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Real Estate3245DEAR LIFE CO.,LTD.

DEAR LIFE Acquires Revenue-Generating Property Near Tokyo Metro Station

TOKYO, Jul 09 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located near the West Kasai station on the Tokyo Metro Tozai Line. The pr

– Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located near the West Kasai station on the Tokyo Metro Tozai Line.

The property offers excellent accessibility to major business and commercial areas such as Marunouchi and Nihonbashi, within walking distance to multiple dining options, convenience stores, and supermarkets. The acquired property, tentatively named DeLCCS West Kasai, spans 983.74 square meters (297.58 tsubo) and consists of a seven-story reinforced concrete building. It will undergo interior and exterior renovations along with equipment upgrades to enhance functionality and lease rates, ensuring stable income generation.

Details of the transaction, including the purchase price, remain confidential due to a non-disclosure agreement with the seller. There are no significant capital, personal, or transactional relationships between Dear Life and the seller. Regarding future performance expectations, the company stated that the impact on its consolidated earnings for the fiscal year ending September 2026 would be minor since the property is currently leased out.

Any substantial changes affecting future earnings will be promptly disclosed.

PDFOriginal disclosureTDnet filing · Japanese · 12:30 JSTView original ↗
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