# NOMURA REAL ESTATE HOLDINGS

Summary updated: 2026-09-28T14:28:12.557912Z
Canonical: https://finbar.com/research/companies/nomura-real-estate-holdings

## Overview

Nomura Real Estate Holdings is a Japan-based holding company for a real estate development and services group. Its businesses span residential development; commercial properties such as offices, retail facilities and logistics facilities; real estate investment management; property brokerage; and property and facility management. The group’s stated vision, “New Value, Real Value,” centers on creating value for people and communities through city-building. [1](https://www.nomura-re-hd.co.jp/english/company/outline.html)[2](https://www.nomura-re-hd.co.jp/english/service/)[3](https://www.nomura-re-hd.co.jp/english/company/philosophy.html)

Japan is its principal market and employee base. The group also develops housing in Asian markets and undertakes office and residential projects in the UK and US. For the fiscal year ended March 2025, it reported ¥757.6 billion in consolidated operating revenue and 8,771 employees. The holding company was established in 2004, while its core real estate development business dates to 1957. [4](https://www.nomura-re-hd.co.jp/english/service/global.html)[5](https://www.nomura-re-hd.co.jp/english/sustainability/investor/society.html)[6](https://www.nomura-re-hd.co.jp/english/ir/pdf/AR2025_e_6.pdf)[7](https://www.nomura-re-hd.co.jp/english/faq/)
[1](https://www.nomura-re-hd.co.jp/english/company/outline.html)[2](https://www.nomura-re-hd.co.jp/english/service/)[3](https://www.nomura-re-hd.co.jp/english/company/philosophy.html)[4](https://www.nomura-re-hd.co.jp/english/service/global.html)[5](https://www.nomura-re-hd.co.jp/english/sustainability/investor/society.html)[6](https://www.nomura-re-hd.co.jp/english/ir/pdf/AR2025_e_6.pdf)[7](https://www.nomura-re-hd.co.jp/english/faq/)[1](https://www.nomura-re-hd.co.jp/english/company/outline.html)[2](https://www.nomura-re-hd.co.jp/english/service/)[3](https://www.nomura-re-hd.co.jp/english/company/philosophy.html)[4](https://www.nomura-re-hd.co.jp/english/service/global.html)[5](https://www.nomura-re-hd.co.jp/english/sustainability/investor/society.html)[6](https://www.nomura-re-hd.co.jp/english/ir/pdf/AR2025_e_6.pdf)[7](https://www.nomura-re-hd.co.jp/english/faq/)

## Products & services

Nomura Real Estate Holdings’ for-sale housing includes PROUD condominiums and PROUD SEASON detached houses, supported by development, sales, management and after-sales services. Its rental housing includes PROUD FLAT urban apartments. [8](https://www.nomura-re.co.jp/english/business/residence-sale/)[9](https://www.nomura-re.co.jp/english/business/residence-rent/)

Its commercial-property products include PMO medium-sized offices, H¹O serviced offices for small teams, Landport logistics facilities, GEMS restaurant-focused retail facilities, MEFULL service-focused retail facilities and NOHGA HOTEL properties designed around connections with their local communities. The group develops and leases commercial properties and provides property operations and management. [10](https://www.nomura-re.co.jp/english/business/office/)[11](https://www.h1o-web.com/en/)[12](https://www.nomura-re.co.jp/english/business/logistic/)[13](https://www.nomura-re.co.jp/english/business/retail/)[14](https://www.nomura-re.co.jp/english/business/hotel/)

Its services also include managing listed and private real estate investment trusts and private funds; brokerage and corporate real estate consulting; and management, maintenance and renovation of residential and commercial buildings. For the fiscal year ended March 2025, residential development generated approximately 48% of consolidated operating revenue and commercial real estate approximately 28%. These are business-segment shares, not revenue shares for individual brands. [15](https://www.nomura-re-hd.co.jp/english/service/commerce.html)[16](https://www.nomura-re-hd.co.jp/english/service/asset.html)[17](https://www.nomura-re-hd.co.jp/english/service/propertiesmanagement.html)[18](https://app.finbar.com/go?id=T16204184)
[18](https://app.finbar.com/go?id=T16204184)[8](https://www.nomura-re.co.jp/english/business/residence-sale/)[9](https://www.nomura-re.co.jp/english/business/residence-rent/)[10](https://www.nomura-re.co.jp/english/business/office/)[11](https://www.h1o-web.com/en/)[12](https://www.nomura-re.co.jp/english/business/logistic/)[13](https://www.nomura-re.co.jp/english/business/retail/)[14](https://www.nomura-re.co.jp/english/business/hotel/)[15](https://www.nomura-re-hd.co.jp/english/service/commerce.html)[16](https://www.nomura-re-hd.co.jp/english/service/asset.html)[17](https://www.nomura-re-hd.co.jp/english/service/propertiesmanagement.html)

## Geographic presence

Nomura Real Estate Holdings is predominantly based in Japan. In the fiscal year ended March 2025, Japan accounted for more than 90% of both sales to external customers and property, plant and equipment; the company did not report a more detailed country-by-country revenue split [19](https://app.finbar.com/go?id=P141716303). Its head office is in Tokyo [1](https://www.nomura-re-hd.co.jp/english/company/outline.html).

Outside Japan, the group identifies Vietnam, Thailand, China and the Philippines as development markets. It also undertakes office development in the UK and rental-housing development in the US [4](https://www.nomura-re-hd.co.jp/english/service/global.html). At March 2025, its 8,771 employees comprised 8,640 in Japan, 116 in the rest of Asia and 15 in Europe [5](https://www.nomura-re-hd.co.jp/english/sustainability/investor/society.html).
[19](https://app.finbar.com/go?id=P141716303)[1](https://www.nomura-re-hd.co.jp/english/company/outline.html)[4](https://www.nomura-re-hd.co.jp/english/service/global.html)[5](https://www.nomura-re-hd.co.jp/english/sustainability/investor/society.html)

## Business segments

Nomura Real Estate Holdings reports six business segments. In the fiscal year ended March 2025, Residential Development accounted for approximately 48% of consolidated operating revenue from external customers, followed by Commercial Real Estate at 28%, Property & Facility Management at 13%, Property Brokerage & CRE at 7%, Investment Management at 2%, and Overseas at 1%. A small “Other” category accounts for the remainder. [18](https://app.finbar.com/go?id=T16204184)

Residential Development develops and sells housing, including condominiums and detached homes; Commercial Real Estate develops properties such as offices, retail facilities and logistics facilities. [20](https://app.finbar.com/go?id=P141715615)[21](https://app.finbar.com/go?id=P141715617)[22](https://app.finbar.com/go?id=P141715621)[23](https://app.finbar.com/go?id=P141715623) Property & Facility Management manages buildings and condominiums, while Property Brokerage & CRE provides real-estate brokerage and services for corporate clients. [24](https://app.finbar.com/go?id=P141715640)[25](https://app.finbar.com/go?id=P141715635) Investment Management operates REIT and private-equity-fund businesses, and Overseas undertakes residential development and sales outside Japan. [26](https://app.finbar.com/go?id=P141715631)[27](https://app.finbar.com/go?id=P141715626)[28](https://app.finbar.com/go?id=P141715628)
[18](https://app.finbar.com/go?id=T16204184)[20](https://app.finbar.com/go?id=P141715615)[21](https://app.finbar.com/go?id=P141715617)[22](https://app.finbar.com/go?id=P141715621)[23](https://app.finbar.com/go?id=P141715623)[24](https://app.finbar.com/go?id=P141715640)[25](https://app.finbar.com/go?id=P141715635)[26](https://app.finbar.com/go?id=P141715631)[27](https://app.finbar.com/go?id=P141715626)[28](https://app.finbar.com/go?id=P141715628)

## Company history

Nomura Real Estate Development was established in 1957, initially taking on office-building leasing and management operations from Nomura Securities. It expanded into brokerage in 1959, residential land development in 1961 and condominium development in 1963. The completion of the Shinjuku Nomura Building in 1978 marked a major milestone in its office-building business. [29](https://www.nomura-re.co.jp/english/corporate/history/)[30](https://www.kumagaigumi.co.jp/en/works/002835.html)

Nomura Real Estate Holdings was established in 2004 as the group adopted a holding-company structure, and it listed on the Tokyo Stock Exchange’s First Section in 2006. The group consolidated three asset-management companies in 2011. In 2015, it established a Singapore subsidiary to support overseas expansion, while three of its sponsored listed real estate investment trusts merged to form a diversified fund. [31](https://www.nomura-re-hd.co.jp/english/company/history.html)[32](https://www.nomura-re-hd.co.jp/english/news/pdf/n2015040100055.pdf)[33](https://www.nomura-re-hd.co.jp/english/news/pdf/n2015052700066.pdf)
[29](https://www.nomura-re.co.jp/english/corporate/history/)[30](https://www.kumagaigumi.co.jp/en/works/002835.html)[31](https://www.nomura-re-hd.co.jp/english/company/history.html)[32](https://www.nomura-re-hd.co.jp/english/news/pdf/n2015040100055.pdf)[33](https://www.nomura-re-hd.co.jp/english/news/pdf/n2015052700066.pdf)

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