Nomura Real Estate Holdings Inc., one of Japan¡¯s biggest listed property developers, sees electric vehicles as one key plank in its green building platform.

The company is constructing what it says will be Japan¡¯s first fully emissions-free condominium powered by gas and electricity ¡ª a high-rise luxury residential tower in Sagamihara, Kanagawa Prefecture ¡ª a city about an hour¡¯s drive from Tokyo. Every parking spot in the building¡¯s three-level basement will have its own electric-car charging point and the garage will also feature spare chargers for visitors.

¡°Electric cars will be widely adopted in the future,¡± Tetsumi Yoshimura, an executive officer at Nomura Real Estate, said. While EV penetration in Japan will still be low by 2025 when the condo is expected to be finished (it¡¯s running at about 1% currently), it¡¯s ¡°crucial to set up the hardware now for an EV era,¡± he said.