[Real Estate Crowdfunding Platform Rimawari-kun]Reorganized Funds: Applications for “Phase 2 NEW KAMIUMA MANSION” and “Phase 2 Park Homes Hiroshima Ball Park Residence” Open on June 20, 2024!

SYLA Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Yoshiyuki Yuto), a wholly owned subsidiary of SYLA Technologies Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Hiroyuki Sugimoto; NASDAQ: “SYT”), will open applications for two funds, “Phase 2 NEW KAMIUMA MANSION” and “Phase 2 Park Homes Hiroshima Ball Park Residence” on Thursday, June 20, 2024. The offering amounts are 9.87 million yen and 53.59 million yen, respectively, with expected yields of 3% and 3.5%.

*“Mansion” refers to a condominium in Japanese.


▼ Phase 2 NEW KAMIUMA MANSION
https://rimawarikun.com/customers/products/96

▼ Phase 2 Park Homes Hiroshima Ball Park Residence
https://rimawarikun.com/customers/products/97

Features of the Funds
The funds being offered are reorganizations of two existing funds: "NEW KAMIUMA MANSION" and "Park Homes Hiroshima Ball Park Residence." These funds will conclude their operations at the end of July. Both have been highly successful, achieving 100% of their offering amounts. Stable rental income is expected through a master lease agreement with SYLA Technologies, the parent company of SYLA.

About NEW KAMIUMA MANSION
“NEW KAMIUMA MANSION” is a condominium located in Setagaya, the second largest of Tokyo 23 wards after Ota. Setagaya is predominantly residential and is well-connected for commuting, with eight rail lines including the Odakyu Odawara Line and the Keio Line, providing easy access to Shibuya/Shinjuku area and Yokohama areas. The Sangenjaya area within Setagaya is currently undergoing redevelopment to attract international tourists and adapt to globalization.

About Park Homes Hiroshima Ball Park Residence
Park Homes Hiroshima Ball Park Residence is a high-grade condominium in the Park Homes series, located on the same site as the Hiroshima Carp‘s indoor practice field. It is within walking distance of Mazda Stadium via a promenade and offers a unique opportunity to enjoy a stadium view from the balcony.

Fund Overview

Fund name: Phase 2 NEW KAMIUMA MANSION
Offering amount: 9,870,000 yen
Expected yield: 3%
Time for distribution: Every 6 months
Fund management period: 1 year
Type of application: First-come basis
Term of application: 12:30, Thursday, June 20, 2024 – 12:00, Tuesday, June 25, 2024*
Website for application:https://rimawarikun.com/customers/products/96
*Applications may be closed early or extended depending on the number of applications received.


Fund name: Phase 2 Park Homes Hiroshima Ball Park Residence
Offering amount: 53,590,000 yen
Expected yield: 3.5%
Time for distribution: Every 6 months
Fund management period: 1 year
Type of application: First-come basis
Term of application: 19:00, Thursday, June 20, 2024 – 12:00, Tuesday, June 25, 2024 *
Website for application:https://rimawarikun.com/customers/products/97
*Applications may be closed early or extended depending on the number of applications received.

About Rimawari-kun
With the concept of ”support in a new form,” Rimawari-kun is a ”’supportive’ real estate crowdfunding platform” that allows people to invest from 10,000 yen per unit in real estate that contributes to society, revitalization of local communities, and supports someone’s dreams and challenges.
SYLA will continue to expand “Rimawari-kun” services to better meet the needs of its customers, while keeping in mind its concept of ”social contribution, regional development, and support for someone’s dreams and challenges.”
*Rimawari-kun is the No. 1 real estate crowdfunding service in Japan in terms of registered members.
FY6/2023_Market Survey of Real Estate Crowdfunding Service Member Registrations
Research organization: Japan Marketing Research Organization

Rimawari-kun website
https://rimawarikun.com/

SYLA Technologies Company Contact
Takeshi Fuchiwaki
Director, Chief Growth Officer
[email protected]