RETAIL FACILITY BUSINESS / OUTLET MALL BUSINESS

Overview

The retail facility and outlet mall businesses promote the development of various types of retail facilities tailored to the characteristics of locations across Japan. The Mitsubishi Estate Group operates these businesses using a comprehensive system whereby it remains continuously involved from facility planning, development, and tenant leasing through to operation after opening. These businesses are operated through three business formats: urban mixed-use facilities, stand-alone shopping centers, and PREMIUM OUTLETS®.

  • PAGE TOP

Competitive Advantages

  • The top customer-drawing power in Japan of PREMIUM OUTLETS®.
  • Information networks and tenant relationships built through wide-ranging Group businesses, including developments in the Marunouchi area.
  • Extensive development and management know-how gained through a portfolio consisting of three different business formats, business coverage in Japan stretching beyond Tokyo, all the way from Hokkaido to Kyushu, and an extensive tenant network.
  • PAGE TOP

Business Strategies

  • With urban mixed-use facilities, we are aiming to deliver wide-ranging eating and drinking options and shops as well as various service providers to offer better amenities and convenience for office workers while also drawing in people for shopping and tourism.
  • Regarding stand-alone shopping centers, we are developing distinctive facilities tailored to diverse demand based on detailed analyses of the location, local demand characteristics, tourism potential, and discussions with tenants.
  • With outlet malls, we will continue to expand and refurbish existing facilities and develop new ones to offer visitors unique spaces and meet their needs for a fun, one-of-a-kind experience.

Image: Business Strategies

  • PAGE TOP

Progress on the Long-Term Management Plan 2030

Major Expansion of Two PREMIUM OUTLETS® (Gotemba Phase 4 and Rinku Phase 5) to Make Them the Largest Outlet Malls in Japan

GOTEMBA PREMIUM OUTLETS®, the first of our PREMIUM OUTLETS®, evolved into the largest shopping resort in Japan* among outlet malls through the opening of a new area in July 2020 and the renovation of existing areas.
Meanwhile, RINKU PREMIUM OUTLETS® became the largest outlet center in western Japan* following the opening of a new area in August 2020 that offers views of Osaka Bay. We will continue to pursue the creation of shopping resorts that earn customers’ support while aiming to operate facilities that contribute to regional development.

* In terms of store floor area (Mitsubishi Estate data)

Picture: GOTEMBA PREMIUM OUTLETS® RINKU PREMIUM OUTLETS®

CORPORATE INFORMATION

  • A MESSAGE FROM THE MANAGEMENT
  • ABOUT MITSUBISHI ESTATE
  • PROFILE OF MITSUBISHI ESTATE
  • CORPORATE BRAND
  • SAFETY AND SECURITY
  • CORPORATE GOVERNANCE
  • GROUP COMPANIES