SYLA Holdings Completes Settlement for Acquisition of Development Land for Sale
SYLA Holdings, through its consolidated subsidiary SYLA, has completed the settlement for the acquisition of development land for sale in Futaba, Shinagawa Ward, Tokyo. This acquisition is part of the company's strategy to promote development projects in areas expected to see future asset value appreciation.
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- 📰 Published: April 1, 2026 at 00:30
- 🔍 Collected: April 1, 2026 at 01:06 (36 min after Published)
- 🤖 AI Analyzed: April 22, 2026 at 09:31 (512h 24m after Collected)
SYLA Holdings Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Representative Director and Chairman: Hiroki Sugimoto; Securities Code: 8887; hereinafter "the Company") announces that its consolidated subsidiary, SYLA Co., Ltd. (hereinafter "SYLA"), has completed the settlement for the acquisition of development land for sale as described below.
## Development Plan Overview
| Item | Details |
|---|---|
| Location | Futaba, Shinagawa Ward, Tokyo |
| Usage | Land and multi-family housing |
| Site Area | 568.96 m² (registered) |
| Total Floor Area | 1,314.06 m² (planned) |
| Structure | Reinforced concrete, flat roof, 5 stories above ground |
This property was acquired for the construction and sale of new condominiums.
The Shimoshimmei area, where this property is located, boasts multiple stations within walking distance. It is also a very comfortable living area where the central functions of Shinagawa Ward converge, yet it coexists with quiet residential streets and abundant parks.
The Company will continue to actively promote development projects in areas where future asset value appreciation is expected, in order to support our customers' asset building.
For more details, please check our website.
https://syla-holdings.jp/ir/investor_relations/
### Future Outlook
The contribution to earnings related to the acquisition of this development land is expected to be from the fiscal year ending May 2028 onwards.
Keywords: Tokyo, Shinagawa, Futaba, Urban Development, Real Estate, SYLA HD, Hiroki Sugimoto
## Development Plan Overview
| Item | Details |
|---|---|
| Location | Futaba, Shinagawa Ward, Tokyo |
| Usage | Land and multi-family housing |
| Site Area | 568.96 m² (registered) |
| Total Floor Area | 1,314.06 m² (planned) |
| Structure | Reinforced concrete, flat roof, 5 stories above ground |
This property was acquired for the construction and sale of new condominiums.
The Shimoshimmei area, where this property is located, boasts multiple stations within walking distance. It is also a very comfortable living area where the central functions of Shinagawa Ward converge, yet it coexists with quiet residential streets and abundant parks.
The Company will continue to actively promote development projects in areas where future asset value appreciation is expected, in order to support our customers' asset building.
For more details, please check our website.
https://syla-holdings.jp/ir/investor_relations/
### Future Outlook
The contribution to earnings related to the acquisition of this development land is expected to be from the fiscal year ending May 2028 onwards.
Keywords: Tokyo, Shinagawa, Futaba, Urban Development, Real Estate, SYLA HD, Hiroki Sugimoto