Solid Square

In response to the ever-increasing demand for energy conservation—heightened now by the SDGs—Solid Square, a landmark in Kawasaki, took advantage of an Azbil service to reduce its energy consumption. The service guarantees a certain level of success and does not require an initial investment. With improved operation of existing heat sources and air conditioning equipment, the property has enjoyed great energy savings and a significant reduction in operating costs.

Energy conservation: desired by society and a business strategy

Solid Square was completed in May 1995 and is located in Kawasaki, just outside of Tokyo. The facility, which stands out in the area, consists of two 24-story high-rise office buildings that include company and prefectural offices, sports clubs, and auditoriums. An atrium with a glass dome roof and a round pond at the entrance of the buildings make it a lively place for people to relax.

Solid Square is an investment fund property run by Tokio Marine Asset Management Co., Ltd. Profits from facility rental income and the like are distributed to investors. The company considered energy conservation measures, in addition to the continuing maintenance of the buildings, so as to improve the asset value and evaluation by investors.

“We had been focusing on making contributions to a sustainable society, as indicated by the SDGs.*1 Also, to differentiate ourselves and enhance our competitiveness in the real estate investment trust industry, we had to figure out how to increase the profits returned to investors by reducing equipment management costs, and how to promote internal growth,” says Akihiro Yoshida, a manager in the Japanese Property Asset Management Department of Tokio Marine Asset Management Co., Ltd.

This article was published in October 2021.