"The Challenge of Urban Development Across the World"
Our global business started in 2009 and now operates in the UK, US, Australia, and Southeast Asia.
The asset value exceeds 100 billion yen, we are steadily expanding our portfolio.
In addition to the property development and value-add,
we are actively participating in urban development projects and accumulating expertise as a developer.
We will create even greater add value by combining synergistic effect of group companies.
Business Performance
Achievements in each region can be viewed by clicking the name of the region or the city on the map.
United Kingdom
We have expanded our global business beginning from the acquisition of our first overseas office building in London, U.K. in November, 2009.
1 King William Street and 20 Finsbury Circus, located in the historical area in the City of London, have undergone large scale renovation utilizing the rich development experience we have accumulated in Japan. These office building were refurbished with the state-of-the-art equipment, creating new value while preserving the historical nature of the building. We will continue to build up an optimum portfolio through acquisitions of revenue producing assets and by maximizing the value of our properties.
Accomplishments
London

1 King William Street
- Location
-
1 King William Street, London EC4, U.K.
- Building type
- Office
- Rentable Floor
- Approx. 100,000 sqf (approx. 9,300 m2)
- Building scale
- 8 stories/1 basement
- Completion
- 1920s
- Renovation
- November 2016
- Acquisition
- June 2011
- Environmental
Certificate - BREEAM Excellent
EPC-B

20 Finsbury Circus
- Location
-
20 Finsbury Circus, London EC2, U.K.
- Building type
- Office and retail
- Rentable Floor
- 83489 sqf (approx. 7756 m2)
- Building scale
- 7 stories/1 basement
- Completion
- 1900s
- Renovation
- November 2022
- Acquisition
- September 2012
- Environmental
Certificate - BREEAM Excellent
EPC-B

130 Wood Street
- Location
-
130 Wood Street, EC2, London
- Building type
- Office and retail
- Rentable Floor
- Approx. 65,000 sqf (approx. 6,000m2)
- Building scale
- 7 stories/1 basement
- Completion
- 1981
- Renovation
- 2006
- Acquisition
- April 2020
- Environmental Certificate
- EPC-C

The Rex
- Location
-
183Clarence Street, Kingston upon Thames, London
- Building type
- Residential and retail
- Rentable Floor
- 84,219sqf(approx. 7,824m2)
- Building scale
- 9 stories/1 basement
- Completion
- Planned 2026
- Acquisition
- May 2023
- Certificate
- WiredScore Platinum
BREEAM Outstanding (planned)
Fitwel 3 (planned)
EPC-B(planned)
- Local affiliate
- NTT UD EUROPE LIMITED
- Location
- 1st Floor, 1 King William Street, London, EC4N 7AR

United States of America
Since establishing NTT UD USA Inc. as a wholly-owned subsidiary in the United States of America in October, 2013, we have steadily expanded the scale of our operations and currently owns a total of 14 properties in New York, Boston, Washington, Dallas and Florida.
In recent years, we have been actively investing in multifamily projects such as Neponset Landing (acquired in December 2021), and 310 Beaumont Avenue (acquired in March 2023), and as well as in mixed-use development projects such as 120 5th Avenue (acquired in April 2020), in an effort to diversify our portfolio.
Accomplishments
New York City

799 Broadway
- Location
-
799 Broadway, New York, NY
- Building type
- Office and retail
- Rentable Floor
- Approx. 182,000 sqf (approx. 17,000 m2)
- Building scale
- 12 stories/1 basement
- Completion
- January 2022
- Acquisition
- August 2016
- Environmental
Certificate - Fit well 2 Star
LEED Gold(BD+C: C&S)

575 Lexington Avenue
- Location
-
575 Lexington Avenue, New York, NY
- Building type
- Office and retail
- Rentable Floor
- Approx. 745,000 sqf (approx. 69,200 m2)
- Building scale
- 35 stories/2 basement
- Completion
- 1958
- Renovation
- 1990 / 2008 / 2014
- Acquisition
- August 2015

175 Pearl Street
- Location
-
175 Pearl Street, Brooklyn, NY
- Building type
- Office and retail
- Rentable Floor
- Approx. 204,000 sqf (approx. 18,900 m2)
- Building scale
- 8 stories/1 basement
- Renovation
- 2019
- Acquisition
- March 2017

120 5th Avenue
- Location
-
120 5th Avenue, Brooklyn, NY
- Building type
- Multifamily and retail
- Rentable Floor
- Approx. 307,000 sqf (approx. 28,500 m2)
- Building scale
- 6 stories/1 basement
- Completion
- Planned 2024
- Acquisition
- April 2020
Boston

185 Dartmouth Street
- Location
-
185 Dartmouth Street, Boston, MA
- Building type
- Office and retail
- Rentable Floor
- Approx. 164,000 sqf (approx. 15,200 m2)
- Building scale
- 11 stories/2 basement
- Acquisition
- May 2017

Two Oliver Street
- Location
-
2 Oliver Street, Boston, MA
- Building type
- Office and retail
- Rentable Floor
- Approx. 225,000 sqf (approx. 20,900 m2)
- Building scale
- 11 stories/1 basement
- Completion
- 1903
- Renovation
- 1980 / 2014
- Acquisition
- July 2015

10 Post Office Square
- Location
-
10 Post Office Square, Boston, MA
- Building type
- Office and retail
- Rentable Floor
- Approx. 456,000 sqf (approx. 42,000 m2)
- Building scale
- 14 stories/2 basement
- Acquisition
- May 2019
- Certification
- Energy Star (2021)

Neponset Landing
- Location
-
2 Hancock Street, Quincy, MA
- Building type
- Multifamily
- Rentable Floor
- Approx. 260,000 sqf (approx. 25,000 m2)
- Building scale
- 12 stories
- Completion
- 2007
- Acquisition
- December 2021
- Certification
- LEED® Gold (O+M)

141 Tremont Street
- Location
-
141 Tremont Street, Boston, MA
- Building type
- Office
- Rentable Floor
- Approx. 68,000 sqf (approx. 6,300 m2)
- Building scale
- 13 stories
- Completion
- 1972
- Acquisition
- January 2015

27 School Street
- Location
-
27 School Street, Boston, MA
- Building type
- Office and retail
- Rentable Floor
- Approx. 62,000 sqf (approx. 5,800 m2)
- Building scale
- 6 stories/1 basement
- Completion
- 1903
- Renovation
- 1980
- Acquisition
- January 2015

Riverside Development
- Location
-
Newton, MA
- Building type
- Multifamily, Lab, Retail
- Rentable Floor
- Approx. 1,000,000 sqf (approx. 93,000 m2)
(Details are under drawing)
Washington, D.C.

1015 18th Street
- Location
-
1015 18th Street NW, Washington, D.C.
- Building type
- Office and retail
- Rentable Floor
- Approx. 109,000 sqf (approx. 10,100 m2)
- Building scale
- 11 stories/3 basement
- Completion
- 1970
- Renovation
- 2018
- Acquisition
- December 2015
Dallas

Novel Turtle Creek
- Location
-
4223 Irving Avenue Dallas, TX
- Building type
- Multifamily
- Rentable Floor
- Approx. 263,000 sqf (approx. 24,400 m2)
- Building scale
- 20 stories
- Completion
- Planned 2022
- Acquisition
- March 2020
Florida

310 Beaumont Avenue
- Location
-
310 Beaumont Ave,Kissimme, FL 34741
- Building type
- Multifamily
- Rentable Floor
- Approx. 288,400 sqf (approx. 27,000 m2)
- Building scale
- 4 stories
- Completion
- Planned 2025
- Acquisition
- March 2023
- Local affiliate
- NTT UD USA Inc.
- Location
- 200 Park Avenue South, Suite 1411, New York, NY 10003






Australia
We established UD AUSTRALIA PTY LIMITED in Melbourne, Australia in September, 2011 and participated in housing development business in Melbourne.
In the housing development business, we have completed the sale of 1,432 lots through two projects and currently six projects are under development and sales such as the "Officer Central project".
In the office business, we are holding four properties across Australia, one property in Canberra and Brisbane respectively and two properties in Melbourne which includes ongoing wooden office development project.
We will continue to build up an optimum portfolio through acquisitions of assets and maximizing the value of our properties.
Accomplishments
Melbourne

River Valley Project
- Location
-
River Valley Boulevard, Sunshine North, Victoria, Australia
- Total area
- Approx. 49.8 hectare (approx. 498,000 m2)
- Total sales lots
- 274 (plans.)

Officer Central Project
- Location
-
Rix Road, Officer, Victoria, Australia
- Total area
- Approx. 26.8 hectare (approx. 268,000 m2)
- Total sales lots
- 490 (plans.)

915 Donnybrook Road Project
- Location
-
915 Donnybrook Road, Donnybrook, Victoria, Australia
- Site area
- Approx. 76.7 hectare (approx. 767,000 m2)
- Total number of lots
- 1,061 (plans.)

1056 Taylors Road Project
- Location
-
1056-1150 Taylors Road, Fraser Rise, Victoria, Australia
- Site area
- Approx. 93.1 hectare (approx. 931,000m2)
- Total number of lots
- 1,376 (plans.)

250 Wedge Road Project
- Location
-
250 Wedge Road, Skye,Victoria,Australia
- Site area
- Approx. 15.45 hectare (approx. 154,500m2)
- Total number of lots
- 274 (plans.)

1180 Plenty Road Project
- Location
-
1215, 1180 & 1175 Plenty Road, South Morang,Victoria,Australia
- Site area
- Approx. 12.1 hectare (approx. 121,000 m2)
- Total number of lots
- 277 (plans.)

The Boulevard-Kilora Park Project
- Location
-
335 Grices Road ,Clyde North,Victoria, Australia
- Site area
- Approx. 40.57 hectare (approx. 405,700 m2)
- Total number of lots
- 349 (sold.)

Annadale Project
- Location
-
495 Donnybrook Road, Mickleham, Victoria, Australia
- Site area
- Approx. 26.8 hectare (approx. 268,000m2)
- Total number of lots
- 1083 (sold.)

200 Victoria Street
- Location
-
200 Victoria Street, Carlton, Victoria, Australia
- Building Type
- Office and retail
- Rentable Floor
- 7,912m2
- Building Scale
- 7 Stories
- Completion
- 1971
- Renovation
- 2009
- Acquisition
- April, 2020
- Environmental
Certificate - NABERS Energy 5.5 Star
Green star 6.0 Star

36 Wellington Street
- Location
-
36 Wellington street, Collingwood, Victoria, Australia
- Building Type
- Office and retail
- Rentable Floor
- Approx. 18,300m2
- Building Scale
- 15 stories / 2 basement
- Completion
- 2023
Brisbane

53 Albert Street
- Location
-
53 Albert Street, Brisbane, Queensland, Australia
- Building Type
- Office and retail
- Rentable Floor
- 19,059 m2
- Building Scale
- 24 stories
- Completion
- 2009
- Acquisition
- November,2022
Canberra

121 Marcus Clarke Street
- Location
-
121 Marcus Clarke Street , Canberra ACT, Australia
- Building Type
- Office and retail
- Rentable Floor
- Approx. 276,500 sqf (approx. 25,600 m2)
- Building Scale
- 12 Stories/2 Basement
- Completion
- 2010
- Acquisition
- April, 2019
- Environmental
Certificate - NABERS Energy 5.5 Star
- Local affiliate
- NTT UD AUSTRALIA PTY LIMITED
- Location
- Level 1, 99 Coventry Street, Southbank, Victoria, 3006

Southeast Asia
We established NTT UD Asia Private Limited in Singapore in December 2019. In the next year, we participated in our first condominium development project in Southeast Asia, located in Binh Duong province in Vietnam.
We will continue to expand our portfolio through acquisition of residential project opportunities, in Vietnam and other Southeast Asia markets where significant economic growth is expected.
Accomplishments

MIDORI PARK The GLORY
- Location
-
Lot H9, Binh Duong New City, Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province, Vietnam
- Total building area
- Approx. 130,000m2
- Acquisition
- July, 2020
- Total units
- 992 units

Business History
November 2009 | Established UD EUROPE LIMITED (United Kingdom) |
---|---|
November 2009 | Acquired 103 Mount Street (London, U.K.). Sold in 2012 |
June 2011 | Acquired 1 King William Street (London, U.K.) |
September 2011 | Established UD AUSTRALIA PTY LIMITED (Australia) |
December 2011 | Participated in the -THE BOULEVARD -KILORA PARK- residential lot sales business (Melbourne, Australia) |
September 2012 | Acquired 20 Finsbury Circus (London, U.K.) |
April 2013 | Acquired 265 Strand (London, U.K.). Sold in 2018 |
April 2013 | Established a representative office in Singapore * Abolished on April, 2015 |
October 2013 | Established UD USA Inc. (United States of America) |
December 2013 | Participated in 125 West 25th Street redevelopment project (New York, New York). Sold in 2016 |
January 2015 | Acquired 27 School Street、141 Tremont Street (Boston, Massachusetts) |
April 2015 | Established Singapore branch * Abolished on March, 2020 |
Jury 2015 | Acquired Two Oliver Street (Boston, Massachusetts) |
August 2015 | Acquired 575 Lexington Avenue (New York, New York) |
September 2015 | Participated in the Annadale Project, a residential land sales business |
December 2015 | Acquired 1015 18th Street (Washington, D.C.) |
August 2016 | Acquired 799 Broadway (New York, New York) |
March 2017 | Acquired 175 Pearl Street (Brooklyn, New York) |
May 2017 | Acquired 185 Dartmouth Street (Boston, Massachusetts) |
October 2018 | Participated in the River Valley Project, a residential land sales business (Melbourne, Australia) |
March 2019 | Acquired 121 Marcus Clarke Street (Canberra, Australia) |
May 2019 | Acquired 10 Post Office Square (Boston, Massachusetts) |
December 2019 | Established NTT UD Asia Private Limited |
March 2020 | Acquired Novel Turtle Creek (Dallas, Texas) |
March 2020 | Participated in the Officer Central Project, a residential land sales business (Melbourne, Australia) |
March 2020 | Acquired 130 Wood Street (London, U.K.) |
April 2020 | Acquired 120 5th Avenue (Brooklyn, New York) |
April 2020 | Acquired 200 Victoria Street (Melbourne, Australia) |
July 2020 | Participated MIDORI PARK The GLORY Project (Binh Duong Province, Vietnam) |
June 2021 | Participated in the 36 Wellington development project (Melbourne, Australia) |
September 2021 | Participated in the Donnybrook Project, a residential land sales business (Melbourne, Australia) |
October 2021 | Participated in the Taylors Road Project, a residential land sales business (Melbourne, Australia) |
November 2022 | Acquired 53 Albert Street(Brisbane,Australia) |
March 2023 | Participated in the 1180 Plenty Road Project, a residential land sales business (Melbourne, Australia) |
March 2023 | Participated in 310 Beaumont Avenue Project, a residential development project (Kissimmee, Florida ) |
May 2023 | Participated in The Rex Project, a residential development project (London, U.K.) |
News Releases/Topics
-
August 23, 2023
- Topics
IoT-Based Smart Home Pilot in the United States
-
June 5, 2023
- News Releases
NTT Urban Development Corporation Participates in a New Multifamily Development Project in Kissimmee, Florida, U.S.A.
-
May 23, 2023
- News Releases
Participation in a Residential Development Project with Major Renovation in London