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Dear Life Co., Ltd. Acquires Income-Producing Tokyo Property

Story Highlights
  • Dear Life Co., Ltd. focuses on urban income-producing real estate and condominiums.
  • Acquiring ‘DeLCCS Yutenji II’ aims to grow its portfolio with minimal near-term financial impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dear Life Co., Ltd. Acquires Income-Producing Tokyo Property

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Dear Life Co., Ltd. ( (JP:3245) ) has issued an announcement.

DEAR LIFE CO., LTD. announced the acquisition of a leased condominium property, ‘DeLCCS Yutenji II,’ in Tokyo. This strategic move is funded through internal capital and borrowings and demonstrates the company’s focus on strengthening its portfolio of income-producing assets. However, the rental income from this acquisition is expected to have minimal immediate financial impact on the fiscal year ending September 30, 2026.

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. operates in the real estate industry, focusing on income-producing properties and condominiums primarily in urban areas of Japan.

Average Trading Volume: 466,683

Technical Sentiment Signal: Buy

Current Market Cap: Yen53.23B

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

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