Open Ecosystem for Sustainable Urban Development and Innovation

Tokyu Fudosan Holdings Corporation is a leading real estate company in Japan, focusing on urban development, real estate services, and community creation. With a commitment to sustainable growth and innovation, Tokyu Fudosan drives value through strategic investments and partnerships that align with its vision for future city living.

About Tokyu Fudosan Holdings’ Investment Strategy

Tokyu Fudosan Holdings operates a Corporate Venture Capital (CVC) arm dedicated to investing in startups and technologies that contribute to urban innovation, sustainable development, and new business creation. Their approach centers on leveraging Tokyu Group’s broad ecosystem—spanning real estate, transportation, retail, and community services—to foster startups that complement and enhance this ecosystem.

Investment Policy Highlights

• Target Sectors: Urban development, real estate technology, mobility, lifestyle innovation, and sustainability-related fields.
• Investment Stages: Focus on seed, early, and growth-stage startups that offer innovative solutions.
• Geographical Focus: Primarily Japan, with openness to strategic global investments.
• Collaboration: Emphasis on co-creation with startups to integrate new technologies and business models into Tokyu’s ecosystem

Investment Focus Areas

• Smart Cities & Digital Transformation: Tokyu Land Corporation is involved in smart city initiatives, notably the "Smart City Takeshiba" project, which utilizes real-time data to enhance urban living.
• Renewable Energy: The company has been developing renewable energy projects, including solar and wind power plants, since 2014.
• Wellness: They are engaged in wellness-related businesses, such as hotels, resorts, and healthcare sectors, aiming to provide fulfilling experiences.

Target Geographies

• Japan: Their primary operations and developments are based in Japan, focusing on urban areas like Tokyo's Shibuya and Takeshiba districts.
• International Markets: Tokyu Land Corporation has expanded its real estate business overseas, with activities in the United States and various Asian countries, including Indonesia and China.

Investment Portfolio & Exit Activity

• Renewable Japan: Tokyu Land Corporation acquired Renewable Japan, a major renewable energy developer, through a management buyout announced on November 14, 2024. This move aimed to delist Renewable Japan from the Tokyo Stock Exchange.
• Looop: As of March 30, 2025, Tokyu Land Corporation made a corporate minority investment in Looop, a company involved in renewable energy solutions.

Strategic Partnerships

• BKM Capital Partners: In December 2024, Tokyu Land US Corporation partnered with BKM Capital Partners to recapitalize three San Diego business parks for $76.9 million. This joint venture marked Tokyu Land's entry into the U.S. industrial real estate market.
• Kennedy Wilson: In April 2025, Tokyu Land US Corporation collaborated with Kennedy Wilson to launch a $200 million investment platform targeting preferred equity and mezzanine real estate investments in multifamily and industrial assets across the U.S.

Real Estate Investment Trusts (REITs)

Tokyu Land Corporation manages several REITs through its subsidiary, TLC REIT Management Inc.

• Activia Properties Inc.: Focuses on urban commercial facilities and offices.
• Comforia Residential REIT, Inc.: Specializes in urban rental residences.
• Broadia Private REIT, Inc.: Targets a diversified portfolio, including office buildings, commercial facilities, condominiums, hotels, logistics facilities, healthcare, infrastructure, and parking.

What's in it for you?

Startup Support & Acceleration Programs

1. SAKURA DEEPTECH SHIBUYA (SDS) Accelerator

SAKURA DEEPTECH SHIBUYA (SDS) is a global innovation hub established by Tokyu Land Corporation to support the growth of deeptech startups addressing global-scale challenges. The SDS Accelerator is a global program that supports deeptech startups with world-class partners. The program emphasizes four pillars: “Global,” “Top-Tier Deeptech Mentorship Circle,” “Shibuya Culture,” and a “Leading Corporate Community.”

Key Features:

• Global Reach: Open to deeptech startups worldwide.
• Mentorship: Access to top-tier mentors from academia and industry.
• Cultural Integration: Immersion in Shibuya's vibrant culture.
• Corporate Community: Collaboration with leading corporations.

2. UP by Shibuya Startup Support

UP by Shibuya Startup Support is a startup incubator and international startup community in the Shibuya ward. In collaboration with the ward, UP provides support including Proof of Concept (PoC), Go-To-Market (GTM) strategies, partnerships, recruitment, and public relations.

Key Features:

• Comprehensive Support: Assistance in various aspects of startup development.
• Collaborative Environment: Opportunities to collaborate with local government and corporations.
• Community Access: Integration into Shibuya's startup ecosystem.

3. TECH-Tokyo Collaboration

Tokyu Land Corporation has partnered with the Technology & Entrepreneurship Center at Harvard (TECH) to establish TECH-Tokyo, a hub aimed at expanding and strengthening Japan's startup community. Located at Shibuya Sakura Stage, this collaboration provides access to a global startup community and opportunities for collaboration between startups and academic institutions.

4. Shibuya Startup Ecosystem Initiatives

In collaboration with Shibuya Ward, Tokyu Land Corporation has been instrumental in forming the Shibuya Startup Deck, a consortium of over 150 public and private entities. This initiative includes the "S-Startups" certification system, the "Shibuya Startup University" entrepreneur development program, and support for startups through regulatory reforms and a conducive environment.

Strategic Investment & Partnership Programs

1. Capital Participation Program

Tokyu Land Corporation provides direct capital investments to startups contributing to sustainable urban growth and innovation aligned with their business strategies.

2. Strategic Co-Creation Program

Partners collaborate closely with Tokyu Land to explore new urban business models, services, and opportunities that redefine city living.

3. Access to Urban Infrastructure Assets

Startups gain opportunities to pilot and scale innovative solutions using Tokyu Land’s extensive real estate and urban infrastructure portfolio.

4. ESG-Driven Value Creation Program

The company integrates environmental, social, and governance initiatives into investment activities to promote high-impact sustainability goals.

Characteristics of Tokyu Land Corporation

1. Comprehensive Urban Development Expertise
   Tokyu Land Corporation leverages decades of experience in urban planning and real estate development, specializing in creating vibrant, sustainable communities primarily in Japan’s key urban centers such as Shibuya and Takeshiba. Their projects integrate residential, commercial, and public infrastructure to foster balanced urban ecosystems.
2. Global Expansion with Strategic Focus
   While their core operations remain in Japan, Tokyu Land has expanded overseas with selective investments and partnerships in the U.S. and Asian markets, including Indonesia and China. This global reach enhances their portfolio diversity and opens pathways for cross-border innovation and growth.
3. Leadership in Renewable Energy Investments
   Through strategic acquisitions like Renewable Japan and minority investments in companies such as Looop, Tokyu Land actively supports renewable energy development, aligning with their commitment to sustainability and environmental responsibility.
4. Strong Collaborative Partnerships
   Tokyu Land has formed key strategic partnerships with prominent players such as BKM Capital Partners and Kennedy Wilson. These alliances enable them to expand into new asset classes, including U.S. industrial real estate and multifamily housing investments, and enhance their investment platform capabilities.
5. Diverse Real Estate Investment Trust (REIT) Management
   Managing multiple REITs via TLC REIT Management Inc., Tokyu Land oversees portfolios spanning commercial facilities, offices, residential properties, hotels, logistics, healthcare, infrastructure, and parking. This diversification supports stable cash flow and growth across market segments.
6. Integrated Ecosystem Approach
   As part of the broader Tokyu Group, Tokyu Land Corporation benefits from synergies across transportation, retail, and lifestyle sectors, enabling holistic urban solutions and unique opportunities for startup collaboration within a multi-industry ecosystem.

Why You Should Collaborate with Tokyu Land Corporation

Tokyu Land Corporation offers startups a unique gateway to co-create the future of urban innovation through hands-on collaboration, investment, and global exposure. By joining their programs, startups gain:

• Strategic support from a leading urban developer through initiatives like the SDS Accelerator and UP by Shibuya, designed to foster scalable innovation in deeptech and urban solutions.
• Access to extensive infrastructure and real-world testing environments across Shibuya and other urban projects, enabling startups to pilot and validate their solutions in live ecosystems.
• Opportunities to co-develop new business models with Tokyu Land Corporation and its corporate ecosystem, fostering practical, sustainable growth.
• Exposure to global and academic networks, including partnerships with institutions like Harvard’s TECH, helping startups bridge Japan and global innovation hubs.
• Participation in a vibrant startup ecosystem supported by the Shibuya ward, which includes public-private partnerships, startup certifications, and university-linked entrepreneurial development programs.

These collaborations are designed not only to scale startups but also to align with Tokyu Land Corporation’s long-term vision for smart, sustainable cities.

Ready to Collaborate?

If your startup is innovating in smart cities, mobility, ESG, or urban tech, Tokyu Land Corporation wants to hear from you.