Dear Life Co.,Ltd.
Notice Regarding Acquisition of Land for Condominium Development
Dear Life Co., Ltd. has acquired land (911.46㎡) in Nakacho, Itabashi Ward, and plans to develop an 8-story reinforced concrete condominium with 69 units. Some sales are expected in the fiscal year ending September 2028, and the impact on current period earnings is considered minor.
Key Figures
- Site Area of Acquired Property: 911.46 ㎡ (approximately 275.72 tsubo)
- Planned Exclusive Floor Area: 2,669.71 ㎡ (approximately 807.59 tsubo)
- Planned Number of Units: 69 units
AI要約
Overview of Acquired Property
Dear Life Co., Ltd. has acquired land (site area of 911.46㎡) located in Nakacho, Itabashi Ward. The property is conveniently located a 6-minute walk from Nakaitabashi Station and 10 minutes from Oyama Station on the Tobu Tojo Line, with surrounding amenities including shopping streets, daily life facilities, and natural environments. The company plans to develop a reinforced concrete condominium building with 8 stories and 69 units, focusing on urban accessibility and lifestyle convenience for singles and DINKS (dual income, no kids) segments, to be supplied to domestic and overseas investors and sales companies.
Acquisition Terms and Future Outlook
The acquisition funding consists of own funds and borrowings from financial institutions. The seller and acquisition price are confidential due to non-disclosure obligations. There are no capital or personnel relationships with the seller, and no issues exist. Revenue is expected to partially contribute to sales in the fiscal year ending September 2028, with minimal impact on consolidated earnings for the current fiscal year. The company will promptly disclose any material impact if it becomes apparent.
Dear Life Co., Ltd.
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