Kaskaseki Capital Completes Acquisition and Sale of Healthcare Property
In an important move within the real estate market, Kaskaseki Capital Co., Ltd., headquartered in Chiyoda, Tokyo, has recently completed the acquisition of a property located in the vibrant Minato district. The deal, sealed today, included the immediate sale of the land to Fuyo General Lease Co., Ltd., also based in Chiyoda, Tokyo.
The property acquired by Kaskaseki Capital consists of the following key details:
1. Location: Minato, Tokyo
2. Site Area: 698.60㎡
3. Building Area: 1,805.60㎡
This strategic acquisition is expected to position Kaskaseki Capital favorably within the healthcare sector of real estate. In the transaction, Fuyo General Lease is to establish a long-term rental right on the land, while Kaskaseki Capital retains ownership of the building. The firm plans to undertake renovations to transform this space into a healthcare facility aimed at enhancing local health services. The renovation process will be overseen by KC-Welfare Co., Ltd., a subsidiary of Kaskaseki Capital, managed by President Yoshikazu Furukawa.
Fuyo General Lease, which has been a key player in the leasing industry since its inception in 1969, is characterized by a strong capital base of ¥10,532 million. Based in the Suminomoto Real Estate Koji-cho Garden Tower, Fuyo General Lease is well-equipped to manage its charge in the new property transaction.
Due to a confidentiality agreement between Kaskaseki Capital and its partners, the specifics of the transaction price cannot be publicly disclosed.
The sale of this land has already been accounted for in the consolidated earnings forecast for the fiscal year ending in August 2025. Revenue from this sale will be recorded at the fulfillment of the sale agreement, ensuring that Kaskaseki Capital's financial roadmap remains intact.
As part of its long-term investment strategy, Kaskaseki Capital continues to seek opportunities within the healthcare sector, focusing on developing facilities that cater to the community's needs. This initiative highlights the company's commitment to enriching healthcare services and enhancing the infrastructure in Japan’s urban landscapes.
As Kaskaseki Capital forges ahead with this key transaction, the company is poised for significant growth in the ever-evolving landscape of real estate investment, especially within the healthcare domain.
Overview of the Property
The property acquired by Kaskaseki Capital consists of the following key details:
1. Location: Minato, Tokyo
2. Site Area: 698.60㎡
3. Building Area: 1,805.60㎡
This strategic acquisition is expected to position Kaskaseki Capital favorably within the healthcare sector of real estate. In the transaction, Fuyo General Lease is to establish a long-term rental right on the land, while Kaskaseki Capital retains ownership of the building. The firm plans to undertake renovations to transform this space into a healthcare facility aimed at enhancing local health services. The renovation process will be overseen by KC-Welfare Co., Ltd., a subsidiary of Kaskaseki Capital, managed by President Yoshikazu Furukawa.
Details of the Sale
Fuyo General Lease, which has been a key player in the leasing industry since its inception in 1969, is characterized by a strong capital base of ¥10,532 million. Based in the Suminomoto Real Estate Koji-cho Garden Tower, Fuyo General Lease is well-equipped to manage its charge in the new property transaction.
Relationship with Kaskaseki Capital:
- - Capital Relations: None relevant to this transaction
- - Personnel Relations: None relevant
- - Ongoing Relations: A longstanding business relationship exists between the two companies, which adds a layer of reliability to the sale.
Transaction Price Details
Due to a confidentiality agreement between Kaskaseki Capital and its partners, the specifics of the transaction price cannot be publicly disclosed.
Future Prospects
The sale of this land has already been accounted for in the consolidated earnings forecast for the fiscal year ending in August 2025. Revenue from this sale will be recorded at the fulfillment of the sale agreement, ensuring that Kaskaseki Capital's financial roadmap remains intact.
Planned Healthcare Facility Development
As part of its long-term investment strategy, Kaskaseki Capital continues to seek opportunities within the healthcare sector, focusing on developing facilities that cater to the community's needs. This initiative highlights the company's commitment to enriching healthcare services and enhancing the infrastructure in Japan’s urban landscapes.
Company Profile
- - Company Name: Kaskaseki Capital Co., Ltd.
- - Established: September 2011
- - Representative: President Koji Kwamoto
- - Head Office: 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo, Japan
- - Capital: ¥18,540.83 million (including capital reserve)
- - Number of Employees: 295 (as of February 2025)
- - Main Business Areas: Real estate consulting, logistics facility development, hotel development, healthcare facility development, and overseas business ventures.
As Kaskaseki Capital forges ahead with this key transaction, the company is poised for significant growth in the ever-evolving landscape of real estate investment, especially within the healthcare domain.
Topics Consumer Products & Retail）
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