Mitsubishi Estate Is Our Preferred Investment Among Japanese Property Developers

Mitsubishi Estate owns most of the land in the prime office area in front of Tokyo Station (Otemachi, Marunouchi, and Yurakucho), much of which acquired from the government in 1890 with few sale transactions since. Leasing office space in these districts continues to generate most of the firm's profit today, though Mitsubishi Estate has expanded into retail and residential leasing, condo development, hotels, and related businesses. More than 20% of profit comes from overseas, a proportion it aims to bring up to 30% by 2030.