SYLA HD Announces Completion of Acquisition of Income-Producing Real Estate
SYLA Holdings Co., Ltd. has completed the acquisition of an income-producing property in Nishi-Azabu, Tokyo, planning to convert it into a luxury residence or hotel to strengthen its recurring revenue base.
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- 📰 Published: April 10, 2026 at 00:00
- 🔍 Collected: April 11, 2026 at 00:30 (24h 30m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 22:51 (214h 20m after Collected)
SYLA Holdings Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Representative Director and Chairman: Hiroyuki Sugimoto; Securities Code: 8887, hereinafter "the Company") announces that it has today completed the settlement for the acquisition of the following income-producing real estate in the Nishi-Azabu area of Minato-ku, Tokyo.
Details of the Acquired Property
* Location: Nishi-Azabu, Minato-ku, Tokyo
* Type: Land and Building
* Site Area: 233.34 m2 (Registered area)
* Floor Area: 829.43 m2
Reason for Acquisition
We have acquired an income-producing property in Nishi-Azabu with the aim of expanding our real estate management business. The Company has already undertaken the revitalization of five properties in the Nishi-Azabu area. By converting properties into luxury rental residences and hotels through a change of use, we redefine the intrinsic value of the properties and have successfully increased the rent per tsubo. For this property, we plan to proceed with real estate revitalization as SYLA NISHI-AZABU VI, marking our 6th property development in Nishi-Azabu.
The real estate management business of our group forms a stable revenue base (solid revenue base) through rental income, asset management, property management, and building management, making it an important business segment that supports our stable and continuous profit growth.
Currently, this solid revenue base is approximately 1.8 billion yen on an ARR basis, equivalent to about half of the Company's selling, general and administrative (SG&A) expenses. In the future, we aim to build a revenue base that exceeds our SG&A expenses.
To achieve stable and sustainable profit growth moving forward, we will continue to consider acquiring highly profitable properties at any time while comprehensively assessing the progress of our earnings forecasts, income/expenditure plans for each property, and cash allocation.
Future Outlook
The impact of the acquisition of this property on the financial results for the fiscal year ending May 2026 is minimal.
Details of the Acquired Property
* Location: Nishi-Azabu, Minato-ku, Tokyo
* Type: Land and Building
* Site Area: 233.34 m2 (Registered area)
* Floor Area: 829.43 m2
Reason for Acquisition
We have acquired an income-producing property in Nishi-Azabu with the aim of expanding our real estate management business. The Company has already undertaken the revitalization of five properties in the Nishi-Azabu area. By converting properties into luxury rental residences and hotels through a change of use, we redefine the intrinsic value of the properties and have successfully increased the rent per tsubo. For this property, we plan to proceed with real estate revitalization as SYLA NISHI-AZABU VI, marking our 6th property development in Nishi-Azabu.
The real estate management business of our group forms a stable revenue base (solid revenue base) through rental income, asset management, property management, and building management, making it an important business segment that supports our stable and continuous profit growth.
Currently, this solid revenue base is approximately 1.8 billion yen on an ARR basis, equivalent to about half of the Company's selling, general and administrative (SG&A) expenses. In the future, we aim to build a revenue base that exceeds our SG&A expenses.
To achieve stable and sustainable profit growth moving forward, we will continue to consider acquiring highly profitable properties at any time while comprehensively assessing the progress of our earnings forecasts, income/expenditure plans for each property, and cash allocation.
Future Outlook
The impact of the acquisition of this property on the financial results for the fiscal year ending May 2026 is minimal.