#Japan #Kobe #Renotta #Rental Renovation #Live Design

Live Design Teams Up with Renotta

Overview
In a strategic move, Live Design Co., Ltd. has announced its membership with Renotta, Japan's national rental renovation brand. This partnership allows Live Design to offer comprehensive renovation services, especially focusing on the Hyogo Prefecture market. Renotta, managed by Classco Consulting Firm, has gained a reputation for resolving issues landlords face, particularly in boosting property values through innovative design and expert strategies.

Background of Live Design’s Engagement with Renotta
Live Design, headquartered in Kobe, aims to upscale its capabilities in rental property management. By joining Renotta, the company will utilize advanced renovation design knowledge and effective marketing strategies provided by the Renotta network. This collaboration is expected to enhance landlord asset values, particularly at a time when Japan is experiencing an increasing vacancy rate driven by population decline in various regions.

Live Design's Expansion Plan
Operating seven brokerage stores across Kobe, Osaka (Esaka), Amagasaki, and Himeji, Live Design currently manages approximately 4,000 rental units. The management company recognizes a significant opportunity within the rental market and believes the addition of the Renotta system will positively contribute to both their growth and the profitability of their property owners. The goal is to not only assimilate Renotta's know-how but also ensure substantial returns for their clients.

About Renotta
Renotta was initiated in June 2012 by Classco, which is based in Kanazawa, Ishikawa Prefecture. The brand serves as a response to the ongoing challenge of Japan's soaring vacant housing rate, currently estimated at 13.6%. Renotta's approach focuses on leveraging existing properties’ value and providing landlords with a suite of renovation services designed to minimize vacancy periods and maximize rental income. Over 700 Renotta locations make up the network, ensuring landlords have access to cutting-edge rental management insights. Renotta claims impressive figures: an average rent increase of 33.3%, a turnaround period of just 25 days post-renovation, and a repeat client rate of 72.3%.



Rental Market Challenges
In recent years, the rental market has faced several challenges, including an aging housing stock, increasing vacancy risks, and the diversification of tenant needs. To counter these issues, Renotta has introduced a qualification system called “Rent Improvement Specialist” within its network. This initiative is designed to equip real estate owners with the knowledge needed to enhance property value and optimize rent profitability, bolstering the case for long-term investment.

Company Information: Live Design

• - Company Name: Live Design Co., Ltd.
• - Headquarters: 2-2-7 Ikuta Town, Chuo Ward, Kobe, Hyogo, 651-0092
• - President: Susumu Fujita
• - Website: Live Design

For further information about Renotta's rental services, landlords can explore the following links:

• - Renotta Room Search
• - For Rental Owners
• - For Real Estate Companies