Entry into the Business of Purchasing, Renovating, and Reselling Used Condominium Units

「During the interim consolidated accounting period, we sold 38 value-enhanced properties, including Uniden Hatchobori BL, HOTEL&SEMINAR Makuhari, and T's garden Fuchu, as well as 82 used condominium units. We acquired 20 properties in total, including income-generating office buildings and rental apartments, as well as 8 parcels of land and 132 used condominium units.」

「During the consolidated fiscal year, we sold 34 value-enhanced properties, including T's garden Toyocho, T's garden Higashiogu, and T's garden Nishiojima, as well as 105 used condominium units. We acquired 38 properties in total, including income-generating office buildings and rental apartments, as well as 5 parcels of land and 81 used condominium units.」

「During the first half, we sold 28 value-enhanced properties, including T's garden Nishiterao, Hatchobori Tosei Building II, and Rierre Ichigaya, as well as 65 used condominium units. We acquired 29 properties in total, including income-generating office buildings and rental apartments, as well as 9 parcels of land and 61 used condominium units.」

「During the first quarter cumulative period, the Company sold 20 value-up properties, including “T's garden Nishiterao” (Yokohama, Kanagawa), “Mikawajima Tosei Building” (Arakawa-ku, Tokyo) and “Field Yoyogi-Uehara” (Shibuya-ku, Tokyo), as well as 30 previously owned condominium units.」

「As part of initiatives to expand existing businesses, we strengthened our competitiveness in real estate transactions by promoting real estate acquisitions through M&A and providing real estate solutions mindful of environmental and social issues. We also added the Princess Group, which sells used condominium units individually, as a consolidated subsidiary, thereby expanding the types of assets handled and strengthening our capabilities.」

「During the first 9 months, we sold 36 value-enhanced properties, including Otsuka Tosei Building II, Kashiwa Tosei Building, and Stella Court Higashikojiya, as well as 90 used condominium units. We acquired 39 properties in total, including income-generating office buildings and rental apartments, as well as 10 parcels of land and 68 used condominium units.」

「During the first half, we sold 26 value-enhanced properties, including Otsuka Tosei Building II, Kashiwa Tosei Building, and Stella Court Higashikojiya, as well as 64 used condominium units. We acquired 31 properties in total, including income-generating office buildings and rental apartments, as well as 10 parcels of land and 47 used condominium units.」

「During the first quarter cumulative period, the Company sold 16 value-up properties, including “Otsuka Tosei Building II” (Toshima-ku, Tokyo), “Kashiwa Tosei Building” (Kashiwa, Chiba) and “Stella Court Higashikojiya” (Ota-ku, Tokyo), as well as 39 previously owned condominium units.」

「In the real estate revitalization business, sales of investment properties, including office buildings, logistics facilities, and income-generating apartments, were strong, and performance progressed steadily, including sales of individual condominium units, an area we entered in earnest in fiscal 2021.」

「During the first 9 months, we sold 34 value-enhanced properties, including the Central Minami-Otsuka Daiichi Building, and 101 used condominium units. We acquired 28 properties in total, including income-generating office buildings and rental apartments, as well as 4 parcels of land and 99 used condominium units.」

「During the first half, we sold 28 value-enhanced properties, including the Central Minami-Otsuka Daiichi Building, and 74 used condominium units. We acquired 21 properties in total, including income-generating office buildings and rental apartments, as well as 3 parcels of land and 75 used condominium units.」

「During the first quarter cumulative period, the Company sold 24 value-up properties, including “Ochanomizu Tosei Building” (Chiyoda-ku, Tokyo), “Hon-Atsugi Tosei Building II” (Atsugi, Kanagawa) and “Akihabara Tosei Building III” (Taito-ku, Tokyo), as well as 41 previously owned condominium units.」

「We have a track record in the Restyling business, which involves acquiring income-generating apartment buildings one building at a time, enhancing their value, and selling them as individually owned units. However, the acquisition, renovation, and resale of used condominium units individually handled by the Princess Group is a new business area for our group, and is expected to expand both our business areas and existing businesses.」