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LEVECHY Fund 18's Successful Redemption and Dividend

The LEVECHY fund, a smart investment platform focusing on real estate crowdfunding, has successfully completed the redemption and payment of dividends for its 18th fund, known as LEVECHY Fund 18. This achievement was announced by LEVECHY Co., Ltd., headquartered in Akasaka, Tokyo, and led by President Takashi Takamatsu.

The LEVECHY platform allows individuals to start investing with just 10,000 yen, making it accessible for anyone to engage in asset management. The firm has made significant strides in democratizing financial services since its establishment in 2012. The redemption for Fund 18 was completed much sooner than initially anticipated. While the fund was expected to operate over a 12-month period, it was successfully sold after just 256 days, delivering timely returns to its investors.

For the Fund 18, which focused on the Omori Town Station Front Residence Hotel, the initial fundraising goal was set at 349.17 million yen. However, interest exceeded expectations, with total subscriptions reaching an impressive 754.63 million yen, representing a staggering 216% of the target. In appreciation of this trust and support from investors, LEVECHY distributed dividends at an annualized pre-tax rate of 8%, in line with projections.

Fund 18 Highlights

Property: Omori Town Station Front Residence Hotel
Solicitation Amount: 349.17 million yen
Total Applications: 754.63 million yen
Expected Distribution Rate: 8% annually
Actual Distribution Rate: 8% annually
Planned Operation Period: 12 months
Actual Operation Period: 256 days

Investors have shown great interest in LEVECHY's innovative model that allows investments in diverse properties starting from as low as 10,000 yen. This model, traditionally limited to professional investors, is now accessible via an entirely online process—from member registration and investment applications to the receipt of dividends.

About LEVECHY

Since the company’s inception in 2012, LEVECHY has aimed to simplify and make asset accumulation accessible, evolving its focus amid challenges surrounding finance and personal asset management. In June 2023, the company transformed into a fintech entity by launching its real estate crowdfunding service, signifying a pivotal shift in its operations.

Plans for the company are ambitious, with a strategic focus on accelerating the LEVECHY real estate crowdfunding business and pushing towards the democratization of finance. Furthermore, a company name change to LEVECHY Co., Ltd. took place on July 17, 2024.

For further information or to explore investment opportunities, individuals can visit the official LEVECHY site at LEVECHY Official Site.

Company Overview

Company Name: LEVECHY Co., Ltd.
Location: 1-11-28 Akasaka, Minato-ku, Tokyo, Japan, 5th Floor JMF Building, Akasaka 01
Established: January 2012
Representative: Takashi Takamatsu
Business Focus: 1) Development and operation of the LEVECHY real estate crowdfunding platform; 2) Development and operation of JP-BASE, a next-generation office and residence creator; 3) Various services including office leasing, property management, asset management, and investment.
* Website: LEVECHY Website

LEVECHY continues to garner support and trust from investors by merging technology with finance, thus providing a robust option for those looking to build their asset portfolios effectively.