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Formation of Japan's First 'Regenerative Architecture Fund' Incorporating Real Estate that Balances Environmental Contribution and Profitability

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AI Summary (NQ-processed)

Tokyu Fudosan and several partners have established Japan's first 'Regenerative Architecture Fund' to invest in properties that balance environmental contribution and profitability. The fund includes two properties, COERU Shibuya Dogenzaka and COERU Shibuya East, which have undergone regenerative architecture to extend their economic useful life to over 100 years and significantly reduce CO2 emissions and waste compared to new construction. This initiative aims to promote the circulation of high-value, renovated older buildings in the market and address social issues related to aging building stock.

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Frequently Asked Questions

Q: What is the name of the first regenerative architecture fund in Japan launched by Tokyu Fudosan?
A: The fund is called Japan's first 'Regenerative Architecture Fund' established by Tokyu Fudosan and partners.
Q: Which two properties are included in the Regenerative Architecture Fund as of the announcement?
A: The fund includes COERU Shibuya Dogenzaka and COERU Shibuya East properties.
Q: How many years has the economic useful life been extended for COERU Shibuya Dogenzaka through regenerative architecture?
A: The economic useful life of COERU Shibuya Dogenzaka has been extended to over 100 years.
Q: What environmental benefit does the Regenerative Architecture Fund offer compared to new construction?
A: The fund significantly reduces CO2 emissions and waste compared to new construction projects.
Q: What is the primary goal of Tokyu Fudosan's initiative with the Regenerative Architecture Fund?
A: The goal is to promote circulation of high-value, renovated older buildings and address aging building stock issues.