Dear Life Buys Nakano Condo, Expands Tokyo Portfolio

Dear Life Co., Ltd. has acquired an income-generating property known as (Tentative) DeLCCS Nakanofujimicho, located in Nakano-ku, Tokyo. The property is a reinforced concrete condominium building with nine floors above ground and one basement, totaling 3,645.68 m². It is situated a six-minute walk from Nakanofujimicho Station on the Marunouchi Line, offering convenient access to major stations like Shinjuku and Tokyo.

The acquisition was funded through a combination of internal capital and borrowings from financial institutions. Dear Life plans to improve the property's functionality through renovations and lease-up strategies to ensure stable revenue. The company stated that the rental income generated from this property is expected to have a minimal impact on consolidated financial results for the current fiscal year ending September 30, 2026.

The seller and purchase price remain undisclosed due to a confidentiality agreement. Dear Life confirmed that there are no reportable capital, personnel, or business relationships between the company and the seller.