0.0
500.0
1,000.0
1,500.0
(Unit:Billion yen)
110
90
70
50
30

About Our Real Estate Leasing Business

Since FY2010, Tokyu has redeveloped the Shibuya area and developed the areas served by Tokyu's railway lines to improve and expand the real estate leasing business.

This has generated stable income while ensuring the possession of high-quality real estate.

  • performance trends in the real estate leasing business

(Unit:Billion yen)

Operating revenue from our real estate leasing business

Operating profit from our real estate leasing business

25

20

15

10

5

0

FY2010

FY2011

FY2012

FY2013

FY2014

FY2015

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

History of the market price and book value of leased properties

Book value of our leased properties

Term-end market price of our leased properties

1,202.9

1,095.8

1,066.6

905.7

601.1

653.3

659.9

739.4

605.0

509.4

563.0

525.1

577.7

560.3

440.3

409.2

420.1

246.3355.9316.1

391.1

464.2

360.9

373.4

FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021

16

List of major properties along the line

Tokyu Shin-Yokohama Line

(Scheduled to open:

March 2023)

17

Major Lease Properties

As of March 31, 2022

Name

Location

Completion

Primary uses

Total floor area

(㎡)

Shibuya Hikarie *1,*3

Shibuya

2012

Offices, Commerce

144,500

SHIBUYA STREAM *1,*3

Shibuya

2018

Offices, Commerce,

119,500

Hotel

SHIBUYA SCRAMBLE SQUARE

Shibuya

2019

Offices, Commerce

181,800

Phase (East building) *1,*3

Minami-machida Grandberry Park

Minami-

2019

Commerce

150,700

machida

Cerulean Tower *2,*3

Shibuya

2001

Offices, Hotel

104,100

Futako Tamagawa Rise *1,*3

Futako

Phase 12010

Offices, Commerce,

293,100

Tamagawa

Phase 22015

Hotel

Tokyu Capitol Tower *3

Nagatacho

2010

Offices, Hotel

87,400

Queen's Square Yokohama *1,*3

Minatomirai

1997

Offices, Commerce,

496,300

Hotel

Aoyama Oval building *1

Shibuya

1988

Offices

28,600

Tama Plaza Terrace

Tama Plaza

2010

Commerce

180,900

SHIBUYA CAST. *1,*2,*3

Shibuya

2017

Offices, Commerce

34,900

Tokyu Bancho building *1

Ichigaya

2011

Offices

16,700

Setagaya Business Square *1,*2,*3

Yōga

1993

Offices, Commerce

94,300

Aobadai Tokyu Square

Aobadai

2000

Commerce

53,900

*1 Property sectionally owned or co-owned with other company *2 Property belonging to our consolidated SPC

*3 Property's total area, including areas used for other purposes

SHIBUYA SCRAMBLE SQUARE(East building)

Minami-machida

Grandberry Park

Futako Tamagawa

Rise

18

Status of Property Ownership Around Shibuya Station (1)

  • : Owned by Tokyu Corp. or its subsidiary
  • : Owned by Tokyu REIT
  • : Planned project

As of March 31,2022

  • Aoyama Oval bldg.*
  • SHIBUYA CAST*

* Property sectionally owned or co-owned

cocoti

with other company

Tokyo Metro

TOKYU REIT Shibuya Miyashita Park bldg.

Fukutoshin Line

JR Line

Tokyo Metro Ginza Line

Better Home

Tokyu Shibuya 1-chome bldg.

Bunkamura

Tokyo Metro Hanzomon Line

KALEIDO Shibuya Miyamasuzaka

Tokyu Department Store

TK Shibuya Higashiguchi bldg.

HONTEN ,etc.*

SHIBUYA

AioiNissayDowaInsuranceShibuyabldg.

TOKYUREITShibuya

Den-en-toshi Line

Shibuya Takugin bldg. *

Udagawa-choSquare

QFRONT

SHIBUYA SCRAMBLE

Shibuya Nichiei bldg.

SQUARE

Shibuya Kyowa bldg. *

SHIBUYA 109*

Towa Miyamasuzaka bldg.

Meiji Street

Shibuya 2-Chome-17 District *

MAGNET by SHIBUYA109*

Shibuya Hikarie *

Shibuya Sumitomo Shintaku

Route 246

bldg.

Toyoko Line

Shibuya Higashiguchi bldg. *

Shibuya Dogenzaka Sky bldg.

Shibuya 2-chome bldg. *

East Shibuya bldg.

Shibuya Mark City*

Takizawa bldg.

VerdmirS

Dogenzaka TR bldg.

500m

SHIBUYA SCRAMBLE SQUARE

First HIRAZEN bldg.

Phase Ⅰ(East building

TOKYU REIT Shibuya R bldg.

Phase Ⅱ (Central

Building,West Building*

JR Line

100BANCH

Tokyu Nampeidai-cho bldg.

Sakuragaoka Cherry Garden

Tokyu Shibuya 3-chome Studio

Tokyu Sakuragaoka-cho bldg.

Cerulean Tower

bldg.

SHIBUYA BRIDGE

SHIBUYA STREAM *

LOG ROAD DAIKANYAMA

Map : MarketAnalyzer (Giken Shoji International Co., Ltd.), GSI websitehttps://www.gsi.go.jp/kikakuchousei/kikakuchousei40182.html

19

Status of Property Ownership Around Shibuya Station (2)

Owned by Tokyu Corp. or its subsidiary

Owned by Tokyu REIT

As of March 31,2022

Name

Completion

Total floor area

Name

Completion

Total floor area

Bunkamura

Sep. 1989

31,900

TOKYU REIT Shibuya Udagawa-cho Square

Jul. 1998

1,500

Tokyu Department Store HONTEN ,etc.

Nov. 1967

65,900

QFRONT

Oct. 1999

6,600

SHIBUYA 109

Mar. 1979

16,200

Tokyu Nampeidai-cho bldg.

Jul. 1992

7,000

Shibuya Mark City

Feb. 2000

138,600

Tokyu Sakuragaoka-cho bldg.

Jun. 1987

6,500

Cerulean Tower

Mar. 2001

104,100

cocoti

Sep. 2004

11,800

SHIBUYA STREAM

Sep. 2018

119,500

TOKYU REIT Shibuya R bldg.

Mar. 1990

7,200

SHIBUYA SCRAMBLE SQUARE Phase (East bldg.)

Nov. 2019

181,800

MAGNET by SHIBUYA109

Oct. 1987

11,200

Shibuya Dogenzaka Sky bldg.

Mar. 1988

5,600

Shibuya Sumitomo Shintaku bldg.

Jun. 1962

3,200

TOKYU REIT Shibuya Miyashita Park bldg.

Apr. 2008

2,500

SHIBUYA CAST

Apr. 2017

34,900

KALEIDO Shibuya Miyamasuzaka

Jan. 1992

4,400

TK Shibuya Higashiguchi bldg.

Feb. 1966

1,400

Planned project

Shibuya Takugin bldg.

Jan. 1983

4,800

Shibuya Nichiei bldg.

Apr. 1985

2,000

Name

Completion

Total floor area

Shibuya Kyowa bldg.

Sep. 1980

8,500

SHIBUYA SCRAMBLE SQUARE Phase

2027(planned)

276,000

Towa Miyamasuzaka bldg.

Feb. 1988

1,100

(Central bldg. West bldg.)

Shibuya Hikarie

Apr. 2012

144,500

Shibuya 2-Chome-17 District

2024(planned)

44,500

Shibuya Higashiguchi bldg.

Jan. 1980

17,000

Shibuya 2-chome bldg.

Feb. 1971

1,700

East Shibuya bldg.

Mar. 1985

1,600

Takizawa bldg.

Jan. 1982

1,100

100BANCH

Sep. 1976

1,100

Sakuragaoka Cherry Garden

Aug. 1981

3,300

SHIBUYA BRIDGE

Sep. 2018

5,600

LOG ROAD DAIKANYAMA

Apr. 2015

1,500

Tokyu Shibuya 3-chome Studio bldg.

Mar. 2020

1,900

Aoyama Oval bldg.

Oct. 1988

28,600

VerdmirS

Jan. 2005

1,100

Better Home

Dec. 1977

1,600

First HIRAZEN bldg.

Jul. 1972

1,300

Aioi Nissay Dowa Insurance Shibuya bldg.

Jan. 1979

4,000

SHIBUYA SCRAMBLE SQUARE

SHIBUYA STREAM

Tokyu Shibuya 1-chome bldg.

Nov. 1983

2,100

Dogenzaka TR bldg.

Mar. 2006

1,000

20

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Tokyu Corporation published this content on 18 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2022 08:43:04 UTC.