What Realgate does

Realgate Inc. (株式会社リアルゲート) is a Tokyo-based real estate operator founded in August 2009 by Yutaka Iwamoto, who serves as Representative Director and CEO. The company specializes in developing, renovating, and operating flexible offices, retail spaces, and hotels in repurposed commercial buildings, with a portfolio of 100+ properties concentrated in central Tokyo's Shibuya, Harajuku, Aoyama, Roppongi, and surrounding wards. Realgate operates a vertically integrated model combining first-class architectural design, construction supervision, leasing, and ongoing property management as a one-stop service, with founder Iwamoto's credentials as a first-class architect enabling in-house design quality control that distinguishes the company from third-party property managers.

The company's core product is the ORDERMADE TOKYO media-type office search platform, launched in November 2018, which functions as both a property listing site and editorial magazine showcasing creative office culture. The platform hosts detailed listings for properties including LAIDOUT SHIBUYA, PORTAL POINT HARAJUKU, LOCUL at Tokyu Plaza Omotesando, IPIAS Aoyama, THE MODULE roppongi, and many others. Properties offer diverse configurations from fixed desks at THE SHARE (38,500 yen/month) to large-format offices at ZINE YOYOGI-KOEN (from 1.2M yen/month), alongside event spaces, galleries, and coworking areas. The company employs a curated creator network of architects, designers, illustrators, and lighting coordinators who collaborate on each property's design identity, creating distinctive spaces that have won recognition including Ikki Kobayashi's Tokyo TDC Award 2016 and JAGDA New Designer Award 2019.

Realgate generates revenue through three primary streams: recurring office space rental income (subscription/recurring model with 2-5 year fixed-term leases), ongoing property management and maintenance fees (managed services), and real estate brokerage and consulting for property owners (professional services). The customer base is horizontal across startups and creative professionals, property owners/landlords, and fashion/lifestyle retail brands. Marketing is primarily driven through the ORDERMADE TOKYO owned media platform supplemented by a Journal editorial content channel, Instagram organic social, and participation in community initiatives including the shibuya good pass partnership with Mitsui & Co. and Hakuhodo. The company's most recent strategic initiatives include hotel expansion under the SHIFT HOTEL brand, the B TRACK creator community hub, environmental-conscious building regeneration targeting ZEB Ready certification (first achieved at FURAM SANGUBASHI in October 2025), and geographic broadening into Ikejiri Ohashi and Shirokane areas.

Name

Realgate

Legal name

株式会社リアルゲイト

Website

https://ordermade-tokyo.jp

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Realgate develops, renovates, and operates flexible offices, retail spaces, and hotels in repurposed commercial buildings across central Tokyo. The company serves startups, creative professionals, and property owners through 100+ design-forward properties and the ORDERMADE TOKYO listing platform.

Ownership category

akta.pro rank

Product category

Commercial Real Estate / Creative Office Space

NAICS

Real Estate Property Managers (53131), Lessors of Other Real Estate Property (531190), Rental and Leasing Services (532)

SIC

Lessors Of Real Property, Nec (6519), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Office Real Estate Asset Management (BPAJAMAG)

akta.pro secondary industry

Real Estate Tenant Representation (FSAEAJAF)

Keywords

• Creative office leasing
• Building renovation services
• Property management Tokyo
• Flexible workspace operator
• Commercial real estate development

Headquarters

HQ city

Shibuya

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Office Space Rental Income: Realgate generates primary revenue from leasing renovated creative office spaces to tenants. Properties include co-working spaces, private offices, and multi-tenant buildings across Tokyo. Rental income is recurring in nature with tenants signing fixed-term lease agreements typically ranging from 2 to 5 years.
2. Property Management Fees: Ongoing facility management, maintenance, and common area services provided to building tenants generate additional recurring management fee revenue.
3. Real Estate Brokerage and Consulting: Realgate provides real estate advisory services to property owners, including property analysis, renovation planning, and tenant acquisition support. For property owners, Realgate offers comprehensive solutions from business consultation through design, construction, and operational management.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Realgate develops, renovates, and operates design-forward creative office buildings, retail spaces, and hotels in repurposed mid-to-small aged commercial buildings across central Tokyo. The company manages a portfolio of 100+ properties concentrated in Shibuya, Harajuku, Aoyama, Roppongi, and Nihonbashi, providing end-to-end building regeneration services from planning and design through construction, leasing, and ongoing property management. Realgate also operates the ORDERMADE TOKYO media-type office search platform to drive tenant acquisition and publishes editorial content about its tenants and creator network.

Product overview

Realgate operates a portfolio of creative office properties across Tokyo and provides the ORDERMADE TOKYO platform as its media-type office search service. The company manages approximately 100+ buildings in central Tokyo areas including Shibuya, Harajuku, Aoyama, Roppongi, Nihonbashi, and others. Properties range from small share offices to full-floor offices, with amenities including coworking spaces, lounges, rooftops, event spaces, and galleries. The ecosystem includes property management, design search functionality, event space rentals, and tenant support services like food delivery and shopping programs. The company also provides services for property owners including consultation, design, construction, and management.

Differentiator

Problem solved

Functional benefit

Products and services

• ORDERMADE TOKYO (オーダーメイド東京) Realgate's owned media-type office search platform that helps users find rental offices, shared offices, and coworking spaces in Tokyo with design-centric search capabilities. Also functions as an editorial magazine showcasing creative office culture, tenant interviews, and creator profiles.
• LAIDOUT SHIBUYA Creator-focused complex facility in Shibuya featuring office, shop, gallery, and music bar spaces. Located 1 minute from Shibuya Station at Shibuya 1-15-12, renovated in 2021. Office units range from 24.38 sqm to 75.05 sqm, starting from 298,000 yen/month.
• THE WORKERS & CO Communication place in the Azabu-bashi area offering office, shop, and rooftop spaces. Located directly under Tokyo Tower as a creative share office. Tenant daicon (中山ダイスケ) operates from this location.
• LOCUL Lo-fi culture collective at Tokyu Plaza Omotesando 'OMOKADO' 5F, offering office, shop, cafe, and event space of up to 856.44 sqm. Community shopping district concept rebranded in July 2023. Tenants include gifthand (jewelry design) and The Stocks (fashion platform).
• IPIAS Aoyama Creative office with two gardens located in Aoyama, 3 minutes from Aoyama-itchome Station. Renovated in November 2020 with focus on natural work lifestyle.
• RandL Flexible style office at the Takanawa Gateway area, renovated in November 2023. Located near Sengakuji Station, part of the new Takanawa Gateway City development.
• THE MODULE roppongi Complex facility near Roppongi Hills and Mori Art Museum offering shop, office, showroom/gallery, and SOHO spaces. Opened October 2021.
• SNUG MINAMI-AZABU Secret hideaway-style complex in Minami-Azabu area near Azabu-juban Station. Offers office, shop, and showroom spaces with rooftop farm. Opened May 2022.
• LANTIQUE BY IOQ New work-share place in Daikanyama combining vintage elements with creative workspace. Features shops, office, and coworking spaces with lush greenery and rooftop. Renovated February 2024.
• ANYZ Flexible workspace near Onarimon Station designed for diverse workstyles. Offers office and coworking spaces with multiple lounge types. Completed June 2025.
• PORTAL POINT HARAJUKU New Standard creative office in Harajuku/Sendagaya area featuring office, showroom, shop, and coworking spaces. Flagship location opened August 2020. Hosted the 'good place' food delivery and shopping pilot programs.
• JUNCTION harajuku Complex facility near Harajuku Station with shop, office, and rental spaces. Features 2.8m skeleton ceilings with simple clean design. Renovated July 2020. Available as event/filming space (155.14 sqm).
• WORK EDITION NIHONBASHI Community place in Nihonbashi area offering office and cafe restaurant spaces with rooftop terrace. Renovated in phases from 2016 to 2021. Features wall art by illustrator Takuro Takagi.
• SLACK SHIBUYA Community office building in Sakuragaoka supporting startups with shop, office, meeting rooms, and rooftop terrace. Renovated in March 2018.
• ZINE YOYOGI-KOEN Large-format office space at Yoyogi-Koen, Shibuya ward, available in 152.11 sqm or 158.87 sqm units from 1,200,000 yen/month plus 70,000 yen/month operating expenses.
• THESTEPS Complex facility in Hatagaya combining shop and office, renovated from a 52-year-old building. Design concept '継ぐ素材' (inherited materials) preserving building history. Custom furniture by D.Stock.
• NEUK shirokanetakanawa Complex facility combining cafe, shop, and office in Shirokane area. Converted from a 56-year-old sharehouse in April 2025 with 'Attachment' concept. Designed by CLOCK (萩野亘).
• FURAM SANGUBASHI Environmentally-conscious composite building in the Sangubashi area with shop and office spaces. First Realgate project targeting ZEB Ready certification, achieved through LED lighting, high-efficiency air conditioning, and improved insulation.
• Event Space & Shooting Rental Service Event space and filming rental service offered at Realgate properties including LAIDOUT SHIBUYA (175.93 sqm), JUNCTION harajuku (155.14 sqm), LOCUL (up to 856.44 sqm), PORTAL POINT Ebisu (~250 sqm), and SHARE GREEN MINAMI AOYAMA (~2,546 sqm). Used for exhibitions, workshops, seminars, PR events, pop-up shops, and still/movie shoots.
• Design Search Search function on ORDERMADE TOKYO allowing users to find office spaces based on design preferences including lounge, lobby, rooftop, terrace, meeting room, art, office, play room, event space, shop, and exterior aesthetics.
• THE SHARE Coworking (Fixed Desk / Free Desk) Coworking membership at THE SHARE in Sangenjaya (Setagaya ward) offering Fixed Desk (38,500–40,700 yen/month + 11,000 yen service charge) and Free Desk (17,600 yen/month + 5,500 yen service charge) plans. Includes wired/wireless internet, corporate registration, postal service, and locker rental options.

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered minor and core.

• 三越伊勢丹 (Mitsukoshi Isetan)minorStrategic or Co-development Partner · 5 July 2021Realgate partnered with 三越伊勢丹 and 三井物産 to launch a mobile concierge shopping service 'good place ショッピング by 三越伊勢丹' — bringing a mobile shop experience to Realgate's headquarters and PORTAL POINT HARAJUKU tenants. The service offered personalized shopping experiences using the Mitsukoshi Isetan Remote Shopping app, with concierge-style brand coordination.
• shibuya good pass (渋谷グッドパス)coreStrategic or Co-development Partner · 1 April 2021Realgate partnered with 三井物産株式会社 (Mitsui & Co.) and 株式会社博報堂 (Hakuhodo Inc.) as a member of the shibuya good pass initiative — a community co-creation urban development project aimed at improving life in Shibuya. Through this partnership, Realgate developed the 'good place' (グッドプレイス) office services program, starting with food delivery benefits for office workers.
• BLS (物産ロジスティクスソリューションズ)minorStrategic or Co-development Partner · 1 April 2021Realgate collaborated with BLS on a food delivery pilot program 'good place フードデリバリー by X TABLE' at PORTAL POINT HARAJUKU. The initiative provided group purchasing discounts and free delivery coupons to tenants, supporting office worker nutrition and community interaction during the COVID-19 pandemic.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• TKP Corporation: Japanese operator of rental offices, meeting rooms, and coworking spaces nationwide. Closest direct domestic peer to Realgate's flexible office/rental office model, although TKP's portfolio is broader and more meeting-room-centric versus Realgate's design-forward creative office focus.
• The Executive Centre: Premium serviced office operator with presence in major Asia-Pacific cities including Tokyo. Overlaps in serving premium tenants seeking flexible office space, though positioned in higher-end office towers versus Realgate's mid-aged building repositioning model.
• WeWork Japan: Japanese subsidiary of the global flexible office operator, providing coworking and private offices in central Tokyo. Comparable in tenant type (startups, SMEs, creative professionals) and target locations, though operates a multinational brand versus Realgate's locally curated design platform.
• H1 Co., Ltd. (H1T): Tokyo-based creative office operator repositioning mid-aged buildings, directly comparable to Realgate's building regeneration + design-forward office strategy. Closest head-to-head competitor in the central Tokyo creative office niche.
• Servcorp: Australia-founded serviced/virtual office operator with Tokyo presence in grade-A buildings. Similar recurring-revenue flex office model, but Servcorp targets larger corporate tenants from premium grade-A buildings rather than Realgate's creative-sector SME focus in reimagined older buildings.

Emerging players

• Open Office Inc. (COCO): Smaller Japanese coworking/creative office operator focused on Tokyo. Comparable in targeting startups and creative professionals with flexible office offerings, but operates at a smaller scale than Realgate and lacks the integrated architecture/regeneration capability.

Broad incumbents

• Mitsui Fudosan: One of Japan's largest real estate developers with extensive office leasing portfolio in Tokyo. Overlaps with Realgate in central Tokyo office leasing but operates at massive scale with new construction rather than mid-aged building regeneration; strategic partner through the shibuya good pass initiative.
• Mori Building Co., Ltd. Tokyo-focused developer of premium office, retail, and residential properties (Roppongi Hills, Toranomon Hills, etc.). Comparable in central Tokyo office tenants but competes in the high-end new-construction segment rather than Realgate's creative mid-aged building niche.
• Tokyu Land Corporation: Major Tokyo real estate developer with significant office leasing operations including in the Shibuya area. Comparable in Tokyo office leasing and broader CRE portfolio, but at substantially larger scale and through new development rather than building regeneration.
• IWG (Regus): Global leader in flexible workspace (Regus, Spaces, HQ brands) with substantial Tokyo presence. Comparable flex-office business model targeting SMEs and enterprises, but operates a scaled global platform rather than Realgate's design-led, building-regeneration niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/realgateinc
• LinkedInlinkedin.com/company/realgate

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Realgate