AlbaLink Co., Ltd. Concludes Partnership Agreement with Sanjo City, Niigata Prefecture, to Promote Circulation of Ownerless Vacant Houses and Land

AlbaLink Co., Ltd. (Headquarters: Koto-ku, Tokyo; Representative Director: Kenji Kawata; hereinafter "AlbaLink") officially concluded a "Partnership Agreement on Promoting the Circulation of Ownerless Vacant Houses and Land" (hereinafter "this Agreement") with Sanjo City, Niigata Prefecture, on April 1, 2026. Background and Purpose of the Agreement Sanjo City, Niigata Prefecture, is a city known for its rich nature and its forging and metalworking industries. Currently, land and buildings whose owners are unknown due to inheritance abandonment, etc., and have been left unattended for a long period, have become a regional issue. Although there is a property administrator system for such ownerless properties, it is very difficult for them to be sold, rented, or demolished, and there is a very high possibility that they will continue to be left unattended. The purpose of this agreement is to build a new scheme to move "properties whose circulation is stagnant due to unknown ownership or other reasons," and a partnership agreement was concluded with AlbaLink, which has specialized know-how in handling difficult properties. This agreement is not merely for the purpose of purchasing properties, but for establishing a mechanism to restore properties to a state where normal real estate transactions are possible (rectification of rights) by utilizing legal procedures such as "appointment of administrators for ownerless land and buildings." Main Contents of the Agreement 1. Regarding the circulation of vacant houses and vacant land 2. Regarding the utilization of vacant houses and vacant land 3. Other matters deemed necessary to achieve the purpose of the preceding article Administrative Overview Department in charge of this agreement: Sanjo City Hall Sanjo City Official HP: https://www.city.sanjo.niigata.jp/ Company Profile Company Name: AlbaLink Co., Ltd. Location: BESIDE KIBA 3F, 2-17-16 Kiba, Koto-ku, Tokyo 135-0042 Representative: Kenji Kawata Representative Phone: 03-6458-8135 Official Website: https://albalink.co.jp/ Service Sites: https://wakearipro.com/ / https://akiya-kaitoritai.com/