Lead Real Estate announces sale of three luxury condominiums in Tokyo, Kanagawa

Lead Real Estate announced that, in June 2024, it completed the sale and delivery of three newly built single luxury income-producing condominiums in prime locations of Tokyo and Kanagawa, Japan. A 16-unit property, Excelsior Shinjuku Kawadacho, located in Shinjuku Kawadacho, Tokyo, is made from reinforced concrete and has one basement floor and three floors above ground. It has a building area of 8,203 square feet and land area of 3,301 square feet. The Excelsior Yokohama Nakayama, located in Yokohama Nakayama, Kanagawa, is a 19-unit property made from reinforced concrete. It has seven floors above ground, a building area of 12,949 square feet and land area of 3,690 square feet. A 20-unit property, Excelsior Yokohama Sakuragicho, located in Yokohama Sakuragicho, Kanagawa, is made from reinforced concrete and has 11 floors above ground. It has a building area of 9,795 square feet and land area of 1,344 square feet. Due to a confidentiality agreement with the seller, the seller and the sale price are not disclosed. There are no capital, personal, or business relationships between the Company and the seller, and there are no special interests between the Company and the seller.