Investment in the SPARX Sapporo-Hokkaido GX Fund

Heiwa Real Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Kiyoyuki Tsuchimoto; hereinafter "the Company") is pleased to announce its investment in the "SPARX Sapporo-Hokkaido GX Investment Limited Partnership" (hereinafter "the Fund"), established by SPARX Group Co., Ltd. with the participation of the City of Sapporo and others.

The Fund is the first regional, public-private GX fund in Japan established to invest in Green Transformation (GX) related projects in Hokkaido. It plans to consider investments in renewable energy, offshore wind power, next-generation semiconductors, data centers, hydrogen, SAF, storage batteries, subsea DC power transmission, and electric/hydrogen transport vessels within Hokkaido.

In 2023, "Team Sapporo-Hokkaido" (TSH) was established as a framework for industry-academia-government-finance collaboration to promote the creation of the GX industry and the strengthening of financial functions. Furthermore, with Sapporo and Hokkaido being designated as a "GX Financial and Asset Management Special Zone" in 2024 (revised to "GX/AI Financial and Asset Management Special Zone" in February 2026), efforts are underway to concentrate industrial and financial functions in the GX sector. The Fund aims to contribute to the development of GX-related industries and the revitalization of the regional economy in alignment with these initiatives.

Since 2017, the Company has operated "FinGATE," a service office for financial companies and startups in the Nihonbashi Kabutocho and Kayabacho areas of Tokyo, currently hosting over 100 domestic and international financial players across six locations. Focusing on Sapporo's goal of becoming a new financial hub for GX and asset management, the Company is also planning to open "FinGATE SAPPORO," its first location outside of Tokyo. By leveraging this facility and collaborating with the "SAPPORO ONE" urban redevelopment project in central Sapporo, the Company aims to contribute to the concentration of financial functions and enhance the city's appeal.

Against the backdrop of these initiatives in Sapporo, the Company will support the creation of investment opportunities in the GX sector through its investment in the Fund, while contributing to the development of GX-related industries in Hokkaido and enhancing Sapporo's competitiveness as a financial city.

About Team Sapporo-Hokkaido: A consortium of 21 organizations established on June 23, 2023, to maximize Hokkaido's world-class renewable energy potential and realize an Asian/global "financial center" where capital, talent, and information related to GX gather from around the world.

Fund Scheme Diagram

Fund Overview