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Other Disclosures8887SYLA Holdings Co.,Ltd.Real estate

Notice Regarding Completion of Payment for the Acquisition of Development Land for Property Sales

The consolidated subsidiary シーラ acquired development land in Fujisawa, Kanagawa, to construct and sell the SYFORME condominium brand, and completed settlement of the purchase.

Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
283.48
m² (site area)
Wording
Conditional
How definitive the wording is.

Announced details

SYFORME
Applicable field (uses covered by this announcement)

Construction and sale of multi-unit housing and condominiums

Relationship between the counterparty and the company
SYLA Holdings Co.,Ltd.8887
Relationship with the Company

There are no capital, personnel or business relationships requiring disclosure between the company and the seller.

Location (as indicated in this announcement)

Fujisawa, Kanagawa

Site area: 283.48 m²; total floor area: 1,330.97 m² (planned); 13-story reinforced-concrete building with a flat roof (planned)
Contract Value

Undisclosed (due to a confidentiality obligation with the seller)

Impact on Business Performance

The contribution to results from the acquisition of the development land is expected to begin in the fiscal year ending May 2029 or later.

The company does not address Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredSYFORME
Relationship with the CompanyThere are no capital, personnel or business relationships requiring disclosure between the company and the seller.
Contract ValueUndisclosed (due to a confidentiality obligation with the seller)
Applicable areaConstruction and sale of multi-unit housing and condominiums
LocationFujisawa, Kanagawa
Location scaleSite area: 283.48 m²; total floor area: 1,330.97 m² (planned); 13-story reinforced-concrete building with a flat roof (planned)
Impact on Business PerformanceThe contribution to results from the acquisition of the development land is expected to begin in the fiscal year ending May 2029 or later.
Items this document does not state (11)
CounterpartyCounterparty overviewOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historySource

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 construction and sale of the company's flagship condominium brand, SYFORME. The company expects stable rental demand in the area.

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 Completion of Payment for the Acquisition of Development Land for Property Sales | SYLA Holdings Co.,Ltd. (8887) timely disclosure | Komori