#Japan #Yokohama #BLOCKS YAMASHITA PARK #PRO-FITS #UENO GROUP

A New Era of Co-working: BLOCKS YAMASHITA PARK

In the heart of Yokohama’s Yamashita area, a groundbreaking project is set to reshape the way we think about office spaces. The venture, known as BLOCKS YAMASHITA PARK, is a collaboration between Ueno Group Holdings and the asset management company Profits. Scheduled to open its doors on February 17, 2026, this new co-working space aims to provide not just offices but a flexible and innovative environment catered to evolving work styles and business needs.

Innovative Property Management

Unlike traditional rental models, BLOCKS YAMASHITA PARK seeks to redefine the purpose of office space. Ueno Group, which has owned the property for many years, is shifting its perspective from mere leasing to transforming the building into a dynamic business venture. This shift comes in response to an increased demand for diverse, smaller offices and the necessity for spaces that can be occupied immediately. The conventional one-size-fits-all approach to real estate is no longer adequate in tapping into the full potential of properties.

Value-Creating Project Management by Profits

Profits is taking the lead on project management, which goes beyond standard oversight and interior design assistance. Right from the planning stages, the team emphasizes clarity regarding who the target audience is, what value they aim to provide, and how they will do it. By integrating space, functionality, and operational strategies, Profits is crafting a business model that sees real estate as an active venture rather than passive income.

About BLOCKS YAMASHITA PARK

BLOCKS YAMASHITA PARK features 92 individual offices that can accommodate anywhere from one to 15 people, making it suitable for a wide range of business sizes. Additionally, the shared areas include lounges, meeting rooms, a rooftop terrace, and web booths, all designed to facilitate a seamless balance between productivity and relaxation. This is not just a workspace; it is a business ecosystem aimed at fostering growth.

The operation will be managed by Blocks Plus, a subsidiary of Profits, which will leverage its experience from the BLOCKS OFFICE series to create an efficient management framework.

Looking Ahead

Moving forward, both Ueno Group and Profits intend to explore the potential of redefining property assets through this project. Their goal is to transition the perception of real estate from merely being an asset to a source of continuous value for society and urban development. By focusing on sustainable practices and being sensitive to market demands, they aspire to foster ongoing initiatives that enhance the value of existing properties.

Property Details

• - Location: 46 Yamashita-cho, Naka-ku, Yokohama, Kanagawa, 231-0023
• - Access: 3-minute walk from Nippon-Odori Station on the Minato Mirai Line
• - Number of Rooms: 92 rooms (suitable for 1-15 people)
• - Available Hours: 24/7

Key Amenities

• - Individual offices (furnished)
• - Rooftop terrace
• - Lounge space
• - Web booths
• - Meeting rooms
• - Corporate registration allowed
• - High-speed Wi-Fi
• - Copying and printing facilities

Website and Contact Information

For more details, visit BLOCKS YAMASHITA PARK (launching on February 16, 2026). For inquiries, please email: [email protected]

About Ueno Group

With a significant presence in oil, chemicals transportation, and renewable energy sectors, Ueno Group comprises 37 companies committed to advancing industrial infrastructure and societal well-being. Since its establishment in 1869, Ueno Group has accumulated over 150 years of expertise, positively impacting the community through diverse contributions.

For more about Ueno Group, visit Ueno Group Holdings.

About Blocks Plus

Blocks Plus is designed to foster new value creation among investors, operators, and users by combining Profits' strategic planning capabilities with extensive experience in shared office management. The company aims to innovate branding and develop competitive services in line with evolving market conditions.

For more about Blocks Plus, see: Blocks Plus

About Profits

Based in Tokyo, Profits focuses on generating unique investment opportunities in various asset types, including office space and residential properties. Additionally, they provide advisory services aimed at entities and individuals outside the mainstream real estate sector. With innovative investments focused on social impact, Profits manages assets totaling approximately ¥141 billion.

For further inquiries, contact Profits PR at: [email protected].