SYLA HD Completes Real Estate Sale Settlement and Signs Construction Contract
Key facts
- SYLA HD Completes Real Estate Sale Settlement and Signs Construction Contract
- SYLA Holdings has completed the sale of real estate in Akihabara to a fund, and its subsidiary has signed a contract to construct an accommodation facility on the site.
- Source: PR Times
- Date: April 23, 2026
Direct answer
SYLA Holdings has completed the sale of real estate in Akihabara to a fund, and its subsidiary has signed a contract to construct an accommodation facility on the site.
- Citation
- SYLA HD Completes Real Estate Sale Settlement and Signs Construction Contract (April 23, 2026), PR Times
- Source
- PR Times
- Date
- April 23, 2026
SYLA Holdings has completed the sale of real estate in Akihabara to a fund, and its subsidiary has signed a contract to construct an accommodation facility on the site.
📋 Article Processing Timeline
- 📰 Published: April 23, 2026 at 22:30
- 🔍 Collected: April 23, 2026 at 14:01
- 🤖 AI Analyzed: April 23, 2026 at 23:00 (8h 58m 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 and handover of real estate for sale (hereinafter 'the Property') announced in the 'Notice Regarding Sale of Real Estate for Sale' dated February 13, 2026.
Furthermore, SYLA Co., Ltd. (hereinafter 'SYLA'), a consolidated subsidiary of the Company, announces that its Board of Directors meeting held today resolved to conclude a construction contract (hereinafter 'the Construction Contract') for a building planned by the buyer on the Property.
Overview of the Sold Property and Transaction
Property Overview
Location
Akihabara, Taito-ku, Tokyo
Type
Land and Building
Land Area
285.66 m² (Registry)
Total Floor Area
516.23 m²
Sale Price *
Undisclosed
Settlement and Handover Date
April 23, 2026
* The sale price is undisclosed due to a confidentiality agreement between the Company and the buyer, but it is an amount equivalent to or exceeding 10% of the Company's sales (5,419,140 thousand yen) in the previous fiscal year (ending May 2025) and meets the criteria for timely disclosure. Additionally, the Company will transition to consolidated accounting from the fiscal year ending May 2026.
Overview of the Buyer
Trade Name
Sumu Fund 3 LLC
Head Office Location
C/o Sanko Asset Management Co., Ltd., 4-6-1 Ginza, Chuo-ku, Tokyo
Overview of Construction and Transaction
Contracted Construction Overview
Usage
Accommodation Facility
Floor Area Subject to Floor-Area Ratio
1,755.53 m² (Planned)
Structure and Scale
Steel structure, 9 floors above ground (Planned)
Construction Period
April 2026 - July 2028 (Planned)
Contracted Construction Amount *
Undisclosed
Future Schedule
Construction Contract Concluded on April 23, 2026
* The contracted construction amount is undisclosed due to a confidentiality agreement between SYLA and the counterparty, but it is an amount equivalent to or exceeding 10% of the Company's sales (5,419,140 thousand yen) in the previous fiscal year (ending May 2025) and meets the criteria for timely disclosure. Additionally, the Company will transition to consolidated accounting from the fiscal year ending May 2026.
Overview of the Contract Counterparty
Trade Name
Sumu Fund 3 LLC
Head Office Location
C/o Sanko Asset Management Co., Ltd., 4-6-1 Ginza, Chuo-ku, Tokyo
Transaction Structure
After the handover of the Property, SYLA plans to contract the design and construction from the buyer.
Future Outlook
The outlook for revenue, etc., from this sale, etc., is as follows.
1. Sales and profits from the sale of the real estate for sale are scheduled to be recorded in the fourth quarter of the fiscal year ending May 2026. 2. Sales and profits from the construction contract are expected to be recorded in accordance with the percentage-of-completion method during the scheduled construction period from April 2026 to July 2028, provided construction proceeds as planned.
Although the sales and profits from the sale of the Property and the Construction Contract are not included in the earnings forecast for the fiscal year ending May 2026, there are no plans to revise the earnings forecast at this time. However, we will promptly announce if a revision to the earnings forecast becomes necessary, including due to other factors.
Furthermore, the impact of the Construction Contract on sales and profits for the next fiscal year (ending May 2027) and beyond will be disclosed once finalized.
Company Profile of SYLA Holdings Co., Ltd.
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 Activities: 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: Kubo, Corporate Communication Department
TEL: 03-4560-0640
Furthermore, SYLA Co., Ltd. (hereinafter 'SYLA'), a consolidated subsidiary of the Company, announces that its Board of Directors meeting held today resolved to conclude a construction contract (hereinafter 'the Construction Contract') for a building planned by the buyer on the Property.
Overview of the Sold Property and Transaction
Property Overview
Location
Akihabara, Taito-ku, Tokyo
Type
Land and Building
Land Area
285.66 m² (Registry)
Total Floor Area
516.23 m²
Sale Price *
Undisclosed
Settlement and Handover Date
April 23, 2026
* The sale price is undisclosed due to a confidentiality agreement between the Company and the buyer, but it is an amount equivalent to or exceeding 10% of the Company's sales (5,419,140 thousand yen) in the previous fiscal year (ending May 2025) and meets the criteria for timely disclosure. Additionally, the Company will transition to consolidated accounting from the fiscal year ending May 2026.
Overview of the Buyer
Trade Name
Sumu Fund 3 LLC
Head Office Location
C/o Sanko Asset Management Co., Ltd., 4-6-1 Ginza, Chuo-ku, Tokyo
Overview of Construction and Transaction
Contracted Construction Overview
Usage
Accommodation Facility
Floor Area Subject to Floor-Area Ratio
1,755.53 m² (Planned)
Structure and Scale
Steel structure, 9 floors above ground (Planned)
Construction Period
April 2026 - July 2028 (Planned)
Contracted Construction Amount *
Undisclosed
Future Schedule
Construction Contract Concluded on April 23, 2026
* The contracted construction amount is undisclosed due to a confidentiality agreement between SYLA and the counterparty, but it is an amount equivalent to or exceeding 10% of the Company's sales (5,419,140 thousand yen) in the previous fiscal year (ending May 2025) and meets the criteria for timely disclosure. Additionally, the Company will transition to consolidated accounting from the fiscal year ending May 2026.
Overview of the Contract Counterparty
Trade Name
Sumu Fund 3 LLC
Head Office Location
C/o Sanko Asset Management Co., Ltd., 4-6-1 Ginza, Chuo-ku, Tokyo
Transaction Structure
After the handover of the Property, SYLA plans to contract the design and construction from the buyer.
Future Outlook
The outlook for revenue, etc., from this sale, etc., is as follows.
1. Sales and profits from the sale of the real estate for sale are scheduled to be recorded in the fourth quarter of the fiscal year ending May 2026. 2. Sales and profits from the construction contract are expected to be recorded in accordance with the percentage-of-completion method during the scheduled construction period from April 2026 to July 2028, provided construction proceeds as planned.
Although the sales and profits from the sale of the Property and the Construction Contract are not included in the earnings forecast for the fiscal year ending May 2026, there are no plans to revise the earnings forecast at this time. However, we will promptly announce if a revision to the earnings forecast becomes necessary, including due to other factors.
Furthermore, the impact of the Construction Contract on sales and profits for the next fiscal year (ending May 2027) and beyond will be disclosed once finalized.
Company Profile of SYLA Holdings Co., Ltd.
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 Activities: 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: Kubo, Corporate Communication Department
TEL: 03-4560-0640
FAQ
What are the key facts in this article?
SYLA Holdings has completed the sale of real estate in Akihabara to a fund, and its subsidiary has signed a contract to construct an accommodation facility on the site.
What is the direct answer?
SYLA Holdings has completed the sale of real estate in Akihabara to a fund, and its subsidiary has signed a contract to construct an accommodation facility on the site.
What is the source and date?
PR Times: https://prtimes.jp/main/html/rd/p/000000116.000143674.html | April 23, 2026