What is the name of Literam's first project property?

It is 'Re-be Higashi-Mikuni,' a 30-year-old rental apartment building located in Yodogawa-ku, Osaka City.

What is the objective of this project?

To conduct renovations tailored to market needs, aiming for early lease-up and maximized profitability.

What kind of company is Literam?

It is a joint venture invested in by Renovateers Co., Ltd. and Mitsubishi HC Capital Realty Co., Ltd., specializing in urban and regional regeneration project management.

Why is real estate regeneration considered important?

It is considered important from the perspectives of realizing a sustainable society, reducing environmental impact, and effectively utilizing existing assets.

Literam Awarded First Regeneration Investment Project Management Contract

Q: What are Literam's future goals?

To facilitate projects totaling 100 billion yen by fiscal year 2030.

Published Jun 11, 2026 11:00 AM ・ Updated Jun 14, 2026 12:02 AM ・ 9 min read ・ Source: PR TIMES

Literam Co., Ltd. has been appointed to manage the project for 'Re-be Higashi-Mikuni,' a 30-year-old rental apartment building acquired by Mitsubishi HC Capital Realty Co., Ltd. This marks Literam's first contract since its establishment, aiming to maximize urban potential through real estate regeneration.

Literam Co., Ltd. (CEO: Masami Kitagawa), which specializes in urban and regional regeneration project management, has been contracted for project management services for the following property (hereinafter referred to as 'the Property'), acquired by Mitsubishi HC Capital Realty Co., Ltd. (President: Itsuo Wako), a group company of Mitsubishi HC Capital Co., Ltd. (President & CEO: Daiki KUI, hereinafter referred to as 'Mitsubishi HC Capital Realty'). This is the first project contract for Literam since its establishment.

Project Overview

Property Name Re-be Higashi-Mikuni

Location 5-2-25 Miyahara, Yodogawa-ku, Osaka-shi, Osaka Prefecture

Access 1-minute walk from Higashi-Mikuni Station on the Osaka Metro Midosuji Line

Area Land Area: 766.85 sq. meters Total Floor Area: 4,813.21 sq. meters

Usage/Structure Apartment Building (95 units) / Steel Reinforced Concrete, 10 stories above ground

Completion March 1996 (30 years old)

Planned Project Management Scope Real estate value-up planning, renovation design and construction, and comprehensive support and advice for property sales.

Completion Image

* Changes may occur during the detailed design process.

Literam is a joint venture invested in by Renovateers Co., Ltd. (CEO: Tomohiro Yamashita, hereinafter referred to as 'Renovateers') and Mitsubishi HC Capital Realty. Its mission is to 'maximize the potential of towns through the regeneration of real estate.' As a project management company that creates new value for communities, Literam promotes the formation of integrated projects from property acquisition to maximizing asset value through regeneration, aiming to facilitate projects totaling 100 billion yen by fiscal year 2030.

This property, as Literam's first project, involves renovating a 30-year-old rental apartment building to align with market needs, aiming to maximize profitability through early lease-up. This project seeks to realize a lifestyle where physical and mental well-being are naturally nurtured. Furthermore, through this project, which prioritizes the circular economy and considers environmental impact compared to scrap-and-build, Literam aims to create new value for real estate and communities, contributing to the realization of a sustainable society.

* News Release dated October 1, 2025: 'Mitsubishi HC Capital Group and Renovateers Sign Joint Venture Agreement'

Literam's Regeneration Investment Themes '5 CORE THEMES'

DESIGN FOR TOMORROW

All 'regeneration' we undertake is linked to five themes for achieving a sustainable society.

Literam Company Overview

Company Name Literam Co., Ltd.

Representative President Masami Kitagawa

Location 5-4-35 Minami-Aoyama, Minato-ku, Tokyo

Date Established October 1, 2025

Business Overview Urban and regional regeneration project management

Capital and Reserves 100 million yen

Investors Renovateers Co., Ltd., Mitsubishi HC Capital Realty Co., Ltd.

Mitsubishi HC Capital Overview

Company Name Mitsubishi HC Capital Co., Ltd.

Representative President & CEO Daiki KUI

Location 1-5-1 Marunouchi, Chiyoda-ku, Tokyo

Date Established April 1971

Business Overview Leasing of various properties, installment sales of various properties, various financing services, etc.

Capital 33,196 million yen

Mitsubishi HC Capital Realty Overview

Company Name Mitsubishi HC Capital Realty Co., Ltd.

Representative President Itsuo Wako

Location 1-4-1 Marunouchi, Chiyoda-ku, Tokyo

Date Established April 2016

Business Overview Equity investment and non-recourse loans in real estate securitization schemes. Investment in physical real estate for the purpose of real estate regeneration and improvement of real estate value. Consulting services related to the management and operation of real estate assets, etc.

Capital 500 million yen (100% owned by Mitsubishi HC Capital Co., Ltd.)

Renovateers Overview

Company Name Renovateers Co., Ltd.

Representative President Tomohiro Yamashita

Location 5-4-35 Minami-Aoyama, Minato-ku, Tokyo

Date Established April 2010

Business Overview Operation of an integrated renovation platform comprising a housing renovation platform, a CRE (Corporate Real Estate) renovation platform, and an industry support platform.

Capital and Reserves 679 million yen

End

FACT BOX

Source: PR TIMES
Category: Partnership

Literam Awarded First Regeneration Investment Project Management Contract

⚡ Key Points