MITSUBISHI ESTATE Annual Report 2014

Paternoster SquareSt Paul’s CathedralWarwickCourtLondon Stock ExchangeReputation Creates Valuable Personal Networks It is not excessive to say that the reputation Mitsubishi Estate has earned in the market is the most influential factor on our business development in London. This is because the driving forces in the market are the net-works of professionals active in various specialty fields. If a company have a good reputation, skilled business partners from different specialty fields naturally gravi-tate to its projects, and business opportunities expand as the networks bring information about quality properties coming on the market. At March 31, 2014, Mitsubishi Estate owned seven properties in London. These properties generate a stable income, allowing us to plan our vision for future redevelop-ment projects. In keeping with our goal of strengthening the International Business under our medium-term management strategies, we intend to continue to expand the portfolio. Major International Business Projects from 2013 Onward2013 Jan.Purchase of 1 Victoria Street, an office building in London, U.K.Apr.Establishment of a local subsidiary in Shanghai, ChinaDec.Purchase of Clive House, an office building in London, U.K.Dec.‌Announcement of the Company’s first participation in a complex development in Taiwan2014 Mar.Purchase of 28 State Street, an office building in Boston, U.S.A.Dec.‌Scheduled completion of CapitaGreen, an office building in Singapore presence thanks to its performanceLONDON, U.K.Paternoster SquareANNUAL REPORT 201433Clive House