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Other Disclosures2986LA Holdings Co.,Ltd.Real Estate

Notice Concerning an Investment in a Private Fund and the Transfer of Real Estate Held by the Company

The Company has decided to make a silent partnership investment in a privately placed fund, while its subsidiary will transfer healthcare facilities it owns to the fund. The transaction covers 4 properties, including Family Hospice Futakotamagawa House.

Worth reading
68In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
58
¥100 million (total scheduled acquisition price of the 4 properties and fund asset size)
Wording
Conditional
How definitive the wording is.

Announced details

Privately placed fund (合同会社 Sanitas I) / healthcare facilities
Applicable field (uses covered by this announcement)

Healthcare real estate investment, acquisition and operation of healthcare facilities, and senior housing business

Contract Date31 March 2023 (the date on which LAアセット and Fanta entered into their capital and business alliance)
What the company reported numerically
Usage history

4 healthcare facilities that are already operating on a stable basis

Relationship between the counterparty and the company
LA Holdings Co.,Ltd.2986
Relationship with the Company

The Company will make a silent partnership investment in the fund, while its subsidiary, 株式会社LAアセット, will transfer real estate it owns to the fund. LAアセット entered into a capital and business alliance with Fanta on 31 March 2023.

Counterparty合同会社 Sanitas I, the Takashimaya Group (株式会社髙島屋, 株式会社東神開発 and 髙島屋ファイナンシャル・パートナーズ株式会社), 株式会社Fanta, ユニ・アジアキャピタルジャパン株式会社 and Fanta Investment Advisors

合同会社 Sanitas I is a privately placed fund with assets of approximately ¥5.8 billion and a term of approximately 5 years. 株式会社Fanta operates a healthcare real estate investment business, and its Representative Director is Kiyama Kenichi (木山憲一). Fanta Investment Advisors is a subsidiary of Fanta and is currently completing the registration process for its investment advisory and agency business. ユニ・アジアキャピタルジャパン株式会社 is an investment management company. 株式会社LAアセット is located in Minato-ku, Tokyo, and its Representative Director and President is Wakita Eiichi (脇田栄一).

Location (as indicated in this announcement)

3-39-9 Tamagawa, Setagaya-ku, Tokyo (Family Hospice Futakotamagawa House)

Total floor area of 1,944.37 m²; 4 properties covered by the transaction
Impact on Business Performance

The impact has already been reflected in the earnings forecast for the current consolidated fiscal year. The Company will promptly disclose any matters requiring disclosure that arise in the future.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredPrivately placed fund (合同会社 Sanitas I) / healthcare facilities
Counterparty合同会社 Sanitas I, the Takashimaya Group (株式会社髙島屋, 株式会社東神開発 and 髙島屋ファイナンシャル・パートナーズ株式会社), 株式会社Fanta, ユニ・アジアキャピタルジャパン株式会社 and Fanta Investment Advisors
Counterparty overview合同会社 Sanitas I is a privately placed fund with assets of approximately ¥5.8 billion and a term of approximately 5 years. 株式会社Fanta operates a healthcare real estate investment business, and its Representative Director is Kiyama Kenichi (木山憲一). Fanta Investment Advisors is a subsidiary of Fanta and is currently completing the registration process for its investment advisory and agency business. ユニ・アジアキャピタルジャパン株式会社 is an investment management company. 株式会社LAアセット is located in Minato-ku, Tokyo, and its Representative Director and President is Wakita Eiichi (脇田栄一).
Relationship with the CompanyThe Company will make a silent partnership investment in the fund, while its subsidiary, 株式会社LAアセット, will transfer real estate it owns to the fund. LAアセット entered into a capital and business alliance with Fanta on 31 March 2023.
Contract Date31 March 2023 (the date on which LAアセット and Fanta entered into their capital and business alliance)
Applicable areaHealthcare real estate investment, acquisition and operation of healthcare facilities, and senior housing business
Location3-39-9 Tamagawa, Setagaya-ku, Tokyo (Family Hospice Futakotamagawa House)
Location scaleTotal floor area of 1,944.37 m²; 4 properties covered by the transaction
Usage history4 healthcare facilities that are already operating on a stable basis
Impact on Business PerformanceThe impact has already been reflected in the earnings forecast for the current consolidated fiscal year. The Company will promptly disclose any matters requiring disclosure that arise in the future.
Items this document does not state (8)
Contract ValueOffering priceLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsSource

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.

The Company aims to improve capital efficiency by securitizing its held assets and earn stable investment returns through its silent partnership investment in the fund. It also aims to diversify potential future buyers of its assets and expand business synergies.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning an Investment in a Private Fund and the Transfer of Real Estate Held by the Company | LA Holdings Co.,Ltd. (2986) timely disclosure | Komori