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Dear Life acquires income-generating property in Tokyo's Nerima Ward

November 19, 2025 at 03:19 AM UTCBy FilingReader AI

Dear Life Co. announced on November 19, 2025, the acquisition of an income-generating real estate property. The newly acquired asset, tentatively named "DeLCCS Nakamurabashi," is situated in Nakamurakita 4-chome, Nerima Ward. It boasts excellent transportation convenience, being a 2-minute walk from Nakamurabashi Station on the Seibu Ikebukuro Line, offering direct access to central Tokyo's business and commercial areas.

The property has a total floor area of 1,032.66 square meters and is an 8-story reinforced concrete building with one basement level and a rooftop. Its versatile use includes retail and residential units, catering to stable rental demand from families. The surrounding area is a well-established residential neighborhood with abundant daily amenities, including supermarkets, drugstores, and restaurants.

The acquisition was financed through a combination of self-funds and borrowings from financial institutions. While the acquisition price and the identity of the seller are undisclosed due to confidentiality agreements, Dear Life confirmed no capital, personal, or transactional relationships exist with the seller that require disclosure. The company anticipates that the rental income from this property will have a minor impact on its consolidated performance for the current fiscal year (ending September 2026).

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:3245Tokyo Stock Exchange

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