Thank you to everyone who will be joining us at ULI Japan's Fall Conference 2024. This marks our largest event of the year, following hosting the regional ULI Asia Pacific Summit in May of this year. As that event attested, Japan continues to be the strongest real estate market of interest in Asia, with developers, investors, architects, designers, and many others from abroad all turning their eyes toward Japan.

Leading experts will provide insights into the trends and forces expected to shape 2025 through various sessions during the conference. As this event follows the conclusion of the United States presidential election, I am sure that the impact of global political events on security, trade relations, and the economy, as well as their implications for Japan, are at the forefront of everyone's minds.

In addition to discussions with experts on office, hotel, residential, logistics, and more, this conference will provide insights into technological trends accelerating change within the real estate industry. During the lunch session, we will hear about the luxury real estate sector and its trends, while the closing keynote will provide insights into trends and investment strategies in relation to Japan and global real estate markets.

These updates and interactive information sharing that is central today, form the backbone of one of the central mission goals of ULI to positively impact the future of the built environment, and to connect industry professionals and leaders who drive transformation in the real estate sector.

Thank you again for your attendance at this event and your support of ULI. We look forward to your continued support and collaboration.

Yutaro Yotsuzuka
Representative Corporate Executive Officer
Executive Vice President
Mitsubishi Estate Co., Ltd.