TOKYO, Jun 25 (Pulse News Wire) – Dear Life CO.,LTD. (3245.T) announced today that it has acquired revenue-generating real estate located near the Otakayama station on the Tokyu Ikegami Line.
The property, named DeLCCS Otakayama (provisional name), is situated within walking distance of several business and commercial areas such as Gotanda and Kamata stations, offering excellent transportation convenience. The site features natural surroundings along the Tama River and parks, providing a serene living environment. It also benefits from numerous amenities including grocery stores, restaurants, drugstores, and financial institutions concentrated around the Otakayama station area, enhancing daily convenience for residents. Dear Life plans to enhance the property's functionality through equipment renovations and lease upgrades to ensure stable income generation.
The acquisition was funded through internal resources and bank loans. Details of the transaction, including the purchase price and seller, remain confidential due to a non-disclosure agreement. 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 will be minor since the property is currently leased out.
Any significant changes affecting future earnings will be promptly disclosed.
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