November 8, 2022
Press Release
Mitsubishi Estate Co., Ltd.
Tokyo Century CorporationDorchester Collection

TOKYO TORCH, A New Landmark in Japan Beckoning the WorldThe legendary-luxury brand Dorchester Collection will open its
first hotel in Asia within Torch Tower, the tallest building in Japan

Mitsubishi Estate Co., Ltd. and Tokyo Century Corporation announce today that Dorchester Collection, one of theworld's leading luxury brands, has been selected to manage the hotel within “Torch Tower”, the highest building inJapan. The hotel is scheduled to open in 2028.
Award-winning Dorchester Collection currently comprises nine iconic hotels in London, Paris, Milan, Rome,and Los Angeles. Next year the company will open its first hotel in the Middle East, The Lana, Dubai. Each ofthese hotels has a strong individuality rooted in the city’s culture and heritage, and forms an integral part of thelocal community. The highly anticipated hotel in Torch Tower will be the first Dorchester Collection hotel in Asia
, offering gracious Japanese hospitality, combined with the brand’s elevated service and experiences.

※※Note: “First in Asia” based on the assignment of countries to the Asian region on the website of Japan’s Ministry of Foreign Affairs.
Torch Tower(Scheduled for completion in FY2027)

HotelTokiwabashi Tower(Completed in 2021)▲Exterior image of the TOKYO TORCH district on opening (from Marunouchi side of JR Tokyo Station)

For further information
Corporate Communications Department, Mitsubishi Estate Co., Ltd. Tel: +81-3-3287-5200
This release is distributed to: The Ministry of Land, Infrastructure, Transport and Tourism Press Club; the Ministry of Land, Infrastructure,
Transport and Tourism Construction Specialty Publication Press Club, and the press club of the Tokyo Metropolitan Government.
■ Aims ofTOKYO TORCH and Dorchester Collection

TOKYO TORCH aims to become a "core of urban tourism" as the gateway to Tokyo and Japan, and the hotel is a
key component of this. Located in the upper floors of Torch Tower, the tallest building in Japan, the hotel offers apanoramic view of Tokyo Bay, the city centre, as well as of Mt. Fuji. The “SKY HILL” will become the symbol of
the hotel and the city itself, an oasis of tranquility where nature can be enjoyed through all one’s senses, creating aunique experience fused with the vibrancy of the hotel.
Combining these aspects with Dorchester Collection, which has carved its name in the history and culture ofmany parts of the world, the aim will be to create the only worldview with TOKYO TORCH, and a true luxury areain Tokyo/Japan that can be experienced nowhere else.

▲SKY HILL image

▲Main lobby▲Guest room

▲Entrance*Note: The perspective drawings shown here are as of the design stage and may differ from the final construction result.

■Comments from project representatives-Christopher Cowdray, chief executive officer of Dorchester Collection‘This new hotel will become a beacon for Japan’s ultra-luxury hotel landscape and set new benchmarks. Worldclass architects will inspire with their symbolic design torch concept, lighting up not only the future of Tokyo andJapan but also the world. Tokyo has long been an integral part of our growth strategy given it is a gateway to Asiaand its global significance, and to be partnering with the highly esteemed Mitsubishi Estate Co. Ltd. and Tokyo
Century Corporation is a true honour. Their core values are perfectly aligned with ours given the vision of ‘a lovefor people, a love for the city’ and our ‘We Care’ philosophy.’-Junichi Yoshida, President & Chief Executive Officer, Mitsubishi Estate Co., Ltd.
‘We are delighted to welcome the historic and traditional Dorchester Collection as our partner. We are confident
that by infusing the culture and hospitality that Dorchester Collection has cultivated over the years, the hotel will
provide a "one-of-a-kind experience" that is unique to this location.’-Yoichiro Nakai, Deputy President and Executive Officer, Tokyo Century Corporation‘It is a pleasure to have Dorchester Collection, which operates famous hotels around the world, become a part ofTOKYO TORCH, a symbol of our partnership of more than a decade with Mitsubishi Estate. I believe the brandphilosophy "one-of-a-kind experience” woven by Torch Tower as Japan’s tallest building and Dorchester
Collection will make Tokyo and Japan newly compelling.’

■About Dorchester Collection
DORCHESTER COLLECTION
Dorchester Collection is a portfolio of the world’s foremost luxury hotels and residences. The unique properties are
all legendary in their own right, with rich heritages and worldwide reputations as places offering the most soughtafter experiences of good living, charm, elegance, and unparalleled standards of service.

The current portfolio includes the following hotels:
THE DORCHESTER (London), 45 PARK LANE (London), COWORTH PARK (Ascot), LE MEURICE (Paris),HÔTEL PLAZA ATHÉNÉE (Paris), HOTEL PRINCIPE DI SAVOIA (Milan), HOTEL EDEN (Rome), THE
BEVERLY HILLS HOTEL (Beverly Hills), HOTEL BEL-AIR (Los Angeles), THE LANA (Dubai, Opening 2023)
Luxury residences include:
MAYFAIR PARK RESIDENCES (London), AVA AT PALM JUMEIRAH (Dubai), THE RESIDENCES (Dubai),
ONE AT PALM JUMEIRAH (Dubai)
FACEBOOK DC.Luxuryhotels

TWITTER DC_LuxuryHotels

PINTEREST DCluxuryhotels

INSTAGRAM DorchesterCollection#DCmoments

For more information, please visit https://www.dorchestercollection.com/en/▲Brand symbols of each Dorchester Collection hotel▲THE DORCHESTER (London)▲COWORTH PARK (Ascot)▲LE MEURICE (Paris)▲THE BEVERLY HILLS HOTEL (Beverly Hills)▲HÔTEL PLAZA ATHÉNÉE (Paris)▲HOTEL BEL-AIR (LA)■Overview of the Hotel- Location: Otemachi 2-chome, Chiyoda-ku, and Yaesu 1-chome, Chuo-ku, Tokyo- Hotel floors: 53rd to 58th floors (provisional; subject to change as plans continue to be studied)- Hotel floor area: approx. 21,400m2- Number of guest rooms: 110 rooms (provisional)- Provided facilities: Lobby lounge, all-day dining, specialty restaurants, banquet hall, fitness gym, spa, pool
- Start of construction: October 2023 (planned)- Completion: FY2027 (planned)- Hotel opening: FY2028 (planned)- Note: The name of the hotel will be decided upon further consideration.
■Project Overview
Name ofdistrict
Project nameSiteSite area
Gross floorarea
Specificationsof eachstructurePrimary uses
Total floor area
No. of floors/heightTOKYO TORCH
Otemachi 2-chome Tokiwabashi area first class urban area redevelopment project (Project executor: Mitsubishi
Estate Co., Ltd.)
Otemachi 2-chome, Chiyoda-ku and Yaesu 1-chome, Chuo-ku, Tokyo
Approx. 31,400m2
Approx. 740,000m2
Tokiwabashi Tower

Torch Tower

Electrical substation

Zenigamecho Building(Tower A)(Tower B)(Building C)(Building D)

Offices, retail, parking,etc.

Offices, hotel, GrandHall, rental housing

Approx. 146,000m2

Approx. 544,000m2

40 above-ground floors

62 above-ground floors

and 5 below-groundand 4 below-groundfloors/floors/

approx. 212 meters

approx. 390 meters

January 2018

FY2023End of June 2021

FY2027(planned)
Completion(planned)
Design and

Mitsubishi Jisho

Mitsubishi Jisho

supervision

Design Inc.

Design Inc.

Construction
Related rights
holders

Toda Corporation

parking, etc.

retail, parking, etc.

Start ofconstruction

Retail, electrical substation,

To be determined

Offices, sewage
pumping station,parking, etc.

Approx. 20,000m2

Approx. 30,000m2
9 above-ground floors

4 below-ground floors

and 3 below-groundfloors/approx. 53 meters

Phase I

Phase II

January 2018

FY2023End of June
2021

FY2027

Mitsubishi

Mitsubishi

Jisho Design

Jisho Design

Inc.

Inc.

April 2017

End of March 2022
Mitsubishi Jisho
Design Inc.
Nihon Suiko Sekkei
Co., Ltd.

Toda

To beSumitomo Mitsui

Corporation

determined

Construction Co., Ltd.

Mitsubishi Estate Co., Ltd., Tokyo Metropolitan Government Bureau of Sewerage, Daiwa Securities Group Inc.,
Isetan Mitsukoshi Holdings Ltd., TEPCO Power Grid, Inc., Otemachi Development Co., Ltd., Urban RennaissanceAgency, Tokiwabashi Event Space SPC, TOKYO390 SPC, and others

■Project map and layout▲Layout before redevelopment▲Project map■Torch Tower Project▲Building use of Torch Tower■Project website
URL: http://www.mec.co.jp/tokiwabashi/*Note: The information given in this press release is subject to change as studies and discussions continue.

▲Layout after redevelopment