Dear Life acquires new income-generating property in central Tokyo
Dear Life Co., Ltd. announced today the acquisition of a new income-generating real estate property, provisionally named "DeLCCS Nakaochiai," located in Nakaochiai 4-chome, Shinjuku-ku, Tokyo. The property, a five-story reinforced concrete apartment building, is situated within walking distance of Ochiai-Minami-Nagasaki Station on the Toei Oedo Line (7 minutes) and Nakai Station on the Seibu Shinjuku Line (8 minutes).
The acquisition leverages the property's excellent transportation links, offering direct access to central Tokyo's business and commercial districts like Shinjuku. The surrounding area boasts a full range of lifestyle conveniences, including shopping malls, drugstores, and restaurants, making it attractive for a stable tenant base. The acquisition was funded through a combination of the company's own capital and borrowings from financial institutions.
While the specific acquisition price and seller details remain confidential due to a non-disclosure agreement, Dear Life confirmed no significant capital, human, or transactional relationships exist with the seller. The company anticipates that the rental income from this property will have a minor impact on its consolidated financial performance for the current period (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
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