#Japan #Real Estate #Shinagawa #List Development #Cosmo Lead

List Development's Recent Property Acquisition: Cosmo Lead Omori

List Development, a subsidiary of the prominent real estate company List Corporation, has made a strategic move by acquiring the rental apartment complex known as Cosmo Lead Omori. Located in Shinagawa, Tokyo, the property was officially obtained on June 30, 2025, enhancing the company's portfolio in a highly competitive market.

Property Highlights

Cosmo Lead Omori is situated conveniently within an 8-minute walk from JR Keihin Tohoku Line's Omori Station and a 9-minute walk from the Keikyu Line's Omori Kaigan Station. This prime location offers exceptional connectivity to various key stations, including Shinagawa, Shimbashi, Tokyo, and Ueno, making it incredibly convenient for commuting. Additionally, Omori Kaigan Station provides easy access to Haneda Airport, reducing travel time to approximately 30 minutes, an attractive feature for international travelers and residents alike.

The complex offers a range of apartment layouts from 1K to 2SDK, with sizes ranging from around 20 square meters to 50 square meters. This diverse configuration is suitable for singles as well as dual-income-no-kids (DINKS) households, addressing a wide range of housing needs in the area.

Strategic Decision Behind the Acquisition

The decision to acquire Cosmo Lead Omori was driven by the ongoing redevelopment efforts in the Shinagawa area, particularly around Shinagawa Station and Takanawa Gateway Station. These developments are expected to increase rental demand, making this an opportune investment. List Development recognizes the potential for improved profitability through targeted renovation work to meet the evolving needs of tenants in the area.

Property Specifications

• - Accessibility: 8-minute walk from Omori Station (JR Keihin Tohoku Line), 9-minute walk from Omori Kaigan Station (Keikyu Line)
• - Construction Date: March 1993 (32 years old)
• - Structure: 10-story steel-reinforced concrete building
• - Land Area: 480.69 square meters (approximately 145.40 tsubo)
• - Floor Area: 1,600.48 square meters (approximately 484.14 tsubo)
• - Total Units: 27 apartments and 1 commercial unit

Planned Renovations

List Development has ambitious plans for the property, aiming to conduct full renovations of the vacant units. These updates are intended to modernize the apartments and enhance their appeal to potential tenants.

Commitment to Community Development

LD is committed to contributing to community revitalization through its various projects, including condominium sales, development initiatives, and real estate solutions that aim to maximize property value.

Company Information

List Development Corporation

• - Location: 4-47 Onoe-cho, Naka-ku, Yokohama, Kanagawa
• - President: Hiroyuki Kiuchi
• - Established: May 10, 1991
• - Business Overview: Planning, development, and sales of condominiums, single-family homes, office buildings, and retail units, alongside asset management consulting and property management operations.
• - Website: List Development

List Corporation

• - Location: 4-47 Onoe-cho, Naka-ku, Yokohama, Kanagawa
• - President: Hisashi Kitami
• - Founded: May 10, 1991
• - Established: May 20, 2016
• - Consolidated Revenue: 56.2 billion yen (Fiscal Year ending December 2024)
• - Business Overview: holding company managing group operations with a focus on real estate development and asset management.
• - Website: List Corporation

Founded in 1991, List Corporation has established itself as a key player in the real estate market, offering a range of services from residential development to asset management. The company transitioned to a holding company model in 2016, streamlining operations under the List Group umbrella. The organization has continually expanded its reach, including securing exclusive rights to operate the “Sotheby’s International Realty®” brand in Japan, marking a substantial milestone in its growth trajectory.

Through these initiatives, List Group is dedicated to providing clients with valuable real estate opportunities and fostering local economic development.