Completion of Redemption and Dividend Payment for LEVECHY Fund No. 16

Completion of LEVECHY Fund No. 16 Redemption and Dividend Payment

LEVECHY, a Tokyo-based company specializing in real estate crowdfunding, has announced the successful completion of redemption and dividend payments for its sixteenth fund, LEVECHY Fund No. 16. This fund, which launched under the slogan of intelligent asset management starting from just 10,000 yen, aims to democratize real estate investment opportunities by making it accessible to a broader audience.

Scheduled for a 12-month investment period, the actual duration of LEVECHY Fund No. 16 was extended to 393 days due to the time needed for property disposition. Investors experienced a comprehensive payout, including dividends for the extended investment period. Furthermore, preferred investors received dividends at the initially set rate of 10% (pre-tax performance rate), affirming the fund's reliability and performance.

About LEVECHY Fund No. 16

- Property Type: One building in Gotanda Office
- Total Amount Raised: 1,078,350,000 yen
- Total Applications Received: 1,677,300,000 yen
- Projected Distribution Rate (Annual): 10%
- Actual Distribution Rate (Annual): 10%
- Planned Operation Period: 12 months
- Actual Operation Period: 393 days

Introduction to LEVECHY

LEVECHY offers a smart asset management service focused on real estate crowdfunding, enabling investments starting at a minimal sum. The platform simplifies the entire process from membership registration, investment application, to dividend receipt, all through an online interface. This innovative approach lowers the barriers for individual investors and allows them to invest in diverse properties starting from just 10,000 yen.

Through its commitment to transparency and efficiency, LEVECHY strives to provide opportunities that were once limited to professional investors, ensuring that more individuals can participate in real estate investment.

Company Overview

LEVECHY Corporation was founded in January 2012 and initially started its journey in office leasing. Since 2020, the company has adopted a concept of preserving valuable resources while incorporating new innovations, launching the renovation brand “JP-BASE.” In June 2023, LEVECHY introduced its real estate crowdfunding service, designed to eliminate barriers such as high initial investment amounts and complicated rental management processes, allowing for asset building from just 10,000 yen.

The service is operated under the Real Estate Specific Joint Venture Act as a specified business operator. LEVECHY aims to make property investment a viable option for everyone, enhancing the range of asset formation choices available to the public.