TOKYO, Apr 23 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located near JR Yamanote Line’s Harajuku Station and Tokyo Metro Chiyoda-Sobu Lines’ Meiji-jingumae Station.
The property, situated within walking distance from popular areas such as Omotesando and Shibuya, boasts high traffic convenience and commercial visibility due to its central location along Takeshita Street, known for youth culture and tourism. The acquired property spans 472.49 square meters (142.93 tsubo) and consists of a reinforced concrete structure with three floors above ground and one below. It is designated for retail and office use. Dear Life plans to enhance the property through interior and exterior renovations, equipment upgrades, and lease optimization to ensure stable income generation.
Details of the transaction, including the purchase price and seller identity, remain confidential due to non-disclosure agreements. The company confirmed there are no significant capital, personal, or transactional relationships between Dear Life and the seller. Regarding future performance forecasts, the company stated that the impact on the consolidated earnings for the fiscal year ending September 2026 will be minor due to the property being currently leased out. Any substantial changes affecting future earnings will be promptly disclosed.
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