Mori Trust
| Industry | Real estate development |
|---|---|
| Predecessor(s) | Mori Building Development Co., Ltd. (1970 - 1999) |
| Headquarters | Toranomon, Minato, Tokyo, Japan |
| Area served | Japan |
| Key people | Akira Mori (President & CEO)[1] |
| Services | Real estate development, Office leasing |
| Revenue | \92.1 billion (FY 2013)[1] |
| Operating income | \25.3 billion (FY 2013)[1] |
| Net income | \19.3 billion (FY 2013)[1] |
| Website | mori.co.jp |
Mori Trust Co., Ltd. (森トラスト株式会社 Mori Torasuto Kabushiki Gaisha) is a Japanese real estate developer.
History
Mori Trust was founded in 1970 as Mori Building Development, a subsidiary of the Mori Building group founded by Taikichiro Mori. Following his death in 1993, his two sons Minoru Mori and Akira Mori disagreed as to how to continue the business, with Minoru wishing to continue the company's focus on existing properties and new large-scale urban projects, and Akira wishing to expand the company's portfolio into more small-scale office and leisure properties. This led to a split of the Mori Building group, with Akira Mori taking over the Mori Building Development entity and renaming it "Mori Trust" in 1999. Mori Trust properties that predated the 1999 schism were originally named "Hills" or "Mori Building" but were renamed to "Trust Tower" or "MT Building" around 2002.
Major office properties
- Tokyo
- Tokyo Shiodome Building
- Marunouchi Trust City
- Akasaka Twin Tower
- Gotenyama Garden
- Shiroyama Trust Tower
- Sendai
- Sendai Trust Tower
Major hotel properties
- Laforet Hotels chain
- Rihga Royal Hotels chain (minority partner)
- Conrad Tokyo
- Westin Sendai
- InterContinental Yokohama Grand
- Shangri-La Tokyo
- Sunroute Plaza Shinjuku
References
- ↑ 1.0 1.1 1.2 1.3 "Corporate Data". Mori Trust. Retrieved 18 July 2013.