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Global Construction and Real Estate Business
Business Overview
The Sumitomo Forestry Group has been actively entering promising growth markets since launching the housing business in the United States in 2003. Currently, the Housing, Construction and Real Estate Business is expanding even in Australia and Asia. In addition to offering housing and medium- to large-scale wooden constructions that matches the needs of the climate and natural features as well as markets in each region, we promote initiatives to create shared value through our business activities by respecting employees, local residents, corporate organizations, society and every other stakeholder.
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Housing sold and delivered in the United
States and Australia13,623 houses
Construction and Real Estate Business Development Areas
United States Housing Construction Business Areas
United States Housing, Multi-unit Residential and Mixed
Use Commercial Complex Development Business Areas
Australia Single Family Homes and
Landscape Business Area
Asian Business Areas
Main medium- to large-scale wooden construction business (excluding Japan)
Country/Region | Title | Building area | Start of construction | |
---|---|---|---|---|
Australia (Melbourne) | 15-story wooden office | 36 Wellington Project | 28,865m2 | December 2021 |
United States (Dallas, Texas) |
7-story wooden office | Southstone Yards Project | Approx. 22,548m2 | August 2022 |
United Kingdom (London) | 6-story wooden office | Paradise Project | 7,445m2 | March 2023 |
Integrated Approach to ESG Initiatives in the Global Construction and Real Estate Business
The Global Construction and Real Estate Business places value on construction that adapts to the living customs and culture of each region. Outside of Japan, we respect the management policies of our local Group companies to create a system that is able to provide products and services best suited to each region. For example, in the United States, enhancements to common areas such as walkways lush with nature and playgrounds as well as information centers built alongside pools, parks, cafés and other amenities in line with the scale of a development heighten community value and satisfaction of lifestyle environments.
In Australia, all-electric appliances and solar panels are standard equipment, adding value from the perspective of reducing environmental impact.
At the same time, we have established a system that enables us to take prompt and reliable action on important matters, including risk assessment in housing and real estate development and ensuring occupational health and safety at work sites, in accordance with Group policies and through communication with Sumitomo Forestry's head office.
ESG Initiatives in the Global Construction and Real Estate Business
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