August 31, 2018

Notice concerning reinforcement of the parting wall investigation organization

Leopalace21 Corporation sincerely apologizes for the distress and trouble we have caused our stakeholders, due to the problem of parting wall construction deficiencies.

In order to implement investigations concerning parting wall construction deficiencies at an even more accelerated pace, we have decided to reinforce the structure of the “Emergency Headquarters for Parting Wall Construction Deficiencies.” We have started with a team of 246 people as of June 20, 2018, and have currently expanded to a team of 1,085 people (including 405 people from external cooperative companies).

For properties which repairs were deemed necessary due to results of investigations, repair works are sequentially conducted after consultations with specific administrative agencies.

We ask tenants, apartment owners, and real estate management companies for their understanding while repair works take place.

Leopalace21 Corporation
Emergency Headquarters for Parting Wall Construction Deficiencies