KE distinguishes itself further through our businesses
in Public Finance Initiatives (PFI) in the UK and Ireland,
together with logistics facilities and student dormitory projects in Central Europe.
Director, President and CEO
After joining Kajima, Mr Ichiki was engaged in structural design. He went on to study at the University of Pennsylvania in the United States. He has worked in the United Kingdom and the United States for more than twenty-five years. He was appointed to his current position in 2015.
Please briefly introduce Kajima Europe (KE).
Kajima’s activities in Europe began with the construction of the Berlin Grand Hotel in 1976. This was followed by several other projects and after completing the Berlin World Trade Center in 1987, KE was established in Amsterdam, the Netherlands. The headquarters were then relocated to London. At the moment, KE is engaged in construction projects including design-build, construction work and project management in Poland and the Czech Republic, and real estate development projects in the United Kingdom, France, Poland, Czech Republic, Germany and other countries.
What is special about KE?
Our goal is to expand our business portfolio in the United Kingdom and continental Europe in a seamless, well-balanced way. In Poland and the Czech Republic in Central Europe where the construction and real estate development divisions work together, we place importance on interdivisional collaboration. KE is not focused on appearances (sales volume) but on content and uniqueness. We believe that we can increase profits by continuing to differentiate ourselves from our competitors.
I believe Kajima Europe is the only Japanese general contractor that is doing PFI projects in the United Kingdom and Ireland, logistics facilities and student dormitories in Central Europe, and resort business in Southern France.
What is the best illustration of how KE is different your competitors?
That is best illustrated by PFI and logistics facilities businesses. The PFI assets that KE's subsidiary, Kajima Partnership (KPL), has accumulated through development and acquisition since 2000 are diverse and include schools, medical facilities, and developments for retirees and the elderly.
PFI projects guaranteed by the government provide stable earnings and offer good returns on investment so they fortify KE’s operations. The logistics facilities business originated from the fact that KE’s construction division had a great deal of experience in the construction of logistics facilities and manufacturing plants in Poland and the Czech Republic. The Real Estate Development division is jointly developing high-quality logistics facilities while building long-term relationships with partner companies in Poland introduced by the construction division. The construction division is then responsible for building the majority of these projects.
What do you plan to pursue for KE in the future?
Localisation is a prerequisite for expanding business overseas. After laying down a clear strategy (vision) for KE, we are establishing a system in which local executives drive business in both the construction and development divisions, including the identification of new business opportunities.
We will continue to expand our business platform. We believe that to be successful in this, it is important to build long-term relationships with reliable business partners alongside making new acquisitions. In May 2019, we acquired Student Depot, a company that develops and operates student dormitories in Poland, where demand for student dormitories is expected to grow. In October 2019, we also acquired Pario, a company that manages PFIs.
Business Locations and Service Areas
- Company name
- Kajima Europe Limited
- London, U.K.
- 100% Kajima Corporation
- Number of Employees
- 399 employees (as of September 2020)
Seconded from Kajima Corporation 15 employees (as of February 2021)
- Sales offices
- U.K., Poland, Czech Republic, France, Ireland
- Design and construction
- PFI projects
- Real estate development
- R & D
- Public facilities