Investment in the SPARX Sapporo-Hokkaido GX Fund

Heiwa Real Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President and Representative Director: Kiyoyuki Tsuchimoto; hereinafter "the Company") is pleased to announce that it has invested 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 Japan's first region-specific, public-private partnership GX fund established to invest in Green Transformation (GX) related projects in Hokkaido. In addition to renewable energy within Hokkaido, the Fund plans to consider investments in offshore wind power, next-generation semiconductors, data centers, hydrogen, SAF (Sustainable Aviation Fuel), storage batteries, subsea DC power transmission, and electric/hydrogen transport vessels.

In 2023, "Team Sapporo-Hokkaido" (TSH) was established as a framework for industry-academia-government-finance collaboration to integrally promote the creation of the GX industry and the strengthening of financial functions. Furthermore, with the City of Sapporo and Hokkaido being designated as a "GX Finance and Asset Management Special Zone" (revised to "GX/AI Finance 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, where over 100 domestic and international financial players are currently concentrated across six locations. Focusing on Sapporo's goal of developing into a new financial hub for GX finance and asset management, the Company is also planning to open "FinGATE SAPPORO," its first location in a regional city.

Leveraging this new facility, the Company will collaborate with the "SAPPORO ONE" project (Odori Nishi 4-minami District Type 1 Urban Redevelopment Project) currently being promoted in central Sapporo to contribute to the concentration of financial functions and the enhancement of 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 consisting of 21 organizations established on June 23, 2023, to maximize Hokkaido's unparalleled potential for renewable energy and to realize an Asian/global "financial center" where capital, talent, and information related to GX from around the world gather in Hokkaido and Sapporo.

Fund Scheme Diagram

Fund Overview