Kukurebu Advisors Launches Master Lease Initiative for Effective Land Utilization

Kukurebu Advisors Initiates a Groundbreaking Master Lease Project

Kukurebu Advisors Co., Ltd., a company recognized as a "corporate value creation solution company," has taken an innovative step by initiating a master lease program designed to support effective land utilization by businesses. Headquartered in Tokyo's Chiyoda ward and led by President Yoshihiro Miyadera, Kukurebu aims to harness the potential of corporate real estate (CRE) to enhance overall business efficacy.

The pressing concern for many companies today revolves around the effective use of their owned real estate assets. Surprisingly, about 40% of firms that have disclosed mid-term management plans have touched on the need to improve capital efficiency in their strategies. To meet these demands, Kukurebu, with its custom-developed real estate tech system "CCReB CREMa," has already been actively facilitating the matching of unused lands with potential tenants.

One of the major challenges companies face in realizing land utilization has been the uncertainty surrounding whether newly constructed buildings would attract tenants or whether long-term leasing contracts could actually be established. Utilizing the extensive demand data stored within its matching system, Kukurebu can now propose development suggestions grounded in actual market needs. This initiative significantly reduces the risk for businesses by allowing Kukurebu to handle all new property developments through a master lease contract, ensuring more effective CRE support.

As part of its inaugural case, Kukurebu plans to focus on developing "hazardous material warehouses" on underutilized company properties located in metropolitan areas, the Tokai region, and the Kinki area. By securing these warehouses through a master lease agreement, Kukurebu will accelerate the capital efficiency improvement strategies for its corporate partners.

The Demand for Hazardous Material Warehouses

In recent years, the demand for hazardous material storage has skyrocketed not just due to semiconductor and electric vehicle manufacturing, but also thanks to the growing e-commerce sector leading to increases in the sale of cosmetics and other regulated products (like alcohol-based perfumes and aerosol cans). Heightened awareness of compliance issues has further spurred the need for secure storage solutions.

It's noteworthy that many hazardous material warehouses are typically owned by companies themselves, leading to a continuous shortage of available rental hazardous material storage facilities. As such, Kukurebu's initiative aims to bridge this gap.

Future Outlook

Kukurebu plans to amplify its proposals for the effective utilization of hazardous material warehouses in the coming years. The company is preparing to launch a subscription service allowing users to select flexible storage durations. This new service will incorporate Kukurebu's tech systems that offer timely data on available storage spaces and their associated costs.

Moreover, in response to diverse corporate needs regarding the use of underutilized land, Kukurebu will expand its matching system to include proposals for various types of tenant requirements beyond just hazardous material warehouses.

Overview of the New Business

- Business Nature: Master lease initiative for effective land utilization / Development of subscription management systems
- Launch Date: Scheduled for September 1, 2025 (first project completion expected by late 2027)