Sustainability Initiatives
Basic Policy
- Takara Leben Real Estate Investment Corporation (TLR) aims to achieve “steady growth” and “stable management” by using a multi-sponsor management structure that combines the expertise and knowledge of sponsor companies with various strengths.
- With the goal of remaining unitholders' diversified J-REIT of choice, TLR aims to achieve “maximization of unitholder value,” “creation of a sustainable environment,” and “contribution to communities and society.”
Message from the Executive Director
Tetsuo Saida, Executive Director
Takara Leben Real Estate Investment Corporation
TLR was listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market on July 27, 2018. Our basic policy is to pursue “steady growth” and “stable management.” Along with these, in order to remain unitholders' diversified J-REIT of choice, we aim to achieve “maximization of unitholder value,” “creation of a sustainable environment,” and “contribution to communities and society.” Since our listing, we have implemented various measures relating to these goals.
At the same time, the issues that we need to tackle as a member of society continue to grow, including environmental problems caused by climate change, the diversification of risks, improving employees' and tenants' health and comfort, addressing human rights issues, and contributing to local communities. Going forward, we will fulfill our responsibilities with the aim of realizing a better society while engaging our stakeholders in dialogue of various kinds and seeking their understanding with respect to how we view these issues and what we are doing in response to them.
Going forward, it is TLR's intention to further expand our various initiatives and strive for timely, appropriate information disclosure. We greatly appreciate your continued support.
Structure
Corporate Profile
| Name | Takara Leben Real Estate Investment Corporation |
|---|---|
| Representative | Tetsuo Saida, Executive Director |
| Address | 2-7-17 Hamamatsucho, Minato-ku, Tokyo |
| Asset Management Company | MIRARTH Real Estate Advisory Inc. |
History
| August 28, 2017 | Notification relating to establishment of Takara Leben Real Estate Investment Corporation under Article 69 of the Law Concerning Investment Trusts and Investment Corporations (hereinafter "the Law") by the incorporator, Takara PAG Real Estate Advisory Ltd., currently MIRARTH Real Estate Advisory Inc. |
|---|---|
| September 11, 2017 | Registration of establishment under Article 166 of the Law. Establishment of Takara Leben Real Estate Investment Corporation |
| September 20, 2017 | Application of registration under Article 188 of the Law |
| October 11, 2017 | Registration under Article 187 of the Law by the Prime Minister of Japan (Registration No. 129, filed with the Director of the Kanto Local Finance Bureau) |
| April 5, 2018 | Changing the corporate name from PAG PRIVATE REIT, Inc. to Takara Leben Real Estate Investment Corporation |
Library
TLR publishes an annual ESG Report to promote a deeper understanding of ESG activities.
Reporting Scope/Interval and Timing of Updates
| Reporting scope | TLR and MIRARTH Real Estate Advisory Inc. (TLR's asset management company, hereafter referred to as “the Asset Manager”) In addition to the above two corporations, some activities of MIRARTH HOLDINGS, Inc. which is TLR's main sponsor, are covered. |
|---|---|
| Reporting interval | As a rule, the reporting interval is once per year, but if there are updates to quantitative data or new events occur, the details will be updated as needed and indicated in the update and revision history at the end of the report (excluding minor revisions). |
| Approach to reporting interval and reporting year | As a rule, taking April 1 in a given year as the start date and the end of March in the following year as the end date, the report will cover performance, conditions, etc. for activities conducted during the year in question. However, in some cases, details that fall outside this period will also be included. |
Contact Information for ESG-Related Inquiries
Please use the contact information below for ESG-related inquiries.
| Asset Manager | MIRARTH Real Estate Advisory Inc. |
|---|---|
| Phone no./Opening hours | 03-6435-52649:00 a.m. - 5:30 p.m. (except for Saturdays, Sundays, statutory holidays, and New Year's holidays) |
| info@mirarth-ra.co.jp |