Daiwa Living Australia aims to expand its business into new regions together with the Waldorf Group,^* which develops serviced apartments in Australia and New Zealand.

* Waldorf Group:
A serviced apartment management company jointly held by Daiwa Living Australia Pty Ltd (70%) and Cosmos Australia Pty Ltd (Daiwa House Group) (5%); the Waldorf Group manages approximately 1,500 properties in Australia and New Zealand.