Environment Urban Site Investment Criteria
Investments towards Urban Revitalization and Redevelopment Properties
OJR contributes to urban revitalization and redevelopment with due consideration for reducing environmental burden through active investments in landmark facilities in areas authorized by administrative agencies under the “Urban Redevelopment Project,” “Urban Revival Project,” and “Land Readjustment Project.” ORIX Real Estate Corporation (“ORE”), the group company of OAM, actively engages and participates in various large-scale redevelopment projects for large complex facilities and urban development composed of offices, retail, hotels, and conference facilities in urban areas. ORE supplies such properties to OJR.
Investments in Multi / Mixed Use Properties
OJR invests in mixed-use properties consisting of office, hotel, residential, commercial and other usage. Some of the large mixed-use properties integrated with cultural facilities, such as concert halls, constitute the core of supporting the local community.
Investment in Urban Brownfield Redevelopment
OJR invests in redevelopment properties in urban developed areas, including brownfields, only after verifying the implementation of remedial measures against soil contamination risks and compliance with environmental laws and regulations.
Commitments Related to Greenfield Developments
Although OJR seldom invests in greenfield properties, including urbanization control areas and agricultural land, it will duly confirm whether the development activities are in compliance with environmental laws and regulations and consider the status of acquisition of environmental certificates prior to investment.
Location of the properties
OJR’s properties are in locations with good access to public transportation, except for some properties, such as logistics facilities.