Literam Awarded First Regeneration Investment Project Management Contract
Key facts
- Literam Awarded First Regeneration Investment Project Management Contract
- 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.
- Source: PR Times
- Date: June 11, 2026
Direct answer
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.
- 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 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.
📋 Article Processing Timeline
- 📰 Published: June 11, 2026 at 11:00
- 🔍 Collected: June 11, 2026 at 11:26 (26 min after Published)
- 🤖 AI Analyzed: June 12, 2026 at 16:51 (29h 25m after Collected)
■ 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
FAQ
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.
What are Literam's future goals?
To facilitate projects totaling 100 billion yen by fiscal year 2030.