It was in the 1970s that Sumitomo Corporation embarked on the real estate business in Asia, its first venture being a mixed-use complex development project in Bangkok, the capital of Thailand. The business subsequently expanded to cover a wider area including Singapore, Indonesia, China, Taiwan, India and Vietnam.
In 1985, we began operating an office building named Summitmas in Indonesia, with its second building completed in 1992, both of which are mainly rented by Japanese corporations. In addition, Warehouses 1 and 2 were constructed in Jababeka, West Java in 2016 and 2019,…