Good Com Asset Co.,Ltd. [3475.T]
TOKYO, Apr 27 (Pulse News Wire) – Good Com Asset CO.,LTD. (3475.T) announced today that its board of directors resolved to sell properties through a fifth private fund aimed at achieving revenue of 2030 by selling self-branded Genovia condominium units.
This follows previous funds launched in July 2024, October 2024, April 2025, and September 2025. The sale includes ten Genovia condominium projects across various locations, totaling 584 units. Key properties include the Genovia Nishikawaguchi III project in Saitama, Kawaguchi Shi, featuring 111 units, and the Genovia Nakano Nakanogyo II project in Chiba, Funabashi Shi, comprising 96 units. The transaction involves a special purpose vehicle funded by anonymous partnerships including institutional investors.
The sales amount corresponds to approximately [NUM_1]% of the consolidated revenue for the fiscal year ending October 2025. Good Com Asset Investment Advising, a subsidiary, will manage part of the fund's portfolio, while Good Com Asset will handle property management and building management. Contract signing is scheduled for April 27, 2026, with delivery and settlement set for April 30, 2026. Sales recognition from this deal is expected on April 30, 2026, which has already been incorporated into the forecast for the fiscal year ending October 2026.
Any further significant developments will be disclosed promptly.
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