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Dear Life Acquires Income-Producing Condominium Property in Tokyo’s Omori Area

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Dear Life Acquires Income-Producing Condominium Property in Tokyo’s Omori Area

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

Dear Life Co., Ltd. has acquired a new income-producing residential property, a reinforced concrete eight-story condominium tentatively named DeLCCS Omori, located in Minami-Oi, Shinagawa Ward, Tokyo, within walking distance of Omori and Omori-Kaigan stations. The acquisition, financed through a mix of internal funds and bank borrowings, involves a currently leased property whose rental income is expected to have only a minimal impact on the company’s consolidated results for the fiscal year ending September 30, 2026, with management indicating it will disclose any material change in earnings outlook if one arises.

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 Japan-based real estate company listed on the Tokyo Stock Exchange Prime Market (securities code 3245), focusing on the acquisition, development, and operation of income-producing residential properties, particularly condominiums in urban areas such as Tokyo.

Average Trading Volume: 469,926

Technical Sentiment Signal: Buy

Current Market Cap: Yen53.23B

For an in-depth examination of 3245 stock, go to TipRanks’ Overview page.

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