Announced details
Apartment buildings and income-producing real estate
The disclosure states that there are no capital or personal relationships.
3-chome Matsugaya, Taito-ku, Tokyo
The Company expects the near-term impact on consolidated results to be minor. It will make a timely disclosure if a material impact becomes clear.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Income-producing real estate (regenerated existing housing stock) |
| Relationship with the Company | The disclosure states that there are no capital or personal relationships. |
| Applicable area | Apartment buildings and income-producing real estate |
| Location | 3-chome Matsugaya, Taito-ku, Tokyo |
| Location scale | Total floor area: 2,606.96 sq m; 29 units; 12-story steel-framed reinforced-concrete building |
| Impact on Business Performance | The Company expects the near-term impact on consolidated results to be minor. It will make a timely disclosure if a material impact becomes clear. |
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.The Company is promoting the acquisition and sale of high-quality income-producing real estate, mainly in the Tokyo metropolitan area, in order to leverage the potential of existing buildings, add value through its real estate development expertise, and sell the properties as regenerated existing housing stock.