Mitsubishi Estate Is the Dominant Landlord in Japan’s Most Prime Office District

Mitsubishi Estate owns most of the land in the prime office area in front of Tokyo Station (Otemachi, Marunouchi, and Yurakucho), much of which was acquired from the Japanese government in 1890 with few sale transactions since. Leasing office space in these districts continues to generate most of the firm's profit today, though Mitsubishi Estate has expanded into retail and residential leasing, condo development, hotels, and related businesses. About 15% of profit comes from overseas, a proportion it aims to double by 2030.