Dear Life acquires income-generating property in Kitaiikebukuro

Dear Life Co., Ltd. has announced the acquisition of an income-generating property, provisionally named "DeLCCS Ikebukuro Honmachi," located in Ikebukuro Honmachi 1-chome, Toshima Ward. The property is a nine-story steel-framed building with a total floor area of 473.69 square meters, designated for residential use.

The property boasts excellent transportation access, being a seven-minute walk from Kitaiikebukuro Station on the Tobu Tojo Line, and offers convenient access to central Tokyo areas like Ikebukuro and Shinjuku. The surrounding area is characterized by a favorable living environment with numerous amenities, including a shopping street, supermarkets, and drugstores. The company plans to secure stable revenue through functional improvements and lease-up initiatives following the acquisition.

Funding for the acquisition was sourced from a combination of the company's own funds and borrowings from financial institutions. While the acquisition price and the seller remain undisclosed due to a confidentiality agreement, Dear Life confirmed no significant capital, human, or transactional relationships exist with the seller. The company anticipates a minor impact on its consolidated performance for the current fiscal year ending September 2026.