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Further Improvement of Nihonbashi Life Science Base

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Establishes shared office space in the fourth base
Expands the capacity of communication lounges, meeting rooms and conference rooms

Mitsui Fudosan Co., Ltd. (Head office: Chuo-ku, Tokyo; President and Chief Executive Officer: Masanobu Komoda; hereinafter "Mitsui Fudosan") announced today that it will expand the capacity of Nihonbashi Life Science Hub as part of its Nihonbashi Life Science Innovation Promotion Project jointly implemented with the general incorporated association Life Science Innovation Network Japan, Inc. (Chairman of the Board: Hideyuki Okano; hereinafter "LINK-J").

The three existing Nihonbashi Life Science base are currently occupied by 57 corporations and organizations, and have been used as places for innovation by 227 LINK-J members (number of corporate and individual members as of May 30, 2018) to facilitate human and technology exchanges. There were 380* events and programs organized at Nihonbashi Life Science base in 2017. * Only including open events and programs organized for over 30 people.

The shared office space established within Nihonbashi Life Science Building (2-3-11, Nihonbashi-honcho, Chuo-ku; hereinafter "LSB") in April 2017 was favorably received. After only one year, it is almost fully occupied. The communication lounge is used often and demand is increasing for more meeting rooms and conference rooms to accommodate large-scale interactions and collaboration events, as well as the number of requests for more functions that LINK-J members can use.

A new shared office space will be established in the fourth location (Tosho Building 8th floor, 3-8-3, Nihonbashi-honcho, Chuo-ku) on June 1, 2018, to meet demand and to enable the first phase of Nihonbashi Life Science Hub's capacity expansion.

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The functions of the three existing hubs, including LSB, will be expanded as services for LINK-J members are successively improved.

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The series of updates will be carried out to establish an ecosystem* that Nihonbashi Life Science Innovation Promotion Project strives to achieve with a view to continue to provide an environment where industry-academia-government organizations can interact across sectors for co-creation.

*A system that allows life science-related corporations and organizations to congregate in Nihonbashi, and use Nihonbashi as a hub for creating new industries through interaction, development and collaboration.

<Attached documents>
1. Overview of Nihonbashi Life Science base
2. Key tenant corporations and organizations at Nihonbashi Life Science base

Further Improvement of Nihonbashi Life Science Base
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