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Dear Life Acquires Higashikoenji Income Property to Expand Rental Portfolio

Story Highlights
  • Dear Life acquired a nine-story condo and office building near Higashi-koenji Station in Tokyo.
  • The fully leased property, funded by capital and borrowings, is expected to have minimal impact on fiscal 2026 results.
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Dear Life Acquires Higashikoenji Income Property to Expand Rental Portfolio

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The latest announcement is out from Dear Life Co., Ltd. ( (JP:3245) ).

Dear Life Co., Ltd. has acquired a new income-producing property tentatively named DeLCCS Higashikoenji, a steel reinforced concrete, nine-story condominium and office building located in Tokyo’s Suginami Ward, a five-minute walk from Higashi-koenji Station. The acquisition, financed through a mix of internal funds and bank borrowings, supports the company’s strategy of expanding its portfolio of leased assets, though management expects the rental income from this fully leased property to have only a minimal impact on consolidated results for the fiscal year ending September 30, 2026, with any material changes to earnings to be disclosed promptly.

The most recent analyst rating on (JP:3245) stock is a Hold with a Yen1183.00 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 Japanese real estate company listed on the Tokyo Stock Exchange Prime Market (securities code 3245), engaged in acquiring, operating, and managing income-producing properties such as residential condominiums and offices, with a focus on urban locations like Tokyo that offer convenient access and stable rental demand.

Average Trading Volume: 467,772

Technical Sentiment Signal: Buy

Current Market Cap: Yen53.52B

See more data about 3245 stock on TipRanks’ Stock Analysis page.

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