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Corporate History

January 1986 NTT Urban Development Co. established
  • Aims to effectively utilize properties held by the NTT Group in the Tokyo metropolitan area
  • Inherits construction technology and development expertise from NTT
  • Employs tax law benefits to acquire land from NTT at low book values without revaluating
April 1999 Merged with five NTT Group real estate companies across Japan
  • Nationwide expansion of network and property portfolio
April 2000 Residential property sales business launched
  • Diversify our business portfolio
November 2004 Company shares listed on the First Section of the Tokyo Stock Exchange
March 2006 Grand opening of Akihabara UDX
  • Acquired land from outside the NTT Group
    (Successful bid on public offering from the Tokyo Metropolitan Government)
November 2007 Announcement of NTT Urban Development Group Medium-term Management Plan 2010
May 2010 Announcement of NTT Urban Development Group Medium-term Management Plan 2012
November 2010 Grand opening of " LAQUE Shijo – Karasuma, " commercial facility, of Urbannet Shijo – Karasuma Building

 

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