estie Co., Ltd.
Real estate data analysis platform “estie pro” now enables English creation of competitive property lists created when making investment decisions in commercial real estate and when reporting income and expenditure of managed properties
estie Co., Ltd. (head office: Minato-ku, Tokyo, CEO: Akira Hirai, hereinafter “estie”), which promotes the digital shift in the commercial real estate industry, including offices, which are the heart of value creation by companies, is a Japanese company. In estie pro, one of the largest commercial real estate data analysis platforms, we have started supporting English creation of competitive property lists that are created when making investment decisions in commercial real estate or when reporting income and expenditure for managed properties.
With English support, overseas investors will be able to speedily make investment decisions and management decisions for properties in Japan. In addition, we will improve the efficiency of regular reporting by Japanese companies that are entrusted with management and operation by overseas investors.
As countries around the world, including Europe and the United States, continue to raise interest rates, the Japanese real estate market is attracting attention due to its low interest rate policy and depreciation of the yen. When making a commercial real estate investment decision, it is common to create a comparison list with competing properties. However, it is difficult to collect data on commercial real estate in Japan on the Internet, and there is no comprehensive database that anyone can access. Therefore, it is difficult for foreign investors to actively collect information by themselves. In the past, we had no choice but to consider reports from investee asset management companies and reports purchased from real estate brokerage companies that can speak English, and we had to make decisions based on limited information.
In addition, after the investment, the management and operation of the owned properties are often outsourced to companies in Japan, and the outsourced Japanese companies are required to regularly report in English. Due to the custom in Europe and the United States, where commercial real estate databases are well-established, the quality of data required is high, and the current situation is that a lot of man-hours are being spent on translating property information into English.
This time, by utilizing the English creation function of the competitive property list that “estie pro” has started to provide, overseas investors themselves can collect and analyze objective and exhaustive information and make speedy investment decisions on properties in Japan. and management decisions. It also contributes to streamlining the regular reporting operations of Japanese companies whose management and operations are outsourced by overseas investors. Since the list is output in Excel, even if the reporting format is different for each owner, it can be easily customized by adding or deleting information.
estie has released an English-language landing page in order to smoothly deliver “estie pro” to overseas customers. estie will continue to strive to prevent loss of investment opportunities due to language barriers and to further revitalize the commercial real estate market in Japan.
Service site (Japanese): https://www.estie.jp/products/research/ Service site (English): https://www.estie.jp/products/research?language=en About new features
In 3 steps, you can create a competitive property list in English. 1. Search by arbitrary conditions
2. Select properties and create a list
3. Create an English list in Excel
Those who want to utilize
・Foreign institutional investors
・Foreign real estate investment fund management company
・Domestic real estate private placement fund management company ・Property management company
“estie pro” service overview
“estie pro” is the industry’s largest data infrastructure service that provides all the information necessary for the office rental business. Intentions of real estate operators using comprehensive data including building information of 80,000 buildings/400,000 floors nationwide, recruitment information of 5,000,000 tsubo, rent information of 240,000 properties, and tenant company information of 450,000 major cities. Support decisions. Used by more than half of major developers. If you would like a demonstration of the service, please apply from https://www.estie.jp/products/research/trial/.
Overview of estie Inc.
estie’s purpose is to “further explore the true value of the industry”, and we provide products that solve the data distribution issues faced by the commercial real estate industry through a digital shift and smooth the industry’s transactions. Our main service, estie pro, a commercial real estate data analysis platform, collects unique information from more than 50 real estate developers, management companies, brokerage companies, etc. on a daily basis, and builds a data pipeline that automatically processes it. We provide all the information necessary for the leasing and office investment
businesses, and support the decision-making of real estate operators using data.
[Company name] estie Co., Ltd.
[Address] Hibiya Fort Tower, 1-1-1 Nishi-Shimbashi, Minato-ku, Tokyo [Representative] CEO Akira Hirai
[Established] December 2018
[Corporate site] https://www.estie.jp/
[Official Twitter] https://twitter.com/estie_corp
・ Office real estate data analysis platform “estie pro”
・ Rental office matching service “estie” https://www.estie.jp/products/finder/ ・Development of AI/machine learning algorithms and new businesses in the real estate field
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