Ascot

What Ascot does

Ascot Corp. (株式会社アスコット, founded 1999, headquartered in Tokyo) is a Japanese for-profit real estate developer operating six business lines: rental apartment development (flagship brands ASTILE, ASTILE studio, OZIO, TIPETTO), condominium development (FARE, ASCOT PARK GRAN, AMAZE), office and commercial facility development (AUSPICE, MISTO share offices), logistics facility development (Apls / Ascot Prime Logistics), property value-adding renovation (R.core, aLATO, PRACTICAL), and property management / real estate fund management. The company has developed 70+ properties across Tokyo, Kansai, Chubu, Kyushu, and Tohoku, and operates two wholly-owned operating subsidiaries — Ascot Asset Consulting (property management) and Ascot Investment Management (fund management). Ascot was listed on the Tokyo Stock Exchange Standard Market (ticker 3264) from August 2008 until its delisting on April 25, 2025; the company continues to operate as a going concern post-delisting.

The company's core competency is design-led, sustainability-certified property development, evidenced by 19 Good Design Awards over 7 consecutive years, the first ZEH-M Oriented residential certifications in fiscal 2025, and a 4-star DBJ Green Building certification for AUSPICE Fukuoka Tenjin (December 2024). Ascot monetizes through one-time property sales to institutional investors and end-users, recurring property management fees via Ascot Asset Consulting, fund management fees via Ascot Investment Management's private real estate funds, and crowdfunding transaction fees through the Funds platform (cumulative ¥4B+). Its go-to-market combines direct sales through its website and sales contact system, sales-led outreach to institutional investors and corporate tenants for logistics/office assets, and channel distribution via crowdfunding. Major shareholders include Daito Trust Construction Co., Ltd. (parent) and SBI Holdings, with prior board representation from AI CROSS leadership for DX and international expertise.

Name

Ascot

Legal name

株式会社アスコット

Website

https://ascotcorp.co.jp

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Ascot Corp. is a Tokyo-based Japanese real estate developer (founded 1999) designing, developing, and managing rental apartments, condominiums, offices, logistics facilities, and shared offices across five Japanese regions, with vertically integrated property management and fund management subsidiaries.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Other Financial Investment Activities (5239)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Industrial & Logistics Real Estate Asset Management (BPAJAMAC)

akta.pro secondary industry

Warehousing & Logistics Facilities Brokerage (BPAJACAA)

Keywords

• Rental apartment development
• Condominium development
• Logistics facility development
• Real estate fund management
• Property value-adding

Headquarters

HQ city

Shiba

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Real Estate Development: Development and sale of rental apartments, condominiums, office/commercial buildings, and logistics facilities. Revenue is generated through the sale of developed properties to investors and end-users. This is the primary revenue driver.
2. Real Estate Fund Management: Asset management and fund management services for private real estate funds, including acquisition, management, and disposition of properties. Revenue comes from management fees and performance fees from fund investors.
3. Property Management / Rental Operations: Property management (including via subsidiary Ascot Asset Consulting) and rental operations for owned properties, including value-adding renovation and leasing services.
4. Property Value-Adding / Renovation: Whole-building renovation projects (R.core brand) that breathe new life into existing properties. Revenue generated through property acquisition, renovation, and resale or rental.
5. Real Estate Crowdfunding Platform (Funds): Lending-type crowdfunding platform enabling individual investors to participate in real estate investment. Ascot acts as an introducer or promoter of the Funds platform, with cumulative fundraising exceeding 4 billion yen.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Ascot Corp. develops, sells, and manages residential, commercial, and logistics real estate across Japan, including rental apartments, condominiums, small-to-medium offices, and last-mile logistics facilities under proprietary brands. The company also offers property value-adding/renovation services, rental property management through subsidiary Ascot Asset Consulting, and real estate fund/asset management through subsidiary Ascot Investment Management.

Product overview

Ascot is a comprehensive real estate developer offering multiple distinct product lines and services. Core products include rental apartments (ASTILE, ASTILE studio, OZIO, TIPETTO), condominiums (FARE, ASCOT PARK GRAN, AMAZE, KOHAKU), offices/commercial (AUSPICE), logistics facilities (Apls), and share offices (MISTO). Supporting services include property value-adding (R.core, aLATO, PRACTICAL), property management (via Ascot Asset Consulting), and real estate fund/asset management (via Ascot Investment Management). The portfolio spans Tokyo, Greater Tokyo, and regional cities including Fukuoka, Sendai, and Kyushu. The company emphasizes design quality, sustainability (ZEH-M, DBJ Green Building Certification, CASBEE), and community integration across all property types.

Differentiator

Problem solved

Functional benefit

Brands

• ASTILE（アスティーレ）: 先進的なアーバンライフを演出するスタイリッシュで上質な空間に、住まう人がそれぞれの"暮らし方"を発見できる都心型レジデンスブランド
• OZIO（オジオ）
• FARE（ファーレ）
• AUSPICE（オースピス）
• TIPETTO（ティペット）
• Apls（エーピーエルエス）/ Ascot Prime Logistics
• ASTILE studio（アスティーレスタジオ）
• MISTO（ミスト）
• R.core（アールコア）

Products and services

• ASTILE (アスティーレ) Urban-style residential rental apartment series featuring sophisticated design and quality construction. ASTILE properties emphasize lifestyle discovery and 'exciting living' with spaces connecting residents to their neighborhoods; for urban residents, singles, couples, and families seeking design-conscious rental housing in prime Tokyo and regional locations.
• ASTILE studio (アスティーレ・スタジオ) Soundproof rental apartment series with all-unit soundproof rooms enabling 24-hour musical instrument practice and audio activities. Units include specialized acoustic panels using thinned timber and triple-glazed windows; targeted at musicians, audio creators, and music students needing practice-friendly urban housing.
• OZIO (オジオ) Urban residential rental apartment series featuring diverse unit plans and quality common areas. Creates 'personal hideaways' with refined exteriors and distinctive interior layouts; targeted at urban residents seeking distinctive rental living.
• TIPETTO (ティペット) Pet-friendly rental apartment series designed for humans and pets to coexist comfortably, with special features for cat multi-pet households. Urban residential product line targeted at pet owners who want design-quality housing that accommodates their animals.
• FARE (ファーレ) Condominium development brand focused on compact urban residences with distinctive floor plans and architectural design quality. Targeted at individuals and families purchasing for owner-occupation or investment; recognized for energy efficiency and sustainability.
• ASCOT PARK GRAN Luxury condominium brand featuring spacious 4-bedroom units over 100㎡ with corner-room designs in premium Tokyo locations. Targeted at affluent buyers seeking high-end owner-occupied residences.
• AMAZE Condominium development brand (Shift Life series) focused on the Kyushu region, creating designer family residences in historic urban areas. Targeted at buyers in Karatsu and other Kyushu cities seeking quality condominiums outside Tokyo.
• AUSPICE (オースピス) Small to medium-scale office and commercial facility brand with the concept of 'offices that feel like home,' featuring warm atmosphere and artistic touches. AUSPICE Fukuoka Tenjin received DBJ Green Building 4-star certification (December 2024); targeted at small businesses, sole proprietors, and startups seeking design-quality office spaces.
• MISTO (ミスト) Gallery-like share office brand featuring art-centric workspaces with nearly 100 art pieces (paintings, sculptures, prints), setup offices, meeting rooms, nap rooms, and tenant services. Targeted at small businesses, entrepreneurs, and freelancers seeking inspirational workspaces.
• Apls / Ascot Prime Logistics (アスコット・プライム・ロジスティクス) Logistics facility development brand (Advanced, Prime, Link, Sustainability) serving as strategic points for last-mile delivery near urban centers. Properties blend with residential areas and urban environments using Ascot's design expertise; targeted at logistics operators and e-commerce companies requiring last-mile distribution capacity.
• Property Value-Adding Services (R.core, aLATO, PRACTICAL) Whole-building renovation services across sub-brands R.core, aLATO (residential), and PRACTICAL (commercial/mixed-use) that purchase underperforming properties, revitalize them through design quality and functionality enhancements, and pass them to new owners. Targeted at property owners, investors, and buyers seeking repositioned assets with improved design quality and profitability.
• Property Management (Ascot Asset Consulting) Property management services for rental residential and commercial properties delivered through wholly-owned subsidiary Ascot Asset Consulting Co., Ltd. Includes leasing support, tenant management, and value-adding renovation. Targeted at property owners and investors seeking professional management of owned assets.
• Real Estate Fund Management (Ascot Investment Management) Real estate fund management and asset management services delivered through subsidiary Ascot Investment Management Co., Ltd., including private fund operations, joint investment funds with domestic and international investors, and REIT-adjacent business targeting residential, office, logistics, hotel, senior housing, and data center assets. Targeted at institutional and individual investors seeking professionally managed exposure to Japanese real estate.

Quantifiable outcome

• Cumulative lending-type crowdfunding fundraising of over ¥4 billion through the Funds platform as of October 2023
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core, minor and major.

• eco Properties Co., Ltd. (株式会社ecoプロパティーズ)coreImplementation/ SI/ Consulting Partner · 1 April 2024eco Properties provides project management and asset management services for Ascot's logistics facility development projects. The company focuses on logistics real estate investment opportunities and has extensive experience and networks in the logistics property sector. Founded in July 2017 with capital of ¥10 million, it is a subsidiary of eco-dai Holdings.
• Riviera Co., Ltd. (リビエラ株式会社)minorOthers · 28 June 2023Riviera supplied surplus discontinued tile cut samples (approximately 600 pieces) which Ascot upcycled into an art wall installation at ASTILE Nihonbashi-Hamacho. Riviera is an Italian tile import company.
• Workday, Inc. (ワークデイ株式会社)coreTechnology or Integration · 23 June 2023Workday provides the Workday Adaptive Planning platform used by Ascot for DX visualization, including automated creation of financial statements (PL, CF, BS), simulation functions, and project-level financial management for complex real estate development projects.
• Mitsui & Co. Real Estate Management Co., Ltd. (三井物産リアルティ・マネジメント株式会社)coreImplementation/ SI/ Consulting Partner · 27 April 2023Mitsui & Co. Real Estate Management provides asset management and project management services for Ascot's logistics facility developments. For the Sendai Ogimachi project, the company manages asset operations and construction oversight. Founded in June 2007 with capital of ¥100 million, it is a joint venture between Mitsui & Co. Asset Management Holdings (49%) and Mitsui & Co. Kanpo Asset Management (51%).
• hands Co., Ltd. (株式会社hands)minorStrategic or Co-development Partner · 12 April 2021FinTech business partnership for collaborative real estate-related services and solutions, as announced in April 2021.
• SBI Securities / SBI Money Plaza (SBI証券株式会社 / SBIマネープラザ株式会社)majorGTM or Marketing Partner · 29 January 2021Business partnership enabling Ascot-developed properties to be offered through the Funds lending-type crowdfunding platform, expanding access to individual investors. Cumulative fundraising through the platform exceeded ¥4 billion as of October 2023.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Pressance Corporation: Japanese condominium developer focused primarily on the Kansai region. Comparable mid-size developer with similar product (mid-market urban condominiums) and design-forward branding approach targeting owner-occupier buyers.
• Open House Group Co., Ltd. Tokyo-based residential developer focused on single-family homes and condominiums for urban professionals. Comparable mid-size Japanese real estate developer with similar target customer segments (urban residential buyers/tenants) and geographic focus on Greater Tokyo.
• Tokyo Tatemono Co., Ltd. Mid-to-large Japanese real estate developer focused on office buildings and residential properties in central Tokyo. Comparable in office/commercial development (AUSPICE brand) and urban residential focus.
• LeTech Co., Ltd. Real estate crowdfunding and asset management firm using lending-type and equity-type platforms. Comparable to Ascot's fund management and crowdfunding distribution arm (Funds partnership), though with greater emphasis on tech-enabled investor access.
• Anabuki Kosan Inc. Mid-size Japanese real estate developer focused on rental apartments and condominiums primarily in regional cities (Shikoku, Kyushu, etc.). Comparable geographic diversification strategy outside Tokyo and focus on rental residential segments.
• Tosei Corporation: Mid-size Japanese real estate company offering revitalization, development, rental management, and fund management. Highly comparable diversified business model spanning property value-adding, fund management, and development that closely mirrors Ascot's vertical integration.

Broad incumbents

• Daiwa House Industry Co., Ltd. Japan's largest homebuilder and comprehensive real estate company with significant logistics facility development. Comparable in logistics real estate (Apls), residential development, and fund/asset management business lines.
• Tokyu Land Corporation: Major diversified Japanese real estate developer with residential, office, retail, and logistics operations. Comparable across multiple of Ascot's business lines, particularly office/commercial development (AUSPICE) and broader development scope.
• Daito Trust Construction Co., Ltd. Parent company of Ascot and Japan's largest rental housing developer/manager with ¥2+ trillion in revenue. Direct comparable as a comprehensive residential developer with similar property types and customer segments, though operating at vastly larger scale.
• Mitsui Fudosan Co., Ltd. Japan's largest comprehensive real estate developer with extensive operations across residential, office, retail, and logistics. Strategic partner through Mitsui & Co. Real Estate Management providing asset management services for Ascot's logistics projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCIAb7ub0BHgLb__qjTG8I6Q
• LinkedInlinkedin.com/company/ascotcorp

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ascot