Lead Real Estate Co., Ltd Announces the Sale of a Planned Hotel, ENT TERRACE TSUKIJI 6 CHOME, Where the Urban Development Project of the Decade in Tokyo is Taking Place

Core Insights - Lead Real Estate Co., Ltd (LRE) has signed a sales contract for its planned hotel, ENT TERRACE Tsukiji 6 Chome, located in Tsukiji, Tokyo [2][10] - The hotel will feature eight extended-stay rooms and will be constructed with reinforced concrete, comprising nine floors above ground [3][9] - The Tsukiji District Community Development Project, initiated in March 2022, aims to revitalize the area into a "waterfront city" and enhance its cultural and historical significance [8][9] Company Overview - Lead Real Estate Co., Ltd specializes in luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa, and Sapporo [10][11] - The company operates hotels in Tokyo and leases apartment units in Japan and Dallas, Texas [10] - LRE's mission focuses on providing stylish, safe, and luxurious living, while its vision emphasizes continuous improvement and leveraging its strong market position [11] Project Details - ENT TERRACE Tsukiji 6 Chome will have a building area of 6,698 square feet and a land area of 1,016 square feet [3][9] - The total construction cost for the Tsukiji District Community Development Project is approximately 6 billion dollars [9] - The project site covers an area of 19 hectares and involves multiple participating companies, including Mitsui Real Estate and Toyota Automobile [9]