Lead Real Estate (LRE)

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Lead Real Estate Co., Ltd American Depositary Shares Transferred to Nasdaq Capital Market
Globenewswire· 2025-04-01 01:05
Core Points - Lead Real Estate Co., Ltd has successfully transferred its American Depositary Shares (ADSs) from The Nasdaq Global Market to The Nasdaq Capital Market, effective March 27, 2025 [1][2] - The transfer was approved following an application submitted on March 17, 2025, and trading of the ADSs under the symbol "LRE" remains unaffected [1][2] - The company anticipates that a hearing held on March 20, 2025, will likely be rendered moot due to the approval of the transfer [2] Company Overview - Lead Real Estate Co., Ltd is a Japanese developer specializing in luxury residential properties, including single-family homes and condominiums, primarily in Tokyo, Kanagawa prefecture, and Sapporo [3] - The company also operates hotels in Tokyo and leases apartment units to individual customers in Japan and Dallas, Texas [3] - The company's mission focuses on providing stylish, safe, and luxurious living, while its vision emphasizes continuous improvement and leveraging its strong market position in the luxury residential property sector [4]
Lead Real Estate Co., Ltd Anticipates Completion of New Hotel, ENT TERRACE ASAKUSABASHI, in Tokyo
Globenewswire· 2025-03-26 13:20
Core Insights - Lead Real Estate Co., Ltd (LRE) is set to complete the construction of its extended stay hotel, ENT TERRACE Asakusabashi, in April 2025 [1] - The hotel features 8 rooms, is constructed from reinforced concrete, and has 9 floors above ground with a building area of 564.67 square feet and a land area of 821.7 square feet [2] - The Asakusabashi district, where the hotel is located, is known for its rich history as a transportation hub and wholesale district, contributing to a unique downtown atmosphere [2][3] Company Overview - Lead Real Estate Co., Ltd specializes in luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo [6] - The company also operates hotels in Tokyo and leases apartment units in Japan and Dallas, Texas [6] - The company's mission focuses on providing stylish, safe, and luxurious living, while its vision emphasizes continuous improvement and leveraging its strong market position [7] Hotel Features and Location - ENT TERRACE Asakusabashi is strategically located with high accessibility, being only a 4-minute walk from Asakusabashi station, which connects to major stations like Tokyo station (10 minutes) and Shinagawa station (20 minutes) [5] - The surrounding area includes a diverse selection of restaurants and the Asakusabashi Wholesale District, attracting handmade and DIY enthusiasts due to its variety of specialty stores [3][5]
Lead Real Estate Co., Ltd Announces Plan of New Hotel, ENT TERRACE TSUKIJI 6 CHOME, where the Urban Development Project of the Decade in Tokyo is Taking Place
Globenewswire· 2025-03-14 12:30
Company Overview - Lead Real Estate Co., Ltd is a Japanese real estate developer specializing in luxury residential properties, including single-family homes and condominiums across Tokyo, Kanagawa prefecture, and Sapporo [3][8] - The company also operates hotels in Tokyo and leases apartment units to individual customers in Japan and Dallas, Texas [8] Project Announcement - The company announced plans for the construction of an extended stay hotel named ENT TERRACE Tsukiji 6 Chome, located in Tsukiji, Chuō-ku, Tokyo [3][4] - The hotel will feature 8 rooms, constructed from reinforced concrete, with 9 floors above ground, covering a building area of 6,698 square feet and a land area of 1,016 square feet [4] Location and Community Development - The hotel is situated in Tsukiji, an area known for its world-class restaurants and historical significance as the site of the world's largest fish market [5] - The project is part of the ongoing Tsukiji District Community Development Project initiated by the Tokyo Metropolitan Government in March 2022, aimed at transforming Tsukiji into a "waterfront city" [5][8] Project Details - The project site covers an area of 19 hectares with an estimated total construction cost of 600 million dollars [8] - The development will include a multifunctional super facility with a capacity for approximately 50,000 people, a new subway station, and boat transportation facilities [8]
Lead Real Estate Co., Ltd Anticipates Completion of New Condominium, EXCELSIOR NAKAMEGURO, in Tokyo
Globenewswire· 2025-02-24 13:30
Core Insights - Lead Real Estate Co., Ltd (LRE) is set to complete the construction of its luxury condominium, EXCELSIOR NAKAMEGURO, on February 28, 2025, located in Tokyo, Japan [1][11]. Company Overview - Lead Real Estate Co., Ltd specializes in developing luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo [11]. - The company also operates hotels in Tokyo and leases apartment units in Japan and Dallas, Texas [11]. - LRE aims to provide stylish, safe, and luxurious living, adopting a Kaizen approach for continuous improvement in operations [12]. Property Details - EXCELSIOR NAKAMEGURO is a 10-unit property constructed from reinforced concrete, featuring three floors above ground, with a building area of 4,667 square feet and a land area of 2,805 square feet [2]. - The property is informally named "Green Path," situated along the Jakuzure River Green Way, providing tenants with access to nature throughout the year [10]. - The location offers high accessibility to various amenities, including sports facilities, hospitals, schools, and parks, all within walking distance [10]. Location Highlights - Nakameguro is characterized by its blend of luxury and nature, featuring cherry blossoms, coffee shops, and vintage stores, making it a desirable area for residents [3]. - The property is conveniently located near Nakameguro Station, enhancing its appeal for potential buyers [8][11].
Lead Real Estate Co., Ltd Anticipates Completion of New Condominium, EXCELSIOR NAKAMEGURO, in Tokyo
Newsfilter· 2025-02-24 13:30
Core Viewpoint - Lead Real Estate Co., Ltd is set to complete the construction of its luxury condominium, EXCELSIOR NAKAMEGURO, on February 28, 2025, enhancing its portfolio in the luxury residential market in Japan [1][6]. Company Overview - Lead Real Estate Co., Ltd specializes in developing luxury residential properties, including single-family homes and condominiums, primarily in Tokyo, Kanagawa prefecture, and Sapporo [6][8]. - The company also operates hotels in Tokyo and leases apartment units in Japan and Dallas, Texas [6]. Property Details - EXCELSIOR NAKAMEGURO is a 10-unit property located in Kamimeguro, Meguro, Tokyo, featuring reinforced concrete construction with three floors above ground [2]. - The building has a total area of 4,667 square feet and a land area of 2,805 square feet [2]. Location and Amenities - The property is situated in Nakameguro, an area known for its blend of nature and luxury, with attractions such as cherry blossoms along the Meguro River [3]. - It offers high accessibility to recreational facilities, including golf courses and tennis courts, all within walking distance [5]. - Nearby amenities include hospitals, schools, and parks, enhancing the living experience for residents [5]. Company Mission and Vision - The company's mission focuses on providing stylish, safe, and luxurious living environments [7]. - It aims to adopt a Kaizen approach for continuous improvement and leverage its strong market position in the luxury residential sector [7].
Lead Real Estate Co., Ltd Announces Receipt of Nasdaq Delisting Determination
Newsfilter· 2025-02-19 00:30
Core Viewpoint - Lead Real Estate Co., Ltd has received a determination letter from Nasdaq regarding the delisting of its securities due to non-compliance with the market value requirement of at least $5,000,000 [1][2]. Company Overview - Lead Real Estate Co., Ltd is a Japanese developer specializing in luxury residential properties, including single-family homes and condominiums, primarily in Tokyo, Kanagawa prefecture, and Sapporo [4]. - The company also operates hotels in Tokyo and leases apartment units in Japan and Dallas, Texas [4]. Delisting Details - The company was notified on February 12, 2025, that it has not regained compliance with Nasdaq Listing Rule 5450(b)(1)(C) [1]. - Trading of the company's American Depositary Shares will be suspended on February 21, 2025, unless an appeal is filed [2]. - The company intends to appeal the delisting determination by requesting a hearing by 4:00 p.m. (Eastern Time) on February 19, 2025 [3]. Company Mission and Vision - The company's mission is to provide stylish, safe, and luxurious living [5]. - The vision includes adopting a Kaizen approach for continuous improvement and leveraging its strong market position to create a global transaction platform for luxury properties [5].
Two Lead Real Estate ENT TERRACE Hotels Win Booking.com Traveler Review Awards
Newsfilter· 2025-02-14 13:30
Core Points - Lead Real Estate Co., Ltd (LRE) announced that its ENT TERRACE ASAKUSA and ENT TERRACE AKIHABARA hotels received Booking.com's 13th Annual Traveler Review Awards 2025, highlighting the company's commitment to luxury hospitality [1][2] - This marks the first award for ENT TERRACE ASAKUSA and the second consecutive award for ENT TERRACE AKIHABARA, based on over 360 million trusted reviews [2] - LRE's CEO, Eiji Nagahara, expressed honor in receiving the award and emphasized the company's dedication to providing luxurious hospitality [3] Company Overview - Lead Real Estate Co., Ltd is a Japanese developer specializing in luxury residential properties, including single-family homes, condominiums, and hotels, primarily in Tokyo, Kanagawa Prefecture, and Sapporo [1][4] - The company's mission focuses on offering stylish, safe, and luxurious living, while its vision includes adopting a Kaizen approach for continuous improvement and creating a global transaction platform for prime Japanese and overseas condominiums [4]
Lead Real Estate Co., Ltd. Announces Business Alliance Agreement with Prostyle Design Co., Ltd.
Newsfilter· 2025-01-23 13:31
Core Viewpoint - Lead Real Estate Co., Ltd has entered into a business alliance with Prostyle Design to enhance the value of luxury residential properties in prime Tokyo locations targeting ultra-wealthy clients [1][2]. Group 1: Company Overview - Lead Real Estate Co., Ltd is a Japanese developer specializing in luxury residential properties, including single-family homes, condominiums, and hotels, primarily in Tokyo, Kanagawa Prefecture, and Sapporo City [1][4]. - The company aims to provide stylish, safe, and luxurious living experiences while adopting a continuous improvement approach (Kaizen) to enhance its operations [5]. Group 2: Business Alliance Details - The alliance with Prostyle Design, effective from November 28, 2024, focuses on the procurement, planning, development, and sales of luxury properties, utilizing world-class design and high-end furniture [1][2]. - Prostyle Design specializes in luxury interior design, emphasizing a lifestyle that integrates food, clothing, shelter, and pleasure [3]. Group 3: Market Position and Vision - Lead Real Estate seeks to leverage its award-winning luxury homes and strong market position to create a global transaction platform for accessing prime Japanese and overseas condominiums, including those in the U.S. and Hong Kong [5].
Lead Real Estate Co., Ltd. Announces Sale of Two Luxury Condominium Buildings in Prime Locations in Tokyo
Newsfilter· 2025-01-13 13:30
TOKYO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd. (NASDAQ:LRE) ("LRE" or "the Company"), a Japanese real estate developer of luxury residential properties including single-family homes and condominiums across Tokyo, Kanagawa prefecture and Sapporo, today announced that in December 2024, it completed the sale and delivery of two newly built luxury income-producing condominium buildings in prime locations in Tokyo. A 3-unit property, Excelsior Nishi Azabu 2 Chome, in Minato-ku, Nishi Azabu, ...
Lead Real Estate Co., Ltd. President's Interview Appears in Bloomberg Businessweek
Newsfilter· 2024-12-13 13:30
TOKYO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd. (NASDAQ:LRE) ("LRE" or "the Company"), a Japanese real estate developer of luxury residential properties including single-family homes and condominiums across Tokyo, Kanagawa prefecture and Sapporo, today announced a high-profile interview with President Eiji Nagahara in Bloomberg Businessweek published on December 1st. Management feels that the history and reach of Bloomberg Businessweek will help to spread the story of Lead Real Estate. " ...