Daiwa Living Australia Pty Ltd was founded on December 9, 2016 as a local subsidiary fully owned by Daiwa Living Management. Since then, Cosmos Initia and Daiwa Living Management both group companies of the Daiwa House Group, acquired shares in the Nesuto Group, which develops serviced apartments in Australia and New Zealand, making it a subsidiary on February 28, 2017 so as to enter the market in said regions.
Taking advantage of our knowledge as cultivated in the rental housing management business in Japan, we would like to offer safe, secure, and comfortable spaces to our customers in Australia and New Zealand. Moreover, we aim to expand our business by creating new values as a member of "a group that is co-creating value for individuals, communities, and people's lifestyles."
Daiwa Living Australia Pty Ltd Director Shigeo Fujiwara