Daiwa House Realty Management

Name

Daiwa House Realty Management

Legal name

大和ハウスリアルティマネジメント株式会社

Website

https://dh-realty.co.jp

Company type

Private

Founded year

1986

Operating status

Operating

Short description

Daiwa House Realty Management is a Tokyo-based subsidiary of the Daiwa House Group that develops, owns, and manages approximately 4,300 commercial properties across all 47 Japanese prefectures and operates 78 hotels under the Daiwa Roynet and BATON SUITE brands.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Services

NAICS

Real Estate Property Managers (53131), Nonresidential Property Managers (531312)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Hotels & Motels (7011)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industry

Hospitality (Hotel) Property Management (BPAJAGAG)

Keywords

• Commercial property management
• Real estate solutions
• Hotel operations
• Shopping center development
• Land utilization services

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Real Estate Rental Business (Commercial Properties): The company generates recurring rental income by developing, owning, and managing commercial real estate properties including shopping centers, office buildings, logistics facilities, and mixed-use complexes. Properties are leased to tenant businesses, and the company collects rent. This includes sublease income where the company leases buildings from property owners and subleases to tenants.
2. Hotel Business: The company operates urban and resort hotels under the Daiwa Roynet Hotels brand (76 urban hotels in Japan, 1 overseas in Korea), generating room rental revenue and related hotel services including dining, spa, and events.
3. Property Management (PM) Services: The company provides property management services to external property owners, earning management fees for overseeing building operations, tenant relations, maintenance, and accounting on behalf of third-party owners.
4. Property Purchase/Acquisition: The company purchases commercial properties from owners seeking liquidity, acquiring land and/or buildings for its own real estate portfolio. Revenue is generated through subsequent rental income from these acquired assets.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Daiwa House Realty Management develops, owns, and manages commercial real estate and operates hotels. Its real estate business offers land utilization via business fixed-term land leases, building sublease (master lease) arrangements, property management (PM) for third-party owners, real estate purchase/acquisition, and construction services, covering shopping centers, office buildings, logistics facilities, and mixed-use complexes. Its hotel business operates the Daiwa Roynet Hotels urban chain (76 Japan, 1 Korea) and the new BATON SUITE resort brand (launched 2025 in Okinawa), managing approximately 4,300 commercial properties and 78 hotels across all 47 prefectures of Japan.

Product overview

Daiwa House Realty Management operates two main business pillars: a Real Estate Business and a Hotel Business. The Real Estate Business functions as a real estate developer offering comprehensive solutions including Business Fixed-Term Land Lease land utilization, Building Sublease, Property Management (PM), and Real Estate Purchase, supported by construction services. Key product lines include the Across Series shopping centers (Across Plaza ~120 facilities, Across Cube, Across Garden, Across Mall), Shonan Mall Fill, COMBOX, Life Garden, and Okinawa Outlet Mall Ashibinaa. The Hotel Business operates Daiwa Roynet Hotels (76 urban hotels across 3 brands) and the new BATON SUITE resort brand (first property in Okinawa). The company manages approximately 4,300 commercial properties across all 47 prefectures of Japan with an occupancy rate of approximately 99.67%.

Differentiator

Problem solved

Functional benefit

Brands

• BATON SUITE: Resort-type hotel brand launched in March 2025, with BATON SUITE 沖縄古宇利島 as the first property. Upscale resort hotel with ocean views and all-suite rooms.
• ダイワロイネットホテル (Daiwa Roynet Hotel)
• ダイワロイネットホテルPREMIER (Daiwa Roynet Hotel PREMIER)
• DEL Style by Daiwa Roynet Hotel

Products and services

• Business Fixed-Term Land Lease (Land Utilization) A land utilization service where the company leases land from owners under a business fixed-term land lease (jigyoyo teikijishaku) for 10-50 years, constructs and operates commercial facilities on the land, and returns the land as vacant lots upon contract expiry. Landowners earn regular land rent income without large capital investment while the company handles development, tenant sourcing, and ongoing facility management.
• Building Sublease A master lease/sublease arrangement where the company leases entire buildings from owners and subleases individual units to tenant businesses. Owners receive stable rent income while the company handles all tenant contract management and assumes vacancy risk. Suitable for property owners seeking stable rental income without managing tenant relations.
• Property Management (PM) Services Asset-value maximization management provided on behalf of property owners, covering an 8-pillar framework: opening support, management operations, leasing, accounting and reporting, equipment maintenance, construction management, energy management, and building diagnosis consulting. Handles commercial facilities, office buildings, hotels, and logistics facilities on behalf of external property owners in exchange for management fees.
• Real Estate Purchase The company purchases land and/or buildings from owners seeking liquidity for commercial real estate utilization. Offers various purchase patterns including land only, buildings only, and buildings on leased land. Covers all 47 prefectures of Japan. Acquired assets generate ongoing rental income for the company.
• Construction Contractor Services Comprehensive construction services covering facility equipment work, facility repair and renovation, and complete building construction. Supported by qualified professionals in planning, design, construction, and after-maintenance across all 47 prefectures of Japan.
• Across Series (Shopping Centers) A series of self-managed shopping center brands operated nationwide, including Across Plaza (roadside out-mall format, approximately 120 facilities), Across Cube (urban mixed-use buildings near stations), Across Garden (small-scale roadside malls), and Across Mall (self-operated large in-mall complexes). These managed commercial facilities serve as physical storefronts for the company's real estate management capabilities and attract tenant businesses.
• Shonan Mall Fill Self-operated large in-mall commercial complex in Fujisawa, Kanagawa. The company's first in-mall type facility under the Across Series. Name derived from Fine, Identity, Liberty, Lifestyle. Eco Mark certified as one of the company's first certified shopping centers.
• COMBOX (Commercial Complex) In-mall type commercial complex series. Name combines 'Complex' and 'Community' with 'BOX.' Operates COMBOX310 and COMBOX Komeiike among other locations nationwide as part of the company's commercial facility portfolio.
• Okinawa Outlet Mall Ashibinaa The company's first outlet mall located in Okinawa. 'Ashibinaa' means a place where people of all ages gather and socialize. Operates under a modern 'play garden' concept.
• BATON SUITE (Resort Hotels) Resort-type hotel brand launched in March 2025. Features all-suite, ocean-view rooms. First property BATON SUITE Okinawa Kourijima opened March 27, 2025, in Nakijin Village, Okinawa, with 35 rooms. Brand concept is 'connecting' (つなぐ).
• Daiwa Roynet Hotels Urban hotel brand with 76 hotels operated across Japan by subsidiary Daiwa Roynet Hotels K.K., plus 1 overseas property (Roynet Hotel Seoul Mapo in South Korea). Includes Daiwa Roynet Hotel, Daiwa Roynet Hotel PREMIER, and DEL Style sub-brands. All 76 domestic hotels hold Eco Mark certification. Standard business hotel with locations in major cities across Japan.
• Daiwa House Realty Management Real Estate Solutions Comprehensive real estate solution platform bundling land utilization (business fixed-term lease), building sublease, property management, real estate purchase, and construction services. Addresses needs of property owners, tenants, and investors across all 47 prefectures of Japan.

Quantifiable outcome

• Vacancy rate maintained at approximately 0.33% across managed properties
• +3 more outcomes

Named customers6 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered minor and core.

• Kugani Co., Ltd. (株式会社クガニ)minorStrategic or Co-development Partner · 27 March 2025Kugani Co., Ltd., a company based in Nakijin Village, Okinawa, specializing in waste management, environmental conservation, and B-type welfare employment services, partnered with BATON SUITE Okinawa Kourijima for an upcycling project. The partnership converts used cooking oil from the hotel's restaurant into aroma candles, creating a circular resource management system within the hotel. Kugani also grows cress using aquaponics from hotel food waste, which is served in the hotel restaurant.
• Daiwa House Group Companies (大和ハウスグループ)coreOthersAs a member of the Daiwa House Group, the company operates in coordination with affiliated group companies including Daiwa House Industries (大和ハウス工業), Daiwa House Asset Management (大和ハウス・アセットマネジメント), Daiwa Seerex (大和シーレックス) for building management, Daiwa House Parking (大和ハウスパーキング), Daiwa House Real Estate Investment Advisors (大和ハウス不動産投資顧問), Daiwa House Property Management (大和ハウスプロパティマネジメント), Daiwa Energy (大和エネルギー), Daiwa Lease (大和リース), Daiwa Logistics (大和物流), and many others. The group shares technology, client referrals, and cross-promotional opportunities across the real estate and hospitality value chain.
• Soup Stock Tokyo (スープストックトーキョー)minorStrategic or Co-development PartnerSoup Stock Tokyo collaborated with Restaurant SenQchere (operated by the company) to develop recipes using unutilized fish (Okizawara) caught in Wakayama Prefecture, which were served at the restaurant as a food waste reduction initiative.
• PICFA (ピクファ)minorStrategic or Co-development PartnerPICFA, a welfare facility for people with disabilities in Saga Prefecture, partnered with Across Mall Kasuga for art events featuring works by PICFA artists, promoting social inclusion and community engagement at the shopping center.
• Katsura Sangyo Co., Ltd. (桂産業)minorOthersKatsura Sangyo, a tenant at Across Mall Shinkamagaya, participates in the facility's recycling initiatives including bottle-to-bottle horizontal recycling of plastic bottles.
• Wakayama Prefecture Fishermen (和歌山県漁師)minorOthersFishermen in Wakayama Prefecture supply unutilized fish (Shiira, Okizawara) to Restaurant SenQchere, supporting food waste reduction and local fishermen's income improvement through the restaurant's sustainable seafood menu initiatives.
• Kasuga City, Fukuoka Prefecture (福岡県春日市)minorOthersKasuga City and Daiwa House Realty Management signed a comprehensive partnership agreement in March 2026 for promoting regional industry development and related initiatives, indicating a municipal government collaboration.
• Gokurakuyu Royal Kawaguchi (極楽湯ロイヤル川口)minorOthersThe company operates Gokurakuyu Royal Kawaguchi, a public bath facility, which issues prepaid payment instruments (bath tickets, rock sauna tickets) regulated under the Payment Services Act.

Scale indicators8 records

Recent moves22 records

Expansion highlights7 records

Direct peers

• Hulic: Tokyo-focused commercial real estate company with strong presence in office, retail, and hotel properties; comparable in operating mixed commercial portfolios and pursuing growth in hospitality.
• Tokyu Land Corporation: Operates shopping centers (e.g., Tokyu Plaza) and real estate solutions including land utilization and property management; directly comparable in developing and managing mixed-use commercial facilities across Japanese urban areas.
• Hotel Mystays (Mystays Hotel Group): Urban and resort hotel chain in Japan (part of Kenedix / IHG alliance); comparable competitor in both the urban business hotel segment and the resort hotel space that BATON SUITE targets.
• Tokyo Tatemono: Japanese real estate developer focused on office buildings and commercial facilities; comparable in managing nonresidential real estate portfolios in central urban markets with subleasing and PM services.
• APA Hotel: Japan's largest business hotel chain by room count; directly comparable as a competitor to Daiwa Roynet Hotels in the urban business hotel segment nationwide.
• Sotetsu Fresa Inn: Urban business hotel chain operating in major Japanese cities; most direct comparable to Daiwa Roynet Hotels in terms of location strategy, target customer (business travelers), and pricing tier.
• Daiwa Lease: Daiwa House Group affiliate operating commercial facilities (PPP/PFI, prefab construction, retail development); highly comparable as a sibling company within the same group with overlapping commercial development activities.

Broad incumbents

• Mitsui Fudosan: Diversified Japanese real estate developer with extensive commercial property and hotel operations; comparable in operating large shopping center, office, and hotel portfolios at national scale.
• Mitsubishi Estate: Japan's largest commercial real estate developer and landlord (Marunouchi, Otemachi); comparable in managing large-scale commercial property portfolios and corporate tenant relationships across Japan, though with a more office-anchored focus.
• Sumitomo Realty & Development: Major Japanese real estate developer active in commercial leasing, property management, and redevelopment; comparable in providing integrated real estate services to corporate and individual property owners.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCSUgwhyGBBPZgoqY_U9vQKg

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Daiwa House Realty Management