Daily Archives: 2018-05-07

Is there any hot UR apartment to rent ? : Tips for hunting nice UR property in Japan

  (UR X IKEYA collaboration : IKEYA kitchen)

(UR X MUJI collaboration apartment in Kobe, Hyogo)

History and corporate structure of UR

It is worth knowing the background and character to deal with UR as they have started the operation as the government agency for housing.
Let me start with explaining the corporate structure and history of UR.

Their official name is ‘Urban Renaissance Agency’ (都市再生機構)and they are ’incorporated administrative agency’. (独立行政法人)
Officially speaking, they are not a part of the government organizations any more but still under the jurisdiction of
the Minister of Land, Infrastructure, Transport and Tourism (MLIT, 国土交通省)
All senior executives are amakudari from either cabinet office or MLIT.
Its capital is 107 billion yen and its number of employee is 3200.
Here is the brief history of UR.

Between 1975 and 1981
The organization provided housing and land through large-scale
development of new residential areas around major cities, which
were suffering from housing shortages due to high population and
industry concentration.
Representative projects include Chiba New
Town (Chiba Prefecture), Atsugi New Town (Kanagawa Prefecture)
and Izumi New Town (Osaka Prefecture).
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