Marks Life Awarded Contract for Research on Vacant Properties in Iwata City

Marks Life Inc., headquartered in Chuo, Tokyo, under the leadership of CEO Koji Hanahara, has announced its recent acceptance of the contract for the research on the potential utilization of vacant properties in Iwata City. Embracing the corporate philosophy of "For the world. For the people," the company has taken steps to explore the opportunities within real estate, focusing on the revival of numerous vacant houses.

Background: The Reality of Vacant Homes in Shizuoka

The rise of vacant homes has emerged as a national issue, with Shizuoka preferring an alarming vacant house rate of 16.7% as of 2023. This statistic places it as the sixteenth highest nationwide, with approximately 296,000 vacant homes reported. These trends have surfaced as concerns for the community, especially in Iwata City, which is witnessing increased abandonment of properties due to aging demographics and a declining population. Issues related to disaster prevention, crime prevention, visual aesthetics, and asset preservation further complicate the situation, creating an urgent need for effective solutions. Marks Life aims to leverage its professional expertise and flexible support system to take concrete steps toward addressing these challenges, thus the proposal for the Iwata City project.

Overview of the Project: Investigating and Proposing Utilization for Vacant Homes

The project involves gathering data about vacant homes from local community organizations and conducting on-site surveys to analyze the property conditions, locations, and market viability comprehensively. For homeowners interested in utilizing their property, Marks Life will provide tailored suggestions on possible options including sale, rental, renovation, property management, or demolition. Furthermore, collaboration with legal professionals and local real estate companies will allow the agency to tackle complex issues related to inheritance and property rights, creating a comprehensive support system for previously neglected properties.

Strengths of Marks Life: Transforming "Negative Assets" into "Positive Assets"

Marks Life specializes in revitalizing so-called "negative assets", such as properties with prior incidents, those that cannot be rebuilt, junk houses, and abandoned inherited properties. By enhancing these properties through renovations, the company adds value and facilitates their circulation in the market. One of our strongest assets is the ability to provide a comprehensive one-stop service encompassing sales, rentals, renovations, management, and demolition. This project will benefit from our extensive field experience, expert networks, and a client-centered approach, enabling a flexible and pragmatic response to Iwata City's vacant property issues.

Future Outlook: Building Sustainable Local Solutions

Through this project, we will determine the market potential and utilization opportunities for the vacant houses, working towards establishing these properties as "community resources" for future use. Based on our appraisals, we aim to introduce regeneration models, engage in community awareness-raising activities, and provide sustainable matching support with Iwata City. Together, we hope to build a foundation that allows more residents to live securely and comfortably in the community.

Marks Life Inc. remains committed to its guiding philosophy, aiming to face customer challenges head-on and explore feasible solutions even for those considered to be industry pitfalls. Our aspiration is to contribute to a society where more individuals can live their lives with peace of mind and optimism.