Daiwa House Group

Daiwa House Group

History of the Group's Overseas Operations

History

1961

  • Daiwa Malaya Ltd,* established as a joint venture in Singapore

* Established as a company in Singapore with joint funding with South Asia Co., Ltd. and other firms. Factory built in Singapore, engaging in the construction of factories, supply of housing and construction of schools, etc. in Southeast Asia and the Middle East.

1964

  • Joint-venture company – Daiwa House Industry Thailand Co., Ltd.* – established in Thailand

* Leveraging our track record in the construction of factories in Thailand, we established a locally incorporated company which set up a factory and began manufacturing locally.

1971

  • Exported around 500 houses and accommodation facilities to Indonesia

1974

  • Set up Simamura Daiwa House S/A in Brazil and constructed 20,000 workers' houses

1976

  • Established Daiwa House Corporation of America in the USA, and constructed 10,000 subdivision houses

1983

  • Became first Japanese company to export and erect full-scale houses in China

1986

  • Opened Shanghai Hong Qiao Villas to provide rental homes for non-Chinese citizens in Shanghai

1987

  • Established Daiwa House Australia and commenced construction and sale of condominiums in Australia
  • Established Beijing East Palace Apartment in Beijing to offer rental homes to non-Chinese citizens

1988

  • Opened Dalian Civil Aviation Hotel (Dalian Royal Hotel) in Chinese city of Dalian

1993

  • Established Dalian Acacia Town Villa in Dalian to provide rental homes for non-Chinese citizens

1998

  • Established Tianjin Jiuhe International Villa to provide rental homes for non-Chinese citizens in the city of Tianjin

2001

  • DH (Dalian) Administrative Management Consulting Center Co., Ltd., established to conduct outsourcing business in China

2004

  • Shanghai Office established

2007

  • Daiwa House (Suzhou) Real Estate Development Co., Ltd. (100 percent-owned subsidiary)

2008

  • Started first development of condominiums in Suzhou via wholly-owned subsidiary; construction started on The Grace Residence

2009

  • Daiwa House (China) Investment Co., Ltd. established (a Chinese-owned company)

2011

  • Purchased rental housing in the United States and recommenced real estate operations

2012

  • Began planning entry into industrial park development field in Vietnam and Indonesia
  • Opened our Taiwan Branch and rolled out the wholesale & retail outlet business

2013

  • Established Daiwa Baoye (Wuxi) Property Management Co., Ltd., a condominium management company, in the Chinese city of Wuxi
  • Established Baoye Daiwa Industrialized House Manufacturing Co., Ltd. in China for the production of components for factory-made low-rise housing

2014

  • Commenced joint business with the Lincoln Property Company in the United States

2015

  • Opened offices in Bangkok and Manila
  • Started single-family house construction and sale business in Malaysia
  • Began construction on combined development project for condominiums and commercial facilities in Australia
  • Participated in the planning of real estate development business in Vietnam
  • Began construction of factory for rental housing business in Vietnam

2016

  • Set up joint venture in Thailand with WHA Corporation and commenced logistics business

2017

  • Began business in Vietnam for development of a long-stay hotel and another hotel
  • Began joint planning of urban development project comprising condominiums and commercial facilities in Indonesia
  • Took over single-family home business of Stanley Martin Holdings in the US

2018

  • Commenced operation of Roygent Parks Hanoi (serviced apartments and hotel) in Hanoi
  • オStarted business of sale of building lots in Australia
  • Started single-family home business and condominium business in Thailand
  • Began development of logistics facilities in Malaysia
  • Began development of logistics facilities in Vietnam
  • Started rental housing development business under "Kenect" brand name, with AKARA Partners in the United States
  • Rawson Homes became consolidated subsidiary

2020

  • Purchased equity share in Trumark Companies
  • Stanley Martin Communities of the United States acquired the single-family homes business of Essex Homes Southeast
  • Purchased the "Trade" commercial facility in California and began business operation
  • Jan Snel Group of the Netherlands became subsidiary, now known as Daiwa House Modular Europe

2021

  • Castle Rock Communities, L.P. of the United States, became subsidiary
  • Daiwa House Logistics Trust listed on Singapore Exchange (SGX)

2022

  • Daiwa House Realty Mgt. Co., Ltd. opened Roynet Hotel Seoul Mapo
  • Daiwa House Modular Europe acquired existing factory in Germany to serve as a modular construction factory, the Group's third overseas manufacturing center

2023

  • Acquired and began operating the commercial facility "Village Center" in California
  • Trumark acquires JP Holdings, LLC (Wathen Castanos Homes) single-family home business
  • Started Australia's first joint venture with Lendlease, "Melbourne Quarter West"

2024

  • CastleRock Communities enters agreement to acquire the business of The Jones Company of Tennessee, LLC
  • Stanley Martin enters into agreement to acquire all interests in Prestige Corporate Development, LLC