TECROWD Fund No. 97 “OME Data Center#03 phase2” Fully Subscribed and Closed

TECRA Inc. announced that its real estate crowdfunding service TECROWD, operated under Japan’s Act on Specified Joint Real Estate Ventures, has closed the public offering for the fund launched on May 13, 2026, after receiving applications for the full offering amount. “OME Data Center Project #03 phase2” is a capital-gain-type fund investing in a next-generation edge data center project specialized for AI inference in the Ome area of Tokyo. Investors will fund the acquisition cost of land that has already received building confirmation, as well as construction costs for the data center. After construction, the fund aims to sell the land and building by the end of the operating period and use the proceeds for distributions and principal redemption. The fund is phase 2 of TECROWD Fund No. 89, “OME Data Center#03.” Under the previous fund, TECRA designed a two-building data center development and obtained building confirmation for “Section A” and “Section B.” After the previous fund ended operations on May 10, 2026, both sections were transferred to TECRA’s proprietary assets. Section A will then be incorporated into this new fund for phase 2 operations, while Section B is planned for sale to an external buyer. For the target land, TECRA has received written confirmation from Tokyo Electric Power that approximately 2MW of power can be supplied, and the formal application has already been completed. The company says the project satisfies the key power supply requirement for data center development and judges the project’s feasibility to be high. The building is scheduled for completion between January and February 2027. After completion, TECRA plans to sign a lease agreement with operator Unsung Fields Inc. with a rent-free period, after which Unsung Fields will prepare for opening and begin operations. TECRA will then begin full-scale sales activities for the land and building, aiming for favorable sale terms while the data center is already in operation. Marketing has already begun, and several strong potential buyers are expected. The fund uses a senior-subordinated structure. In addition to the senior investments made by investors, TECRA and designated parties will make subordinated investments. If principal losses occur at redemption, subordinated investors will absorb losses first. Investor principal may be impaired only if losses exceed the amount of subordinated investment. The planned operating period is May 21, 2026 to May 20, 2027, with redemption and distribution scheduled for June 18, 2027. TECROWD is an online real estate crowdfunding service that allows investment from 100,000 yen per unit. The entire process, from property selection to contract execution, can be completed online. Based on the Act on Specified Joint Real Estate Ventures, the service acquires real estate using funds from multiple investors and distributes rental income during the operating period and gains from sale. TECRA Inc. is headquartered at Queens Tower A 4F, 2-3-1 Minatomirai, Nishi-ku, Yokohama, Kanagawa. Its capital is 156.6 million yen, and its businesses include real estate sales, leasing, brokerage, management, and real estate crowdfunding under the Act on Specified Joint Real Estate Ventures.