SYLA Holdings Completes Settlement for Acquisition of Development Land for Sale
SYLA Co., Ltd., a consolidated subsidiary of SYLA Holdings, has completed the acquisition of land in Yochomachi, Shinjuku Ward, for the development of a new condominium project. The project is expected to contribute to the company's financial results from the fiscal year ending May 2028 onwards.
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- 📰 Published: April 1, 2026 at 00:30
- 🔍 Collected: April 1, 2026 at 01:06 (36 min after Published)
SYLA Co., Ltd. (hereinafter "SYLA"), a consolidated subsidiary of SYLA Holdings Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Representative Director and Chairman: Hiroyuki Sugimoto; Securities Code: 8887; hereinafter "the Company"), hereby announces that it has completed the settlement for the acquisition of the development land for the real estate for sale described below.
Development Project Overview
Location: Yochomachi, Shinjuku-ku, Tokyo
Usage: Land and apartment complex
Site Area: 557.35 m² (registered area)
Total Floor Area: 2,290.65 m² (planned)
Structure: Reinforced concrete, 10 stories above ground
This property was acquired for the purpose of developing and selling new condominiums for actual demand (newly built condominiums for those purchasing as a primary residence).
The Yochomachi area, where this property is located, is within walking distance of stations serving multiple lines while remaining removed from the hustle and bustle of the city. It is an area where history and tranquility coexist, having been a preferred residential area for literary figures during the Edo period.
To continue supporting our customers' asset formation, the Company will continue to actively promote development projects in areas where future increases in asset value are expected.
Please check our website for further details.
https://syla-holdings.jp/ir/investor_relations/
Future Outlook
The contribution of this development land acquisition to our business performance is expected to begin from the fiscal year ending May 2028.
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SYLA Holdings Co., Ltd. Company Overview
Headquarters: Ebisu Prime Square 7F, 1-1-39 Hiroo, Shibuya-ku, Tokyo
Representative Director and Chairman, Group Executive Officer CEO: Hiroyuki Sugimoto
Founded: September 1970
Capital: 2,363 million yen
Business Description: Comprehensive real estate business, construction business, renewable energy business, real estate tech business
Website: https://syla-holdings.jp
[Inquiries regarding this matter]
SYLA Holdings Co., Ltd.
Contact: Corporate Communications Department, Kubo
Development Project Overview
Location: Yochomachi, Shinjuku-ku, Tokyo
Usage: Land and apartment complex
Site Area: 557.35 m² (registered area)
Total Floor Area: 2,290.65 m² (planned)
Structure: Reinforced concrete, 10 stories above ground
This property was acquired for the purpose of developing and selling new condominiums for actual demand (newly built condominiums for those purchasing as a primary residence).
The Yochomachi area, where this property is located, is within walking distance of stations serving multiple lines while remaining removed from the hustle and bustle of the city. It is an area where history and tranquility coexist, having been a preferred residential area for literary figures during the Edo period.
To continue supporting our customers' asset formation, the Company will continue to actively promote development projects in areas where future increases in asset value are expected.
Please check our website for further details.
https://syla-holdings.jp/ir/investor_relations/
Future Outlook
The contribution of this development land acquisition to our business performance is expected to begin from the fiscal year ending May 2028.
---
SYLA Holdings Co., Ltd. Company Overview
Headquarters: Ebisu Prime Square 7F, 1-1-39 Hiroo, Shibuya-ku, Tokyo
Representative Director and Chairman, Group Executive Officer CEO: Hiroyuki Sugimoto
Founded: September 1970
Capital: 2,363 million yen
Business Description: Comprehensive real estate business, construction business, renewable energy business, real estate tech business
Website: https://syla-holdings.jp
[Inquiries regarding this matter]
SYLA Holdings Co., Ltd.
Contact: Corporate Communications Department, Kubo