SYLA Holdings Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Representative Director and Chairman: Hiroyuki Sugimoto; Securities Code: 8887; hereinafter "the Company") announces that its consolidated subsidiary, SYLA Co., Ltd., resolved at a Board of Directors meeting held today to sell real estate held for sale and to conclude a construction contract for the building that the buyer plans to construct on the site.
Real Estate Sales Contract
| Location | Irie, Kanagawa-ku, Yokohama-shi, Kanagawa Prefecture |
| Type | Land |
| Land Area | 1,713.13 m² (measured area) |
Construction Contract
| Usage | Multi-family housing |
| Floor Area Ratio (Target) | 3,424.16 m² (planned) |
| Structure/Scale | Reinforced concrete, 6 stories above ground (planned) |
