estie to list on Tokyo Stock Exchange Growth market

estie, a commercial real estate data and AI specialist, has received approval for a new listing on the Tokyo Stock Exchange Growth market. The company is scheduled to list on November 6, with an estimated market capitalization of approximately 16.58 billion yen.

In conjunction with its upcoming listing, estie has entered into strategic partnership agreements to advance AI and digital transformation (DX) in the real estate sector. The company signed a basic agreement with Mitsui Fudosan to form hybrid teams of engineers and employees to solve business challenges through AI implementation and talent development. Additionally, estie has reached a similar agreement with Mitsubishi Estate aimed at enhancing value in the Otemachi, Marunouchi, and Yurakucho areas.

Founded in December 2018, estie provides a database and analytical tools for offices, logistics facilities, and rental housing. Its services are currently utilized by a significant portion of Japan's top 10 developers, J-REIT issuers, and major banks.