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Dear Life Co., Ltd. Acquires Land for New Condominium Project in Tokyo

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Dear Life Co., Ltd. Acquires Land for New Condominium Project in Tokyo

Elevate Your Investing Strategy:

Dear Life Co., Ltd. ( (JP:3245) ) has provided an update.

Dear Life Co., Ltd. has announced the acquisition of land in Toshima Ward, Tokyo, for a new condominium development project named the Kanamecho Project. The project will feature a five-story building with 43 residential units, and the revenue from this acquisition is expected to be recorded in the fiscal year ending September 2027, with minimal impact on the current fiscal year’s consolidated results.

More about Dear Life Co., Ltd.

Dear Life Co., Ltd. operates in the real estate industry, focusing on the development of residential properties, particularly condominiums. The company is listed on the Prime Market of the Tokyo Stock Exchange and aims to enhance urban living spaces through strategic property acquisitions and developments.

YTD Price Performance: 3.41%

Average Trading Volume: 142,813

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen44B

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