DEAR LIFE Acquires Revenue-Generating Real Estate in Strategic Location
TOKYO, Jul 31 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today the acquisition of revenue-generating real estate located near JR Keihin-Tohoku Line's "Ōmori" Station and Keikyu Line's "Rikugi" Station, within walking distance.
The property offers direct access to major business areas such as Shinagawa, Shiodome, and Haneda Airport, enhancing its appeal for diverse residential needs ranging from singles to families. The acquired property, tentatively named DeLCCS Ōmori II, spans 754.07 square meters (228.11 tsubo) and consists of a five-story reinforced concrete structure. It includes residential units and office space. The company plans to enhance the property through renovations and lease upgrades to ensure stable income generation.
Funding for the purchase was sourced from internal funds and bank loans. Regarding transaction specifics, due to confidentiality agreements with the seller, detailed information about the buyer and price remains undisclosed. However, there are no significant capital, personal, or transactional relationships between Dear Life and the seller. The company expects minimal impact on its consolidated performance for the fiscal year ending September 2026, but will promptly inform stakeholders of any future developments affecting earnings significantly.
