TOKYO, Apr 28 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of revenue-generating real estate located near the Watatenokuchi Station on the Tokyo Metro Hanzomon Line and the Hibiya Station on the Tokyo Metro Hibiya Line.
The property offers direct access to major business and commercial areas such as Nihonbashi and Ginza stations, making it highly accessible via public transportation. The site is situated close to the bustling Watatenokuchi Street, known for its traditional restaurants and souvenir shops, attracting tourists both domestically and internationally. Despite its proximity to busy tourist spots, the surrounding area features quiet residential neighborhoods with apartment buildings, providing a serene living environment while maintaining excellent convenience. The acquired property, tentatively named DeLCCS Watatenokuchi, spans approximately 1199.48 square meters (362.84 tsubo). It consists of a seven-story reinforced concrete structure designed for medical facilities and shared housing.
Funding for the purchase was sourced through internal funds and loans from financial institutions. Regarding the transaction details, due to confidentiality agreements with the seller, specific information about the buyer and the purchase price remains undisclosed. However, there are no capital, personal, or transactional relationships between Dear Life CO.,LTD. and the seller that would raise concerns. In terms of future performance expectations, the company stated that since the property is currently leased out, the impact on the consolidated earnings for the fiscal year ending September 2026 will be minor.
Should significant impacts on future performance arise, the company pledged to promptly inform stakeholders.
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