TOKYO, Mar 31 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today that it has acquired land for a residential development project near major stations in Tokyo.
The property, located within walking distance of the Tobu Tojo Line's Nakahatake Bridge Station and Daibosatsu Station, offers excellent connectivity to central business districts such as Ikebukuro. The site features a vibrant local shopping street with various amenities and is situated alongside the scenic Sakura Boulevard along Ishikawa River, known locally as "Ibasho Tenkei." The area provides high living convenience and comfort for residents. Dear Life plans to develop a condominium targeting singles and young couples seeking proximity to urban centers. The project, tentatively named "Nakahatake Project," will consist of approximately 807.59 tsubo (about 2,665 square meters) of floor space across eight floors, featuring 69 units.
Financing will come from internal funds and bank loans. Development plans are subject to potential changes. Further details will be disclosed as necessary. The acquisition does not significantly impact the company’s fiscal performance forecast for the current fiscal year ending September 2028.
Any substantial future impacts will be promptly communicated.
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