Announcement of Real Estate Sale by Syla Holdings
On the agenda of their latest board meeting, Syla Holdings Co., Ltd. has made a significant decision regarding the sale of real estate properties. Based in Shibuya, Tokyo, and led by Chairman and CEO Hiroyuki Sugimoto, the company has confirmed the signing off on a real estate transaction that involves one of its consolidated subsidiaries. Here are the key highlights from the sale:
Property Details
The real estate property set for sale is located in the bustling area of Iwamoto-cho in Chiyoda, Tokyo. Specifics regarding the property are as follows:
- - Type: Land and multi-family housing
- - Site Area: 294.92 square meters (official registers)
- - Total Floor Area: 2,245.61 square meters (anticipated)
- - Sale Price: With respect to confidentiality agreements between Syla and the buyer, the sale price will remain undisclosed.
Despite the sale price being confidential, the estimated revenue from this transaction is anticipated to be less than 10% of the consolidated revenue from the previous fiscal year ending in May 2026. However, it is projected to exceed 5% of the estimated revenue for the current fiscal period ending in May 2027. Additional details can be found on their
official website.
Fiscal Impact
The profits and revenues from this property sale are anticipated to be recorded upon closure and handover. Furthermore, these financial figures have already been integrated into the revenue forecasts presented during their last announcement for the fiscal year ending May 2026. Should there be any substantial changes in external circumstances that affect the schedule for closure and handover, the company has committed to providing timely updates.
About Syla Holdings
Syla Holdings is a comprehensive real estate firm dedicated to a variety of sectors, including construction, renewable energy, and real estate technology. Founded in September 1970, the company has built a solid reputation and continues to thrive in the competitive market. Here are additional details regarding Syla Holdings:
- - Headquarters: 1-1-39 Hiroo, Shibuya, Tokyo, Ebisu Prime Square 7F
- - Chairman and CEO: Hiroyuki Sugimoto
- - Capital: 2,391 million yen
- - Business Scope: Integrated real estate business, construction matters, innovative renewable energy solutions, and real estate tech.
For inquiries regarding this announcement, reach out to their IR section:
Contact: Syla Holdings IR Room, Kokubu