NTT Urban Development Corporation engages in the acquisition, development, sale, and management of real estate properties in Japan. It operates through Offices/Retail Business and Residential Business segments. The company is involved in the lease of office buildings, retail facilities, hotels, and other properties; sale of residential lots and other residential properties; real estate brokerage and appraisal activities; building design, construction, and construction supervising and commissioning operations; and sale and lease of office equipment, communications equipment, fixtures and fittings, and interior furnishings for office buildings and residences, as well as manages food and beverage facilities. It also engages in the construction and sale of residences; and provision of information gathering and management, and research and consulting related services to civil engineering, construction, and real estate sectors. In addition, the company operates, manages, and maintains buildings; manages, maintains, and sells condominiums under the Wellith brand; remodels rental buildings; manages parking lots; maintains underground passages; and operates restaurants, halls, conferences, etc. Further, it offers fee based homes for the elderly, home care service, and preventive long-term care services. The company was founded in 1986 and is headquartered in Tokyo, Japan. NTT Urban Development Corporation operates as a subsidiary of NTT Urban Solutions, Inc.,.