Komori
Other Disclosures3242URBANET CORPORATION CO.,LTD.Real estate

Notice Regarding the Acquisition of Land for Business Use: Higashi-Shinagawa Project

The company acquired business land in Higashishinagawa, Shinagawa-ku, Tokyo, and announced plans to develop an urban rental apartment building for single residents. The planned building will have 12 floors above ground and 29 units, although the plan may be changed in the future.

Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
166.29
m² (confirmed surveyed area)
Wording
Conditional
How definitive the wording is.

Announced details

Higashishinagawa Project (Urban Rental Apartment Building)
Applicable field (uses covered by this announcement)

Real estate development; urban rental apartment buildings

Location (as indicated in this announcement)

Higashi-Shinagawa, Shinagawa-ku, Tokyo

Land area: 166.29 sq m; 12-story above-ground reinforced-concrete building; 29 total units (project outline)

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredHigashishinagawa Project (Urban Rental Apartment Building)
Applicable areaReal estate development; urban rental apartment buildings
LocationHigashi-Shinagawa, Shinagawa-ku, Tokyo
Location scaleLand area: 166.29 sq m; 12-story above-ground reinforced-concrete building; 29 total units (project outline)
Items this document does not state (14)
CounterpartyCounterparty overviewRelationship with the CompanyContract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historyImpact on Business PerformanceSource

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 land was acquired for the development of an urban rental apartment building. The company aims to capture the location’s characteristics and rental demand and use its real estate development expertise to provide comfortable, functional living spaces.

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 Regarding the Acquisition of Land for Business Use: Higashi-Shinagawa Project | URBANET CORPORATION CO.,LTD. (3242) timely disclosure | Komori