including the manufacturing industry, have been gathering and population growth is expected to continue. It has great access to areas full of employment opportunities and the school district offers a high level of education, making it a popular area for a wide range of households, especially families. We are currently in the process of upgrading the apartments and common amenities to suit the lifestyles of our residents.
Metro Atlanta, Georgia, U.S.A. 258 total apartments Built in 2013 (acquired in 2024)
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For-Sale Condominium Development Project in the United States
Vista Pointe Project

We have joined a condominium development project located on a prime riverside site in West New York, New Jersey, featuring views of Manhattan. In addition to convenient transportation access and a high-quality living environment, the property will offer a variety of unit layouts and shared facilities suitable for families and couples seeking a luxury-oriented lifestyle.
West New York, New Jersey · 73 units in total · Scheduled for completion in 2027
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Logistics Facility Development Project in the United States
Plainfield Project

We have joined a logistics facility development project in Plainfield, Illinois, located in an area of growing logistics demand in the southwestern Chicago metropolitan area. With excellent access to Interstate Highways I-55 and I-80, the facility is planned as a storage and distribution base for companies engaged in e-commerce and the sale of consumer goods.
Plainfield, Illinois · Scheduled for completion in 2026
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Buford Project

We have joined a logistics facility development project in Buford, Georgia, comprising three buildings located within a major logistics hub of the Atlanta metropolitan area. Leveraging the site's proximity to Interstate Highways I-85 and I-985, which enables both urban distribution and regional transportation, we will develop facilities that address a wide range of logistics needs.
Buford, Georgia · Scheduled for completion in 2026
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Condominium project in Bangkok, Thailand
Chewathai Hallmark Ekkamai - Ramintra

We are participating in a condominium development project in Bangkok, Thailand, which continues to see stable economic growth, primarily in the manufacturing and tourism industries. Housing demand is expected to increase due to population growth and the expanding middle-class. The surrounding area is home to a wide range of companies both large and small, as well as international schools, hospitals, large shopping malls, and other convenient facilities, making it a self-contained area that has a high demand for workers wishing to live close to their workplaces. Chewathai, our partner, is a listed developer established in 2008 that has been involved in numerous housing developments, including condominiums and detached houses aimed at actual demand, focusing primarily in central Bangkok and its suburbs.
