Dear Life Acquires Fully Leased Mixed-Use Property in Higashi-Shinjuku

An update from Dear Life Co., Ltd. ( (JP:3245) ) is now available.

Dear Life Co., Ltd. has acquired a new income-producing property, tentatively named DeLCCS Higashi-Shinjuku, located in Wakamatsucho, Shinjuku-ku, Tokyo. The reinforced-concrete, nine-story building, designed for condominium and office use, is conveniently situated within walking distance of two Toei Oedo Line stations and was financed through a mix of internal funds and bank borrowings. While the seller and purchase price remain confidential, the company reports no special relationships with the seller and notes that, as the property is already leased, the resulting rental income is expected to have only a minimal impact on consolidated results for the fiscal year ending September 30, 2026, though any material change will be disclosed promptly.

The most recent analyst rating on (JP:3245) stock is a Buy with a Yen1229.00 price target. To see the full list of analyst forecasts on Dear Life Co., Ltd. stock, see the JP:3245 Stock Forecast page.

More about Dear Life Co., Ltd.

Dear Life Co., Ltd. is a Japan-based real estate company listed on the Tokyo Stock Exchange Prime Market (securities code 3245), engaged in acquiring, operating, and managing income-producing properties, with a focus on residential and mixed-use assets in urban areas.

Average Trading Volume: 479,605

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen56.33B

For detailed information about 3245 stock, go to TipRanks’ Stock Analysis page.