A subsidiary of SYLA Holdings has decided to sell real estate held for sale and has entered into a construction contract for the building planned by the buyer.
SYLA Holdings Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Representative Director and Chairman: Hiroyuki Sugimoto; Securities Code: 8887; hereinafter "the Company") announces that its consolidated subsidiary, SYLA Co., Ltd., resolved at a Board of Directors meeting held today to sell real estate held for sale and to enter into a construction contract for the building that the buyer plans to construct on the site.
Overview of the Transaction
Real Estate Sales Contract
LocationIrie, Kanagawa-ku, Yokohama-shi, Kanagawa PrefectureTypeLandLand Area1,713.13 m² (measured area)
Construction Contract
UsageMulti-family housingFloor Area Ratio3,424.16 m² (planned)Structure/ScaleReinforced concrete, 6 stories above ground (planned)
FACT BOX
- Source: PR Times
- Category: News
FAQ
What is the main announcement made by SYLA Holdings Co., Ltd. today?
SYLA Holdings Co., Ltd. announced that its consolidated subsidiary, SYLA Co., Ltd., has resolved to sell real estate held for sale and enter into a construction contract for a new building.
What is the location of the real estate being sold by SYLA Co., Ltd.?
The real estate being sold is located in Irie, Kanagawa-ku, Yokohama-shi, Kanagawa Prefecture.
What is the type and measured area of the land involved in this transaction?
The type of real estate is land, and its measured area is 1,713.13 square meters.
What is the planned usage and scale of the building to be constructed on the site?
The planned usage for the building is multi-family housing, with a planned floor area ratio of 3,424.16 square meters and a structure of reinforced concrete, 6 stories above ground.
Which subsidiary of SYLA Holdings is directly involved in the sale of real estate and the construction contract?
SYLA Co., Ltd., a consolidated subsidiary of SYLA Holdings, is directly involved in the sale of real estate and the construction contract.
