History
1949 - 1989
- 1949
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Izumi Real Estate Co., Ltd. established to succeed real estate business of the Sumitomo Honsha Ltd. following the breakup of the conglomerate.
- 1957
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Izumi Real Estate Co., Ltd. changed its name to Sumitomo Realty & Development Co., Ltd.
- 1962
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Entered the luxury rental apartment business with Mejirodai Apartment in Bunkyo Ward, Tokyo.
Started sales of Chofu Residential lots in Chofu, Tokyo.
- 1963
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Merged with the holding company of the former Sumitomo zaibatsu during its liquidation.
Established Sumitomo Investment (H.K.) Ltd. in Hong Kong.
- 1964
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Completed construction of Kazan Building in Chiyoda Ward, Tokyo.
Opened Osaka Branch.Entered condominium sales business with Hama-Ashiya Mansion in Kobe, Hyogo.
- 1967
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Started sales of Ichigaya House in Shinjuku Ward, Tokyo.
- 1969
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Established Sumitomo Thaniya Real Estate Co., (Thailand) Ltd. in Bangkok, Thailand.
Started sales of Izu Ippekiko vacation home lots in Ito, Shizuoka.
- 1970
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Listed on the Second Section of Tokyo Stock Exchange and Osaka Securities Exchange.
- 1971
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Upgraded to the First Section of the Tokyo Stock Exchange and Osaka Securities Exchange.
- 1972
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Established Sumitomo Realty & Development CA., Inc., a consolidated subsidiary, in Los Angeles (CA), U.S.A.
Started sales of Chiba Garden Town in Chiba, Chiba - a joint project.
Acquired management rights of Ekahanui, Inc. (Hawaii), entering golf course management business.
- 1973
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Established Sumitomo Fudosan Tatemono Service Co., Ltd., a consolidated subsidiary.
- 1974
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Completed construction of Shinjuku Sumitomo Building in Shinjuku Ward, Tokyo. *At the time of its completion, it boasted the title of Japan's tallest skyscraper, exceeding a height of 200 meters.
Moved Company headquarters to Shinjuku Sumitomo Building from Tokyo Sumitomo Building in Chiyoda Ward, Tokyo.Shinjuku Sumitomo Building
- 1975
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Established Sumitomo Real Estate Sales Co., Ltd., a consolidated subsidiary.
Completed construction of National Building in Minato Ward, Tokyo.
- 1976
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Completed construction of Ichihara Shogyo Building in Ichihara, Chiba.
Completed construction of Kyoto Sumitomo Building in Kyoto, Kyoto.
Completed construction of Yono House in Saitama, Saitama, the first condominium that adopted integrated design in Japan.
- 1977
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Completed construction of Sumitomo Nakanoshima Building in Osaka, Osaka.
Completed construction of Shukugawa Green Town in Nishinomiya, Hyogo - an urban area redevelopment project.
- 1978
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Established Biwako Resort Club Co., Ltd. (currently Sumitomo Fudosan Villa Fontaine Co., Ltd.), a consolidated subsidiary.
Started sales of Sobudai Green Park, a large-scale condominium, in Sagamihara, Kanagawa.
Completed construction of Sumitomo Mita Building in Minato Ward, Tokyo.
- 1980
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Established Sumitomo Fudosan Syscon Co., Ltd., a consolidated subsidiary.
Completed construction of Sumitomo Fudosan Hibiya Building in Minato Ward, Tokyo.
- 1982
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Started sales of Kawagoe Green Park in Kawagoe, Saitama.
Completed construction of Shinjuku NS Building in Shinjuku Ward, Tokyo; moved Company headquarters there from Shinjuku Sumitomo Building.Shinjuku NS Building
Started sales of Hiroo Garden Hills in Shibuya Ward, Tokyo - a joint project.
Completed construction of Sumitomo Minamiaoyama Building in Minato Ward, Tokyo.
- 1983
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Completed construction of Sumitomo Ichigaya Building in Shinjuku Ward, Tokyo.
Completed construction of Sumitomo Hanzomon Building in Chiyoda Ward, Tokyo.
- 1984
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Started sales of Rokko Grand Hills in Kobe, Hyogo.
Established Sumitomo Fudosan Finance Co., Ltd. (Absorbed in March, 2022).Established La Solana N.Y., Inc. (currently Sumitomo Realty & Development (N.Y.), Inc.) in New York, U.S.A.
- 1986
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Completed construction of Sumitomo Shibakoen Building in Minato Ward, Tokyo.
Established Sumitomo Fudosan Fitness Co., Ltd.(currently Sumitomo Fudosan Esforta Co., Ltd.), a consolidated subsidiary, entering fitness business.Established La Solana D.C., Inc. in Wasington D.C., U.S.A.
- 1987
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Acquired 666 Fifth Avenue (Tishman Building) in New York, U.S.A.
- 1988
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Established Sumitomo Realty & Development (Australia) Pty. Limited in Sydney, Australia.
- 1989
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Completed Sumitomo Hamamatsucho Building in Minato Ward, Tokyo.
Started sales of Seaside Momochi in Fukuoka, Fukuoka - a joint project.
1990 - 2009
- 1990
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Completed construction of Sumitomo Irifune Building in Chuo Ward, Tokyo.
- 1991
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Completed construction of Sumitomo Fudosan Ryogoku Building in Sumida Ward, Tokyo.
Opened Hotel Nikko Darling Harbour in Sydney, Australia.
- 1992
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Started sales of Nopporo City House, a large-scale condominium, in Ebetsu, Hokkaido.
Completed construction of Sumitomo Fudosan Sarugakucho Building in Chiyoda Ward, Tokyo.
- 1994
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Completed construction of Sumitomo Fudosan Ueno Building No.5 in Taito Ward, Tokyo.
Completed construction of Kawasaki Ekimae Tower Rebark in Kawasaki, Kanagawa - an urban area redevelopment project.
- 1995
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Commenced American Comfort custom home construction business.
- 1996
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Commenced Shinchiku Sokkurisan remodeling business.
Shinchiku Sokkurisan
(Before)Shinchiku Sokkurisan
(After)Completed construction of Nihombashi Hakozaki Building in Chuo Ward, Tokyo - an urban area redevelopment project.
Started sales of East Parks Oshima, one of Japan's largest housing complex redevelopment projects, in Koto Ward, Tokyo.
Opened Village Izukogen, a resort hotel, in Ito, Shizuoka.
- 1997
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The First Medium-term Management Plan started (April 1997 - March 2001).
The imported housing "American Comfort" won the award of excellence at the 1996 Nikkei Superior Products and Services Awards.
Opened three "Villa Fontaine" high-quality business hotels all at once(Nihombashi, Hakozaki and Shinsaibashi).
- 1998
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Completed construction of Shibuya Infoss Tower in Shibuya Ward, Tokyo.
Sumitomo Real Estate Sales Co., Ltd., a consolidated subsidiary, listed on the Tokyo Stock Exchange.
Completed construction of Chiyoda First Building East in Chiyoda Ward, Tokyo - an urban area redevelopment project.Chiyoda First Building East
- 1999
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Completed construction of Sumitomo Nakanosakaue Building in Nakano Ward, Tokyo - an urban area redevelopment project.
Commenced real estate joint investment trust fund. Launched Sumitomo Realty & Development Fund (SURF) series. *SURF ended its service in October 2019.
The Samquest bond issuance, which was the first public offering of commercial real estate securitization in Japan.
- 2000
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Completed construction of Sumitomo Fudosan Iidabashi First Building in Bunkyo Ward, Tokyo.
Sumitomo Fudosan Iidabashi
First BuildingCompleted construction of Sumitomo Fudosan Shibakoen First Building / Launched luxury rental apartment series "La Tour" with La Tour Shibakoen in Minato Ward, Tokyo.
Started sales of Park Square Yokohama in Yokohama, Kanagawa.
Started sales of Central Residence Shinjuku City Tower in Shinjuku Ward, Tokyo.
Started sales of Tokyo Twin Parks in Minato Ward, Tokyo - a joint project.
- 2001
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The Second Medium-term Management Plan started (April 2001 - March 2004).
Completed construction of Sumitomo Fudosan Shibakoen Tower in Minato Ward, Tokyo.
The number of STEP brokerage offices managed by Sumitomo Real Estate Sales Co., Ltd. exceeded 200.
- 2002
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Started sales of City Tower Osaka in Osaka, Osaka.
Completed construction of Izumi Garden Tower in Minato Ward, Tokyo.
Izumi Garden Tower
Started sales of City Tower Takanawa in Minato Ward, Tokyo.
- 2003
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Completed construction of Sumitomo Fudosan Shinjuku Oak Tower in Shinjuku Ward, Tokyo.
Sumitomo Fudosan Shinjuku
Oak TowerLaunched J·URBAN series, fixed-price urban-style housing series.
J・URBAN series
- 2004
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Completed construction of Chiyoda First Building West in Chiyoda Ward, Tokyo.
The Third Medium-term Management Plan started (April 2004 - March 2007).
Started sales of WORLD CITY TOWERS in Minato Ward, Tokyo.
WORLD CITY TOWERS
Completed construction of Shiodome Sumitomo Building in Minato Ward, Tokyo.
- 2005
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Completed construction of Tokyo Shiodome Building in Minato Ward, Tokyo.
- 2006
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Started sales of Grand Hills Kakuouzan Hououcho in Nagoya, Aichi.
Completed construction of Sumitomo Fudosan Tokyo Mita South Tower (formerly Sumitomo Fudosan Mita Twin Building West) and Sumitomo Fudosan Mita First Building (formerly Sumitomo Fudosan Mita Twin Building East) in Minato Ward, Tokyo.
- 2007
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The Fourth Medium-term Management Plan started (April 2007 - March 2010).
Started sales of Grand Hills Sangenjaya Hill Top Garden in Setagaya Ward, Tokyo.
Grand Hills Sangenjaya
Hill Top Garden
- 2008
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Established Sumitomo Fudosan Bellesalle Co., Ltd., a consolidated subsidiary.
Started sales of City Towers Toyosu The Twin in Koto Ward, Tokyo - a joint project.
City Towers Toyosu The Twin
Commenced sales of Osaki West City Towers in Shinagawa Ward, Tokyo - a joint project.
Started sales of City Tower Azabujuban in Minato Ward, Tokyo - an urban area redevelopment project.
- 2009
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Started sales of MEGA CITY TOWERS in Yao, Osaka.
Completed construction of Sumitomo Fudosan Akihabara Building in Chiyoda Ward, Tokyo.
Completed construction of Sumitomo Fudosan Shiodome Hamarikyu Building in Chuo Ward, Tokyo.
2010 -
- 2010
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The Fifth Medium-term Management Plan started (April 2010 - March 2013).
Completed construction of Shinjuku Central Park City and La Tour Shinjuku in Shinjuku Ward, Tokyo.
Completed construction of Sumitomo Fudosan Iidabashi First Tower in Bunkyo Ward, Tokyo.
Completed construction of Sumitomo Fudosan Shibuya First Tower in Shibuya Ward, Tokyo.
Completed construction of La Tour Daikanyama in Shibuya Ward, Tokyo.
La Tour Daikanyama
Started sales of City Towers Toyosu The Symbol in Koto Ward, Tokyo.
- 2011
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Opened "Sougou Mansion Gallery" in five locations within the Tokyo metropolitan area (Akihabara, Shinjuku, Shibuya, Ikebukuro, Tamachi).
Completed construction of Sumitomo Fudosan Shinjuku Grand Tower in Shinjuku Ward, Tokyo.
Sumitomo Fudosan Shinjuku
Grand Tower
- 2012
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Completed construction of Sumitomo Fudosan Shibuya Garden Tower in Shibuya Ward, Tokyo.
Launched a Custom-order Condominium service, offering semi-custom made interior design solutions.Launched J·RESIDENCE, a new custom home series.
- 2013
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The Sixth Medium-term Management Plan started (April 2013 - March 2016).
Established Dalian Qingyun Sky Realty and Development Co., Ltd. in Dalian City, PRC - a joint-venture for development and sales of condominiums.
- 2014
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Number of condominium units brought to market over full year was the highest in Japan for the first time.
Started sales of DEUX TOUR in Chuo Ward, Tokyo.
DEUX TOUR
- 2015
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Completed construction of Tokyo Nihombashi Tower in Chuo Ward, Tokyo.
Tokyo Nihombashi Tower
Opened "Mansion Reform Gallery Shinjuku," a comprehensive information center for condominium renovations, in Shinjuku Ward, Tokyo.
Achieved cumulative total of 100,000 units contracted in Shinchiku Sokkurisan remodeling business.
- 2016
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The Seventh Medium-term Management Plan started (April 2016 - March 2019).
Completed construction of Shinjuku Garden in Shinjuku Ward, Tokyo.
Completed construction of Sumitomo Fudosan Roppongi Grand Tower in Minato Ward, Tokyo.
Sumitomo Fudosan
Roppongi Grand TowerNumber of condominium units brought to market over the full year was the highest in Japan for the third consecutive year (2014 - 2016).
- 2017
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Established Sumitomo Fudosan Retail Management Co., Ltd. (the company name changed in January 2020), a consolidated subsidiary.
Sumitomo Real Estate Sales Co., Ltd. delisted as it became a wholly owned subsidiary.
- 2018
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Completed construction of Sumitomo Fudosan Osaki Garden Tower in Shinagawa Ward, Tokyo.
Sumitomo Fudosan
Osaki Garden TowerCompleted construction of Sumitomo Fudosan Onarimon Tower in Minato Ward, Tokyo.
Sumitomo Fudosan
Onarimon Tower
- 2019
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Established Goisu Realty Pvt. Ltd. in India.
Completed construction of La Tour Sapporo Ito Garden in Sapporo, Hokkaido.
La Tour Sapporo Ito Garden
The Eighth Medium-term Management Plan started (April 2019 - March 2022).
Acquired our first office building site in BKC, a new city center of Mumbai, India.
Completed construction of City Towers Tokyo Bay in Koto Ward, Tokyo.
City Towers Tokyo Bay
Completed construction of Sumitomo Fudosan Akihabara Ekimae Building in Chiyoda Ward, Tokyo.
Completed construction of Sumitomo Fudosan Shinjuku Central Park Tower in Shinjuku Ward, Tokyo.
- 2020
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Number of condominium units brought to market over the full year was the highest in Japan for the sixth consecutive year (2014-2019).
Completed renovation of Shinjuku Sumitomo Building / Completed "Sankaku Hiroba," an all-weather atrium for various events in Shinjuku Ward, Tokyo.
"Sankaku Hiroba" in
Shinjuku Sumitomo BuildingCompleted construction of Sumitomo Fudosan Kojimachi Garden Tower in Chiyoda Ward, Tokyo.
Fully opened Ariake Garden, a large-scale complex, in Koto Ward, Tokyo.
Ariake Garden
- 2021
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25th anniversary of Shinchiku Sokkurisan remodeling business (in April) / Achieved cumulative total of 150,000 units contracted.
Opened Kyoto Kawaramachi Garden in Kyoto, Kyoto.Kyoto Kawaramachi Garden
Launched "STEP Auctions," a new real estate brokerage service of Sumitomo Real Estate Sales Co., Ltd.
- 2022
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Completed construction of Sumitomo Fudosan Osaki Twin Building East in Shinagawa Ward, Tokyo.
Sumitomo Fudosan
Osaki Twin Building EastCompleted construction of La Tour Osaka Umeda in Osaka, Osaka.
The Ninth Medium-term Management Plan started (April 2022 - March 2025)
Due to a market restructuring of the Tokyo Stock Exchange, the Company's market segment was transferred from the First Section to the Prime Market.
Fully opened Umeda Garden, a super high-rise mixed-use tower, in Osaka, Osaka.
Umeda Garden
Acquired our second office building site in BKC, a new city center of Mumbai, India.
- 2023
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Fully opened Haneda Airport Garden, a mixed-use complex directly connected to the Haneda Airport, in Ota Ward, Tokyo.
Haneda Airport Garden
Completed construction of Sumitomo Fudosan Tokyo Mita Garden Tower in Minato Ward, Tokyo.
Sumitomo Fudosan Tokyo
Mita Garden TowerCompleted construction of Sumitomo Fudosan Shinjuku First Tower in Shinjuku Ward, Tokyo.
Sumitomo Fudosan Shinjuku
First TowerAcquired a site for a large-scale mixed-use development with gross floor are of over one million sqm in Worli, in the heart of Mumbai, India.
Area around the acquired site