Dear Life acquires income-producing Tokyo property
Dear Life Co., Ltd. announced on December 19, 2025, the acquisition of an income-producing property named (Tentative) DeLCCS Omori, located at 6-chome, Minami-Oi, Shinagawa-ku, Tokyo. The property is an 8-story reinforced concrete condominium spanning 971.09 square meters. It is conveniently located a 6-minute walk from Omori Station (JR Keihin-Tohoku lines) and a 12-minute walk from Omori-Kaigan Station (Keihin-Kyuko lines), offering excellent access to major business and commercial hubs like Shinbashi, Shinagawa, and Tokyo Stations.
The acquisition was financed through a combination of internal capital and borrowings from financial institutions. Due to a confidentiality agreement with the seller, Dear Life has not disclosed the seller's identity or the purchase price. The company confirmed there are no capital, personnel, or business relationships between Dear Life and the seller that require disclosure.
Dear Life anticipates that the rental income generated from this currently leased property will have a minimal impact on its consolidated financial results for the fiscal year ending September 30, 2026. The company committed to making a prompt announcement if any material impact on its financial results becomes evident.
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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