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The company was founded as Izumi Real Estate Co., Ltd. in 1949 following the dissolution of the Sumitomo conglomerate. It adopted its current name in 1957. [3] From the early 1960s, Sumitomo was active in developing and selling condominium properties. [4] Sumitomo Realty held its initial public offering on the Tokyo and Osaka stock exchanges in ...
In 1944, the company merged with Sumitomo Building Co., Ltd. (established August 1923; capital stock 6.5 million yen) to form Sumitomo Building and Real Estate Co., Ltd. [8] Sumitomo was integral to Imperial Japan's war machine during World War II , but the war destroyed most of Sumitomo's industrial infrastructure within Japan.
Sumitomo Electric Industries, Ltd.* Electronics and electric products Sumitomo Forestry Co., Ltd. Lumber and housing: Sumitomo Heavy Industries* Machinery, weaponry, and shipbuilding Sumitomo Life: Insurance: Nippon Steel* Steel: Sumitomo Metal Mining Co., Ltd.* Non-ferrous metal: Sumitomo Mitsui Financial Group* Finance: Sumitomo Mitsui ...
The Shinjuku NS Building (新宿NSビル, Shinjuku Enu Esu Biru) is a skyscraper located in Shinjuku, Tokyo, Japan.The name comes from co-developers, Nihon Seimei and Sumitomo.
It was developed by Sumitomo Realty & Development, the real estate arm of the Sumitomo Group, and previously housed Sumitomo Realty's headquarters. A pioneering skyscraper in Shinjuku, many companies are tenants of the building, as well as several restaurants. The free observation deck on the 51st floor was closed on April 1, 2017. [2]
A group accused of a real estate fraud scheme conspired to steal at least 10 homeowners’ identities and sold their properties “out from under them” without permission, federal officials said.
The Sumitomo Fudosan Roppongi Grand Tower (住友不動産六本木グランドタワー) is a 231 m (roughly 758 ft) commercial skyscraper located in Roppongi, Minato ward, Tokyo. [ 1 ] [ 2 ] The 40-story tower is a result of the Roppongi 3-chome East Side Project ( 六本木三丁目東地区プロジェクト , Roppongi san-chome higashi ...
[107] [110] In June 1987, a subsidiary of Japanese realty and development company Sumitomo Realty & Development purchased 666 Fifth Avenue and its underlying land from Integrated for $500 million. [ 111 ] [ 112 ] At the time, it was believed to be the second most expensive office-building sale in Manhattan history, behind that of 1251 Avenue of ...