News Release

ORIX Real Estate Completes Construction of Belle Face Omori Rental Condominium―Tenancy to Begin in Mid-February
~All 60 units equipped with wall-mounted hooks for home deliveries~

Feb 08, 2021

TOKYO, Japan - February 8, 2021 - ORIX Real Estate Corporation (“ORIX Real Estate”) announced that it has completed construction of its Belle Face Omori rental condominium. The building is located in Ota-ku, Tokyo, with a total of 60 units for rent, and tenants can begin moving in from mid-February.

Belle Face Omori

Belle Face Omori

Entrance hall

Entrance hall

Belle Face Omori boasts excellent transport connections, with two different stations on two different lines within easy access: Omori Station on the JR Keihin-Tohoku Line is just five minutes away on foot, and Omorikaigan Station on the Keikyu Main Line nine minutes away. From these stations, residents can travel direct without changing trains to Tokyo Station, Shinagawa Station, and other key stations in the metropolitan area; Haneda Airport is also less than 30 minutes away.

The condominium is situated in a neighborhood with numerous shops, including a supermarket, and a variety of clothing stores within five minutes’ walk. All 60 units are south-facing, with bright and functional living spaces, while the entrance hall features wood-grain finishing, providing a subtle and welcoming atmosphere.

To cater both to residents staying at home for longer periods of time due to teleworking, and to diversifying lifestyles, wall-mounted hooks have been installed beside unit entrance doors to enable home deliveries without having to open the door. For improved hygiene, garbage collection point doors are equipped with attachments that can be operated using arms or elbows, while elevator buttons have received anti-bacterial and anti-viral coatings.

ORIX Real Estate will continue to actively provide new facilities and unit plans tailored to diversifying lifestyles, devise attractive designs, and endeavor to create comfortable homes for its customers.

1. Features of Belle Face Omori

Wall-mounted hook

Wall-mounted hook

(1) All units equipped with two types of hooks
All units feature a wall-mounted hook by the entrance door both so that home deliveries can be received without opening the door, and so that luggage can be temporarily hung while opening and closing the door. Anticipating that residents will spend longer at home, and so use their kitchens more frequently, units are also equipped with magnetic hooks that can be easily attached and removed from kitchen hoods and other locations.

Work spaces

Work spaces

(2) Work booths for teleworking
One of the condominium’s units features a workspace that combines a desk area with storage for teleworking.

(3) Improved hygiene in communal spaces
The garbage collection point doors feature attachments that can be operated using arms or elbows.
Elevator operation boards have received anti-bacterial and anti-viral coatings.

2. Property overview
Name Belle Face Omori
URL https://www.orix-chintai.jp/ Open Link in New Window (in Japanese)
Address 1-26-12 Omorikita, Ota-ku, Tokyo
Access 5 minutes on foot from Omori Station on the JR Keihin-Tohoku Line
9 minutes on foot from Omorikaigan Station on the Keikyu Main Line
Scale and structure Reinforced concrete construction; 10 levels above ground
Site area 319.12m2
Total units 60
Unit area 25.06m2- 40.08m2
Unit plans IR,IK,IDK,ILDK
Rental fees 126,000–220,000 yen (including service fees)
Date of completion January 29, 2021
Move-in date Mid-February 2021
Design City Co., Ltd.
Construction Rinkai Nissan Construction Co., Ltd.

Belle Face Omori

Belle Face Omori

3. About ORIX Real Estate’s Belle Face series of rental condominiums
ORIX Real Estate has developed urban rental condominiums, primarily in the Tokyo metropolitan area, since 1996, and operates the Belle Face brand of rental condominiums. The company provides high-quality, comfortable, and highly functional homes for businesspeople and people on long-term solo business assignments who commute to the center of the city; in total, ORIX Real Estate has developed 187 buildings so far.

Entrance walls change color according to the time of day(Belle Face Nishigotanda),Theater room(Belle Face Meguro),Mobile kitchen storage(Belle Face Monzen-nakacho II)

Contact Information:
Investor Relations and Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121

About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses.
Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into lending, investment, life insurance, banking, asset management, automobile related, real estate and environment and energy related businesses. Since entering Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in 34 countries and regions across the world.
Going forward, ORIX intends to utilize its strengths and expertise, which generate new value, to establish an independent ORIX business model that continues to evolve perpetually. In this way, ORIX will engage in business activities that instill vitality in its companies and workforce, and thereby contribute to society. For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of September 30, 2020)

Caution Concerning Forward Looking Statements:
These documents May contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2019 – March 31, 2020.”

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