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GlobeNewsWire
25 days ago
Lead Real Estate Co., Ltd Announces Sale of Two Apartment Hotels and Signing of Sales Contracts for Two Condominiums with Samurai Capital Co., Ltd
TOKYO, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or “the Company”), a Japanese real estate developer of luxury residential properties including single-family homes and condominiums across Tokyo, Kanagawa Prefecture and Sapporo, announced that it had entered into trust beneficiary right purchase agreements through a fund established by Samurai Capital Co., Ltd (“Samurai Capital”). According to the agreement, Lead Real Estate has sold the long-term stay hotels “Ent Terrace Akihabara” and “Ent Terrace Asakusa” and concluded trust beneficiary right purchase agreements for two condominiums, “Excelsior Shakujii-Koen” and “Excelsior Yokohama Enokicho”, located in Nerima Ward, Tokyo, and Yokohama City, Kanagawa Prefecture, in June 2025 to Samurai Capital.