Dear Life acquires new income-generating property in Tokyo

Dear Life Co., Ltd. (TSE:3245) has acquired a new income-generating real estate property, provisionally named "DeLCCS Higashi-Koenji." The property is located in Suginami-ku, Tokyo, a residential area within walking distance of Higashi-Koenji Station (5 minutes) and Shin-Koenji Station (6 minutes) on the Tokyo Metro Marunouchi Line. This location offers direct access to major business and commercial hubs like Ikebukuro, Shinjuku, and Tokyo Station.

The acquired property is a nine-story steel-reinforced concrete building with a total floor area of 890.28 square meters. It is designated for both residential and office use. The acquisition was funded through a combination of the company's own capital and borrowings from financial institutions.

Dear Life confirmed there are no capital, personal, or transactional relationships to disclose between the company and the seller, in accordance with a confidentiality agreement. The company anticipates the acquisition of this rental property will have a minor impact on its consolidated performance for the current fiscal year (ending September 2026).