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Lead Real Estate Sells "Ent Terrace Akihabara" And "Ent Terrace Asakusa" And Concludes Trust Beneficiary Right Purchase Agreements For Two Condominiums To Samurai Capital

Benzinga·08/04/2025 12:12:05
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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.

Engagement with Samurai Capital: Background and Future Prospect

The engagement between the two companies began with the signing of a business alliance agreement dated May 30, 2024. In May of the same year, the first round of transactions was concluded with three real estate trust beneficiary interest purchase agreements worth over 4 billion yen.

This round of sales and agreements represents the second round of transactions, totaling approximately 5.3 billion yen.

To continue conducting transactions in the future, on June 30, 2025, the Company simultaneously concluded a memorandum of understanding regarding preferential negotiations for three long-term stay hotels that are currently scheduled for construction. The Company, through fixed-term master lease contracts, remains involved in the management phase of extended stay hotels after their planning, development, and sale to the owner. By providing integrated services from planning to operation, the Company aims to provide a one-stop service that maximizes customer satisfaction.