Subscription Closed for TECROWD No.98 Fund Investing in Capital Gain Type Fund “Mongolia Premium Residence ‘Edelmont’ #02” (Expected Annual Interest 14.0%)

TECROWD No.98 Fund “Mongolia Premium Residence ‘Edelmont’ #02”

“TECROWD”, operated by TECRA Inc. (Headquarters: Nishi-ku, Yokohama, Kanagawa; President: Hironobu Shino), is a real estate crowdfunding service based on the Real Estate Specified Joint Enterprise Act (jurisdiction of the Ministry of Land, Infrastructure, Transport and Tourism).

We are pleased to announce that the following fund, which began general subscriptions on Friday, June 5, 2026, has received applications for the full amount and is now closed.

Fund details here

Overview of TECROWD No.98 Fund “Mongolia Premium Residence ‘Edelmont’ #02”

Project Overview

This fund targets the second phase of the “Edelmont Project” (hereafter “the Project”) currently underway in Ulaanbaatar, Mongolia. The Project utilizes approximately 15 hectares of land located about 30 minutes by car from the center of Ulaanbaatar, and will develop in three phases: ① detached houses, ② townhouses*1 and apartments*2, and ③ other facilities. Although the Project has been ongoing, the original development policy is maintained while the order of phases and target segments have been reviewed from the perspective of business efficiency. The first phase is currently being managed under TECROWD No.81 fund (see local project progress here).

The project site is well accessible to the city center and blessed with natural surroundings. While the residences overall target wealthy individuals, the apartments planned for the second phase are aimed at upper-middle-class families. Due to the excellent location, many purchase inquiries have already been received from the foundation construction stage, indicating high project success potential.

*1 A housing form where multiple units share walls and are arranged side by side. *2 Locally commonly called “apartments”; the fund contracts use the term “apartment”.

Capital Gain Type Fund Scheduled for Resale After Completion

This fund acquires the exclusive portions (54 units total) of two of the four apartment buildings (Building A and D) planned in the second phase during the construction stage, and after completion sells them to the local developer to generate dividends and principal repayment. Common areas (including underground parking) of Buildings A and D, as well as Buildings B and C, are not acquisition targets of this fund; the local developer will continue development together with townhouses.

If any major plan changes occur during the fund operation, we will promptly share them via My Page notifications. Progress reports on construction will be delivered as appropriate.

All Contracts in Japanese Yen

All monetary transactions related to fund management are conducted in Japanese yen, hedging investors against exchange rate risk when receiving dividends and principal repayment.

Senior-Subordinate Structure

In addition to senior investments from investors, the company and its designees make subordinate investments. If a principal loss occurs at fund redemption, the subordinate investors bear the loss first.

Only if the loss exceeds the subordinate investment amount may the investors’ principal be impaired.

Expected Operation Schedule

Operation Period

June 11, 2026 – August 10, 2027

Redemption and Dividend Payment Date

September 10, 2027

Real Estate Crowdfunding “TECROWD” Overview

Real Estate Crowdfunding “TECROWD” ■ A fully online real estate investment service starting from 100,000 yen per unit TECROWD is a crowdfunding service that allows investment in real estate from 100,000 yen per unit. All processes from property selection to contract are completed online, making it easy to start real estate investment.

What is real estate crowdfunding under the Real Estate Specified Joint Enterprise Act? It is a mechanism where funds from multiple investors are used to acquire real estate, and rental income or profits from sales during the operation period are distributed. Based on the Real Estate Specified Joint Enterprise Act, we aim to provide a transparent service that investors can use with peace of mind.

TECROWD TOP

Operating Company

TECRA Inc.

TECRA Inc.

Headquarters: Queen’s Tower A 4F, 2-3-1 Minatomirai, Nishi-ku, Yokohama, Kanagawa President: Hironobu Shino Capital: 156.6 million yen Business: Sale, leasing, brokerage, and management of real estate; real estate crowdfunding based on the Real Estate Specified Joint Enterprise Act Website: https://www.tecra.jp/ Real Estate Brokerage License: Kanagawa Prefecture No. 26122 Real Estate Specified Joint Enterprise Permission: Kanagawa Prefecture No. 12