Literam Awarded First Regeneration Investment Project Management Contract
Key facts
- Literam Awarded First Regeneration Investment Project Management Contract
- Literam Co., Ltd. has been contracted to manage the regeneration investment 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 project since its establishment, aiming to maximize property value and contribute to a sustainable society through regeneration investment.
- Source: PR Times
- Date: June 11, 2026
Direct answer
Literam Co., Ltd. has been contracted to manage the regeneration investment 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 project since its establishment, aiming to maximize property value and contribute to a sustainable society through regeneration investment.
- Citation
- Literam Awarded First Regeneration Investment Project Management Contract (June 11, 2026), PR Times
- Source
- PR Times
- Date
- June 11, 2026
Literam Co., Ltd. has been contracted to manage the regeneration investment 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 project since its establishment, aiming to maximize property value and contribute to a sustainable society through regeneration investment.
📋 Article Processing Timeline
- 📰 Published: June 11, 2026 at 20:10
- 🔍 Collected: June 11, 2026 at 11:21
- 🤖 AI Analyzed: June 12, 2026 at 16:52 (29h 31m after Collected)
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; hereinafter referred to as 'Mitsubishi HC Capital Realty'), a group company of Mitsubishi HC Capital, Inc. (President & CEO: Daiki KUI; hereinafter referred to as 'Mitsubishi HC Capital'). 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 m²
Total Floor Area: 4,813.21 m²
Usage/Structure
Apartment Building (95 units) / Steel-reinforced concrete, 10 stories above ground
Completion
March 1996 (30 years old)
Scope of Project Management (Planned)
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 Renoable Co., Ltd. (CEO: Tomohiro Yamashita; hereinafter referred to as 'Renoable') and Mitsubishi HC Capital Realty, with the mission 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 achieve a cumulative project scale of 100 billion yen by fiscal year 2030.
This property, as Literam's first project, targets a 30-year-old rental apartment building. The project aims to maximize profitability through early lease-up by implementing renovations that meet market needs. Furthermore, this project prioritizes the circular economy, considering environmental impact compared to scrap-and-build, and contributes to the realization of a sustainable society by creating new value for real estate and communities.
*News Release dated October 1, 2025: 'Mitsubishi HC Capital Group and Renoable Sign Joint Venture Agreement'
https://www.mitsubishi-hc-capital.com/news/assets/pdf/2025100101.pdf
■ Literam's Regeneration Investment Themes '5 CORE THEMES'
DESIGN FOR TOMORROW
All 'regeneration' we undertake
is linked to five themes for realizing a sustainable society.
■ Literam Overview
Company Name
Literam Co., Ltd.
Representative
President & CEO Masami Kitagawa
Location
5-4-35 Minami-Aoyama, Minato-ku, Tokyo
Date of Establishment
October 1, 2025
Business Overview
Urban and regional regeneration project management
Capital Stock / Capital Reserve
100 million yen
Investors
Renoable Co., Ltd., Mitsubishi HC Capital Realty Co., Ltd.
■ Mitsubishi HC Capital Overview
Company Name
Mitsubishi HC Capital, Inc.
Representative
President & CEO Daiki KUI
Location
1-5-1 Marunouchi, Chiyoda-ku, Tokyo
Date of Establishment
April 1971
Business Overview
Leasing of various properties, installment sales of various properties, various financing services, etc.
Capital Stock
33,196 million yen
■ Mitsubishi HC Capital Realty Overview
Company Name
Mitsubishi HC Capital Realty Co., Ltd.
Representative
President Itsuro Wako
Location
1-4-1 Marunouchi, Chiyoda-ku, Tokyo
Date of Establishment
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 Stock
500 million yen (100% owned by Mitsubishi HC Capital, Inc.)
■ Renoable Overview
Company Name
Renoable Co., Ltd.
Representative
CEO Tomohiro Yamashita
Location
5-4-35 Minami-Aoyama, Minato-ku, Tokyo
Date of Establishment
April 2010
Business Overview
Operation of an integrated renovation platform consisting of a housing renovation platform, a CRE renovation platform, and an industry support platform.
Capital Stock / Capital Reserve
679 million yen
■ 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 m²
Total Floor Area: 4,813.21 m²
Usage/Structure
Apartment Building (95 units) / Steel-reinforced concrete, 10 stories above ground
Completion
March 1996 (30 years old)
Scope of Project Management (Planned)
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 Renoable Co., Ltd. (CEO: Tomohiro Yamashita; hereinafter referred to as 'Renoable') and Mitsubishi HC Capital Realty, with the mission 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 achieve a cumulative project scale of 100 billion yen by fiscal year 2030.
This property, as Literam's first project, targets a 30-year-old rental apartment building. The project aims to maximize profitability through early lease-up by implementing renovations that meet market needs. Furthermore, this project prioritizes the circular economy, considering environmental impact compared to scrap-and-build, and contributes to the realization of a sustainable society by creating new value for real estate and communities.
*News Release dated October 1, 2025: 'Mitsubishi HC Capital Group and Renoable Sign Joint Venture Agreement'
https://www.mitsubishi-hc-capital.com/news/assets/pdf/2025100101.pdf
■ Literam's Regeneration Investment Themes '5 CORE THEMES'
DESIGN FOR TOMORROW
All 'regeneration' we undertake
is linked to five themes for realizing a sustainable society.
■ Literam Overview
Company Name
Literam Co., Ltd.
Representative
President & CEO Masami Kitagawa
Location
5-4-35 Minami-Aoyama, Minato-ku, Tokyo
Date of Establishment
October 1, 2025
Business Overview
Urban and regional regeneration project management
Capital Stock / Capital Reserve
100 million yen
Investors
Renoable Co., Ltd., Mitsubishi HC Capital Realty Co., Ltd.
■ Mitsubishi HC Capital Overview
Company Name
Mitsubishi HC Capital, Inc.
Representative
President & CEO Daiki KUI
Location
1-5-1 Marunouchi, Chiyoda-ku, Tokyo
Date of Establishment
April 1971
Business Overview
Leasing of various properties, installment sales of various properties, various financing services, etc.
Capital Stock
33,196 million yen
■ Mitsubishi HC Capital Realty Overview
Company Name
Mitsubishi HC Capital Realty Co., Ltd.
Representative
President Itsuro Wako
Location
1-4-1 Marunouchi, Chiyoda-ku, Tokyo
Date of Establishment
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 Stock
500 million yen (100% owned by Mitsubishi HC Capital, Inc.)
■ Renoable Overview
Company Name
Renoable Co., Ltd.
Representative
CEO Tomohiro Yamashita
Location
5-4-35 Minami-Aoyama, Minato-ku, Tokyo
Date of Establishment
April 2010
Business Overview
Operation of an integrated renovation platform consisting of a housing renovation platform, a CRE renovation platform, and an industry support platform.
Capital Stock / Capital Reserve
679 million yen
FAQ
What specifically is Literam's 'regeneration investment'?
It is an investment method that enhances property value and improves profitability by renovating aging real estate according to market needs. Environmental impact reduction is also considered.
What are the specific renovation details for the 'Re-be Higashi-Mikuni' project?
Detailed design is yet to come, but renovations will be made to meet market needs, aiming for early lease agreements and maximized profitability. Creating a living environment that harmonizes mind and body is also a theme.
Why was a 30-year-old property chosen?
Aging properties offer significant potential for value enhancement through appropriate regeneration investment. Furthermore, it is environmentally friendly compared to scrap-and-build and effective from a circular economy perspective.
What kind of projects will Literam undertake in the future?
With the mission of urban and regional regeneration, Literam aims to form integrated projects from property acquisition to regeneration and asset value maximization, targeting a cumulative scale of 100 billion yen by FY2030.
What impact will this project have on the local community?
By regenerating aging buildings, it contributes to the revitalization of the cityscape and creates new value. It also contributes to the realization of a sustainable society.