TOKYO, Mar 31 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located near the Tokyo Skytree.
The property, provisionally named DeLCCS East Nihonbashi, is situated within walking distance of the Toei Asakusa Line's East Nihonbashi Station and the Toei Shinjuku Line's Bakurocho-Yokoyama Station. It offers direct access to major business and commercial areas such as Shinjuku and Nihombashi, as well as popular tourist spots like Senzouza Theater and Asakusa. The property spans 1,489 square meters (693.43 tsubo) and consists of a reinforced concrete structure with 13 floors. Its primary purpose is residential leasing.
Funding for the acquisition was sourced through internal funds and loans from financial institutions. Regarding the transaction details, the company stated that due to confidentiality agreements with the seller, specifics such as the purchase price cannot be disclosed. Additionally, there are no significant capital, personal, or transactional relationships between Dear Life and the seller. In terms of future performance expectations, the acquired property is currently leased out, and its impact on the consolidated earnings for the fiscal year ending September 2026 is expected to be minor.
Should any developments arise that could significantly affect the company’s performance, Dear Life will promptly inform stakeholders.
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