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Tokyo's Kabutocho Area Trying to Lure Financial Startups

Tokyo's Kabutocho Area Trying to Lure Financial Startups

   Tokyo, Feb. 7 (Jiji Press)--Tokyo's Nihonbashi Kabutocho financial district, home to the Tokyo Stock Exchange, is trying to lure financial startups, particularly those in the asset management industry.
   Heiwa Real Estate Co., the owner of stock exchange buildings nationwide, is taking the lead in supporting emerging companies and facilitating town development in the district.
   Amid the ongoing influx of funds into Japan, which helped send the Nikkei stock average to 34-year highs last month, Heiwa Real Estate is also keen to lure foreign investors.
   In 2017, Heiwa Real Estate established FinGATE, a business support base, near the TSE. The facility provides offices, common meeting rooms and services to support regulatory registration procedures.
   "FinGATE provides an environment in which users find it easy to have consultations about work because there are colleagues, industry groups and administrative offices at hand," a Heiwa Real Estate official said.

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AFP-JIJI PRESS NEWS JOURNAL


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