Daiwa Living Australia aims to expand its business into new regions together with Nesuto Hotels & Apartment Hotels,^* which develops serviced apartments, apartment hotels and hotels in Australia and New Zealand.

* Nesuto:
A serviced apartments, apartment hotels and hotels management company jointly held by Daiwa Living Australia Pty Ltd (95%) and Cosmos Australia Pty Ltd (Daiwa House Group) (5%); the Nesuto Group manages approximately 1,500 properties in Australia and New Zealand.