Sumitomo Corporation

06/16/2023 | Press release | Distributed by Public on 06/15/2023 20:02

Completion of Rokumaru Gate Ikebukuro

Sumitomo Corporation (Headquarters: Chiyoda-ku, Tokyo; Representative Director, President and CEO: Masayuki Hyodo; hereinafter "Sumitomo Corporation") and Fuyo General Lease Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; President & Chief Executive Officer: Hiroaki Oda; hereinafter "Fuyo General Lease") has completed the construction of "the Higashi-Ikebukuro 1-chome Plan" ("Rokumaru Gate Ikebukuro"), a joint project in Higashi-Ikebukuro 1-chome, Toshima-ku, Tokyo.

■ Development Background
The property is located in front of the Ikebukuro Station on the Sunshine 60 Street, one of the busiest streets in Japan. Sumitomo Corporation acquired "Ikebukuro Lokumaru Building" in April 2013 and the adjacent "JTB Building" in April 2020, and construction work began in September 2021 after the existing buildings were demolished.