[Itabashi Ward, Tokyo] Purchasing 'Large Leasehold Tenement Houses' That Others Avoid. Comprehensive Handling of Complex Rights Adjustments.

Philia Corporation (Itabashi-ku, Tokyo; Representative Director: Naoyuki Koshikawa) has released a case study of a purchase of a large leasehold tenement house. We are introducing this as an example of a new approach to the challenges of the increasing number of vacant houses and complex rights adjustments in recent years. According to a survey by the Ministry of Internal Affairs and Communications, the number of vacant houses in Japan is increasing year by year, and the management and disposal of vacant houses have become a social issue. Currently, even in the Tokyo metropolitan area, real estate with 'non-rebuildable,' 'shared ownership,' or 'complex leasehold rights' is often turned away by major brokerage firms due to the inability to secure housing loans and the difficulty of rights adjustment, leading to many cases where sales and disposal do not proceed. In the case of a leasehold tenement house in Mukaihara, Itabashi-ku, Tokyo (an aging vacant house), we proposed a renovation-based revitalization plan that leverages the good location for a difficult case that was rejected by other companies due to the dual constraints of difficulty in rebuilding alone. We fully handled the name change procedures with the landowner, achieving a swift purchase without burdening the seller and leaving the remaining items as they were.