[Expected Yield 13.5%] Real Estate Crowdfunding 'K-FUND' Unveils 'K-FUND No. 4,' Targeting a Prime Residential Area Near Cat Street in Jingumae, Shibuya

Kawamura Construction Co., Ltd. (Headquarters: Yokohama, Kanagawa; President: Toshio Kawamura) has unveiled the details of its 4th project, the 'Shibuya Jingumae Commercial Land Development Fund (K-FUND No. 4),' on its real estate crowdfunding service 'K-FUND,' which operates under the Real Estate Specified Joint Enterprise Act. Applications will open on a lottery basis from 12:00 PM on Monday, June 8, 2026.

This fund targets a prime property in Jingumae 5-chome, Shibuya-ku, located a 6-minute walk from Omotesando Station on the Tokyo Metro Chiyoda Line and a 10-minute walk from Harajuku Station on the JR Yamanote Line. It is adjacent to 'Cat Street,' renowned as a hub of trends and street culture. The project aims for high performance with an expected annual yield of 13.5% and an operational period of 12 months.

[1] A Coveted Location: Jingumae 5-chome, Shibuya, near Cat Street
The fund's asset is a land and building (Building: 224.37㎡, Land: 147.72㎡) located in the high-end residential area of Jingumae 5-chome, Shibuya-ku, Tokyo. It is situated just off Omotesando, the main street lined with global high-fashion flagship stores and architecturally stunning commercial complexes, and is close to the free-spirited and creative atmosphere of 'Cat Street.' It is an extremely rare and valuable area that exudes elegance while being in the heart of the city.

[2] Commercial Land Development Aiming for Value-Up Through Rights Adjustment
After acquiring the property, the operator, Kawamura Construction Co., Ltd., plans to conduct appropriate rights adjustments to maximize its value as development land and sell it within 12 months. Leveraging jejich proven development expertise, they aim to secure capital gains.

[3] Adopting a 'Leveraged Type' for Efficient Fundraising
This fund employs a 'leveraged type' structure, combining investments from investors with a loan from Comosas Bank Co., Ltd. Of the total project cost of 800 million JPY, preferred equity (from investors) will account for 30.0% (240 million JPY), subordinated equity (from Kawamura Construction) for 7.5% (60 million JPY), and the loan for 62.5% (500 million JPY). This design utilizes leverage to achieve both a high expected yield and security.

■ Special Double-Bonus Campaign for the 4th Fund!

① [For All Investors] 1.5% Cashback on Investment Amount!
As a token of our gratitude, all eligible investors will receive a 1.5% cashback on their investment amount.

② [Lottery for 24 Investors] Win a Free Stay at the 'ALIVIO Series'!
For those who apply for 10 units (1 million JPY) or more and successfully invest, 24 winners will be selected by lottery to receive a free stay at one of our group's private villas: 'ALIVIO Atami,' 'ALIVIO Minami-Atami,' 'ALIVIO LUXE,' or 'ALIVIO Izu.' (This includes cases where the final investment amount is less than 10 units due to the lottery results.)

■ About Real Estate Crowdfunding 'K-FUND'
'K-FUND' is a crowdfunding service operated by Kawamura Construction Co., Ltd., allowing investment in professionally selected real estate from 100,000 JPY per unit. It offers an easy way to start asset management online and provides a mechanism to enhance the security of investors' principal through a senior-subordinate structure. We will continue to provide attractive investment opportunities to support 'building a prosperous and secure future.'