DEAR LIFE Acquires Revenue-Generating Property Near Tokyo Station

TOKYO, Jul 29 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of a revenue-generating property located near the Seibu Ikebukuro Line's Nera Kamayanohigha station.

The property offers direct access to central areas such as Iidabashi and Ikebukuro stations within walking distance. Situated in a quiet residential area, the property features amenities like supermarkets and healthcare facilities nearby, enhancing its livability. It also benefits from proximity to natural environments and medical institutions, ensuring high-quality living conditions. The acquired property, tentatively named (Kanjo) DeLCCS Nera Kamayano, spans 2520.23 square meters (762.36 tsubo). It consists of a reinforced concrete structure with three floors. The property will undergo interior and exterior renovations along with equipment upgrades to enhance its rental income potential. Funding for the acquisition includes self-funds and loans from financial institutions.

Details of the transaction price and seller remain undisclosed due to confidentiality agreements. 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 the consolidated earnings for the fiscal year ending September 2026 would be minor due to the property being currently leased out. Any substantial changes affecting future earnings will be promptly disclosed. --- Dear Life CO.,LTD. aims to secure stable revenues through functional improvements and lease optimization post-acquisition. The property’s strategic location and comprehensive amenities make it a valuable addition to the company’s portfolio.