Okumura Corporation (Location: Abeno-ku, Osaka; President and Representative Director: Takanori Okumura) and Mitsubishi Corporation Urban Development, Inc. (Location: Chiyoda-ku, Tokyo; President & CEO: Kenji Morita) announce that the companies have concluded a business alliance to develop a retail and logistics facility at a site held by Okumura Corporation in Hirano-ku in the city of Osaka.

Located in a high-population area, the planned site is located 2 minutes on foot from Hirano Station on the JR Kansai Main Line and offers convenient access to two thoroughfares, the Hanshin Expressway and the Kinki Expressway. Okumura Corporation and Mitsubishi Corporation Urban Development, Inc. will develop retail and logistics facilities that take advantage of the features of the project site.

Since its establishment in 1907, Okumura Corporation has committed itself to the mission of contributing to society through business under the corporate mottos "steadfast management" and "sincere operation." While continually accumulating technical expertise and adapting to change, the company will steadily move forward as a comprehensive infrastructure company with a mix of civil engineering, architectural construction, and investment development businesses, going beyond the boundaries of a construction company to realize comfortable, safe and secure lives for people and a sustainable society.

Okumura Corporation 2-2-2 Matsuzaki-cho, Abeno-ku, Osaka-shi, Osaka-fu

President and Representative Director: Takanori Okumura https://www.okumuragumi.co.jp/

With "To nurture the future of urban spaces through our power to imagine and realize change" as its Purpose, Mitsubishi Corporation Urban Development, Inc. engages in real estate and urban development unbound by convention, primarily in the industrial, retail, and entertainment domains.
In the industrial domain, the company works in the area of logistics warehouses as well as the development of automated and other refrigerated and cold storage . It also develops shared manufacturing/R&D facilities under the innoba brand. In the retail and entertainment domains, the company engages in the development of urban retail facilities and neighborhood shopping centers (NSCs), as well as arena development and event projects at Yokohama Red Brick Warehouses. The company also undertakes large-scale urban development centered on arenas and other features.
Fully leveraging the comprehensive strengths of the Mitsubishi Corporation Group, which interfaces with a vast range of industries and customers in Japan and overseas, Mitsubishi Corporation Urban Development will continue to open up the potential of cities together with customers and partners.

Mitsubishi Corporation Urban Development, Inc. 7th floor, TOHO Hibiya Promenade Building, 1-5-2 Yurakucho, Chiyoda-ku, TokyoPresident & CEO: Kenji Morita https://www.mcud.co.jp