SYLA Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Chairman and CEO: Hiroyuki Sugimoto; Securities Code: 8887; hereinafter "the Company"), a consolidated subsidiary of SYLA Holdings Co., Ltd. (hereinafter "SYLA HD"), announced today that it has completed the settlement for the acquisition of development land for properties for sale, as detailed below.

Development Plan Overview

Location: Yochomachi, Shinjuku-ku, Tokyo Usage: Land and multi-family housing Site Area: 557.35 m² (registered area) Total Floor Area: 2,290.65 m² (planned) Structure: Reinforced concrete, 10 stories above ground

This property was acquired for the sale of new condominiums for owner-occupiers (newly built condominiums for those purchasing as their own home). The Yochomachi area, where this property is located, is within walking distance of multiple train stations and is an area removed from the hustle and bustle of the city, where literati favored living during the Edo period, a place where history and tranquility coexist.

To continue supporting our customers' asset building, we will actively promote development projects in areas where future asset value appreciation is expected.

For more details, please check our company website. https://syla-holdings.jp/ir/investor_relations/

FACT BOX

  • Source: PR TIMES
  • Category: News