TRUSTART Co., Ltd. (Headquarters: Chuo-ku, Tokyo; Representative Director: Yojiro Oe; hereinafter "TRUSTART") and Nowcast Inc. (Headquarters: Chiyoda-ku, Tokyo; Representative Director CEO: Hitoshi Tsujinaka; hereinafter "Nowcast"), a company providing financial infrastructure for the AI era as part of the Finatext Group, have begun collaborating to integrate their respective data and provide a database of real estate holdings and analysis services for approximately 240,000 companies, including unlisted firms, from a "company-centric" perspective. ■ Background of Collaboration Amidst rising needs for real estate sales and asset compression to improve corporate financial health, the importance of CRE (Corporate Real Estate) sales for real estate companies and financial institutions is increasing. However, comprehensively understanding "which companies own real estate and where" has been a long-standing challenge. Information on real estate held by companies has primarily been obtained from IR materials such as securities reports. This method, however, is limited to approximately 4,000 listed companies, and the information published tends to focus on large-scale assets, with property locations only disclosed down to the town block level, making pinpoint property identification difficult. Furthermore, systematic data for smaller assets like hotels, factories, warehouses, parking lots, and company dormitories, as well as real estate held by unlisted companies, did not exist. While real estate registration data can identify owners, due to the structure of "searching for an owner from a land parcel number," it requires individually acquiring and consolidating a large volume of registration documents to list all real estate owned by a specific company from the company's perspective. TRUSTART has been addressing this challenge by independently collecting and creating a database of analog registration information that can only be obtained from government offices or on-site.