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Lead Real Estate Co., Ltd Announces Sale of Two Apartment Hotels and Signing of Sales Contracts for Two Condominiums with Samurai Capital Co., Ltd
GlobeNewswire News Roomยท 2025-08-04 12:00
Core Viewpoint - Lead Real Estate Co., Ltd has engaged in significant transactions with Samurai Capital, selling long-term stay hotels and condominiums, indicating a strategic move to enhance its portfolio and operational capabilities in the luxury residential market in Japan [1][2][3]. Group 1: Transaction Details - The company has sold two long-term stay hotels, "Ent Terrace Akihabara" and "Ent Terrace Asakusa," and entered into trust beneficiary right purchase agreements for two condominiums, "Excelsior Shakujii-Koen" and "Excelsior Yokohama Enokicho," totaling approximately 5.3 billion yen in this round of transactions [2][3]. - The initial engagement with Samurai Capital began with a business alliance agreement on May 30, 2024, which included the first round of transactions worth over 4 billion yen [2]. Group 2: Future Prospects - On June 30, 2025, the company signed a memorandum of understanding for preferential negotiations regarding three long-term stay hotels currently scheduled for construction, indicating plans for future growth and development in the hospitality sector [4]. - The company aims to provide integrated services from planning to operation, enhancing customer satisfaction through a one-stop service model [4]. Group 3: Property Overviews - "Ent Terrace Akihabara" is an eight-room hotel in Chiyoda, Tokyo, featuring a building area of 4,870 square feet and designed for groups or families [6]. - "Ent Terrace Asakusa" is a nine-room hotel in Taito, Tokyo, with a building area of 8,719 square feet, offering both Japanese-style and Western-style rooms [9]. - "Excelsior Shakujii-Koen" is a 22-unit property in Nerima, Tokyo, with a building area of 13,021 square feet, located near Shakujii-Koen Station [11]. - "Excelsior Yokohama Enokicho" is a 30-unit property in Yokohama, Kanagawa, with a building area of 18,955 square feet, ideal for families due to its proximity to schools and parks [14]. Group 4: Company Overview - Lead Real Estate Co., Ltd specializes in luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa Prefecture, and Sapporo, and also operates hotels in Tokyo [15]. - 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 luxury residential properties [16].