COMPANY·HISTORIES
NAIC 531120

Lessors of Nonresidential Property (Except Miniwarehouses)

How the companies in this industry began, and the forces that shaped them.

38companies1851–2001founding years38still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironment
FoundedGroupe Louis Dreyfus S.A.
1851
FoundedHongkong Land Holdings Limited
1889
FoundedAlexander & Baldwin, Inc.
1900
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedLand Securities PLC
1905
1908
TechnologyThe Ford Model T brings the automobile to the middle class.
1913
EconomyThe Federal Reserve is created.
1914
EconomyWorld War I begins; global trade reorders.
FoundedTaylor Woodrow plc
1921
1929
EconomyThe stock market crashes; the Great Depression begins.
1933
EconomyNew Deal reforms reshape banking and industry.
FoundedMitsubishi Estate Company, Limited
1937
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long postwar expansion begins.
1947
TechnologyThe transistor is invented at Bell Labs.
FoundedTrammell Crow Company
1948
FoundedSapporo Breweries Limited
1949
FoundedThe Rouse Company
1954
1956
EconomyThe Interstate Highway program remakes commerce.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedGenting Bhd.
1965
FoundedAEON Co., Ltd.
1969
FoundedNew World Development Company Limited
1970
EnvironmentThe EPA is founded; environmental regulation expands.
FoundedSealaska Corporation
1971
EconomyThe dollar leaves the gold standard; Nasdaq opens.
FoundedEmpresas Almacenes Paris S.A.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins with the Altair.
FoundedHenderson Land Development Company Ltd.
1976
FoundedCencosud S.A.
1978
1979
EconomyA second oil crisis drives inflation higher.
FoundedParque Arauco S.A.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedChelsfield PLC
1986
1987
EconomyBlack Monday: markets fall 22% in a single day.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2001
EconomyThe September 11 attacks; a recession follows.
2004
TechnologySocial media and Web 2.0 begin to take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Groupe Louis Dreyfus S.A. →
Active · founded 1851 · France
Groupe Louis Dreyfus S.A.
Groupe Louis Dreyfus S.A. →
Active · founded 1851 · France
Groupe Louis Dreyfus S.A.
Hongkong Land Holdings Limited →
Active · founded 1889 · Hong Kong
Hongkong Land Holdings Limited is one of Hong Kong's foremost property investment, development, and management…
Hongkong Land Holdings Limited →
Active · founded 1889 · Hong Kong
Hongkong Land Holdings Limited is one of Hong Kong's foremost property investment, development, and management…
Alexander & Baldwin, Inc. →
Active · founded 1900
Alexander & Baldwin, Inc., one of the original 'Big Five' Hawaiian companies, is a diversified corporation with…
Alexander & Baldwin, Inc. →
Active · founded 1900
Alexander & Baldwin, Inc., one of the original 'Big Five' Hawaiian companies, is a diversified corporation with…
Land Securities PLC →
Active · founded 1905 · United Kingdom
Unlike most of its competitors, Land Securities PLC has achieved and maintained its position as the United Kingdom's…
Land Securities PLC →
Active · founded 1905 · United Kingdom
Unlike most of its competitors, Land Securities PLC has achieved and maintained its position as the United Kingdom's…
Taylor Woodrow plc →
Active · founded 1921 · United Kingdom
Taylor Woodrow plc is a major U.K.-based home builder and property developer and lessor.
Taylor Woodrow plc →
Active · founded 1921 · United Kingdom
Taylor Woodrow plc is a major U.K.-based home builder and property developer and lessor.
Mitsubishi Estate Company, Limited →
Active · founded 1937 · Japan
A unit of the Mitsubishi Group, Mitsubishi Estate Company, Limited (MEC) is one of the foremost real estate management,…
Mitsubishi Estate Company, Limited →
Active · founded 1937 · Japan
A unit of the Mitsubishi Group, Mitsubishi Estate Company, Limited (MEC) is one of the foremost real estate management,…
Trammell Crow Company →
Active · founded 1948
Trammell Crow Company is one of the world's largest real estate management companies.
Trammell Crow Company →
Active · founded 1948
Trammell Crow Company is one of the world's largest real estate management companies.
Sapporo Breweries Limited →
Active · founded 1949 · Japan
Over the course of its more than 120-year history, Sapporo Breweries Limited has evolved from a government-owned beer…
Sapporo Breweries Limited →
Active · founded 1949 · Japan
Over the course of its more than 120-year history, Sapporo Breweries Limited has evolved from a government-owned beer…
The Rouse Company →
Active · founded 1954
One of the largest publicly held real estate development and management firms in the United States, The Rouse Company…
The Rouse Company →
Active · founded 1954
One of the largest publicly held real estate development and management firms in the United States, The Rouse Company…
Genting Bhd. →
Active · founded 1965 · Malaysia
Genting Bhd.
Genting Bhd. →
Active · founded 1965 · Malaysia
Genting Bhd.
AEON Co., Ltd. →
Active · founded 1969 · Japan
Formerly known as JUSCO AEON Co., Ltd.
AEON Co., Ltd. →
Active · founded 1969 · Japan
Formerly known as JUSCO AEON Co., Ltd.
New World Development Company Limited →
Active · founded 1970 · Hong Kong
Since its founding in 1970, New World Development Company Limited has been a leader in Hong Kong's bustling commercial…
New World Development Company Limited →
Active · founded 1970 · Hong Kong
Since its founding in 1970, New World Development Company Limited has been a leader in Hong Kong's bustling commercial…
Sealaska Corporation →
Active · founded 1971
A Native-owned corporation with more than 16,500 shareholders, Sealaska Corporation is the largest private landholder…
Sealaska Corporation →
Active · founded 1971
A Native-owned corporation with more than 16,500 shareholders, Sealaska Corporation is the largest private landholder…
Empresas Almacenes Paris S.A. →
Active · founded 1973 · Chile
Empresas Almacenes Paris S.A.
Empresas Almacenes Paris S.A. →
Active · founded 1973 · Chile
Empresas Almacenes Paris S.A.
Henderson Land Development Company Ltd. →
Active · founded 1976 · Hong Kong
Henderson Land Development Company Ltd.
Henderson Land Development Company Ltd. →
Active · founded 1976 · Hong Kong
Henderson Land Development Company Ltd.
Cencosud S.A. →
Active · founded 1978 · Chile
Cencosud S.A.
Cencosud S.A. →
Active · founded 1978 · Chile
Cencosud S.A.
Parque Arauco S.A. →
Active · founded 1981 · Chile
Parque Arauco S.A.
Parque Arauco S.A. →
Active · founded 1981 · Chile
Parque Arauco S.A.
Chelsfield PLC →
Active · founded 1986 · United Kingdom
Chelsfield PLC is one of the United Kingdom's major property development groups.
Chelsfield PLC →
Active · founded 1986 · United Kingdom
Chelsfield PLC is one of the United Kingdom's major property development groups.
Reading International Inc. →
Active · founded 2001
Reading International Inc., is focused on the ownership and development of real estate assets, concentrating its…
Reading International Inc. →
Active · founded 2001
Reading International Inc., is focused on the ownership and development of real estate assets, concentrating its…
Build It Today

Starting a lessors of nonresidential property (except miniwarehouses) company now

Each week we rebuild one of these stories for today's tools and capital.