Announced details
Rental residences, value enhancement of existing buildings, multi-family housing
There are no capital, personal or business relationships requiring disclosure between the Company and the acquisition counterparty. There are also no issues concerning the counterparty’s status.
1-1-14 Chitosedai, Setagaya-ku, Tokyo, 1-5-18 Takanawa, Minato-ku, Tokyo
Although expenses related to the acquisition will be incurred, the Company believes that the impact on consolidated earnings for the fiscal year ending December 2026 will be immaterial.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | LUMIEC un CHITOSEFUNABASHI, LUMIEC un SHIROKANETAKANAWA, LUMIEC un |
| Relationship with the Company | There are no capital, personal or business relationships requiring disclosure between the Company and the acquisition counterparty. There are also no issues concerning the counterparty’s status. |
| Applicable area | Rental residences, value enhancement of existing buildings, multi-family housing |
| Location | 1-1-14 Chitosedai, Setagaya-ku, Tokyo, 1-5-18 Takanawa, Minato-ku, Tokyo |
| Location scale | LUMIEC un CHITOSEFUNABASHI: 70 units, site area of 1,477 m², total floor area of 4,124 m², LUMIEC un SHIROKANETAKANAWA: 22 units, site area of 440 m², total floor area of 1,292 m² |
| Impact on Business Performance | Although expenses related to the acquisition will be incurred, the Company believes that the impact on consolidated earnings for the fiscal year ending December 2026 will be immaterial. |
Items this document does not state (12)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To expand the value-add rental apartment business by leveraging the Company’s development expertise, and to actively pursue value enhancement of existing buildings and collaboration with other developers.