Lead Real Estate Co., Ltd Announces Plans for Construction of New “Premium Series” Hotel
June 24 2024 - 8:30AM
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, today
announced plans to build the ENT TERRACE brand’s first “Premium
Series” hotel, ENT TERRACE GINZA PREMIUM, in Tokyo, Japan.
The upcoming facility will have seven floors and
six guest rooms, and accommodate from one night to long-term stays
beginning in December 2024.
Located about two minutes by walk from
Higashi-Ginza Station on the Toei Asakusa Line.
The current weak yen and increasing foreign
interest in Japan, said LRE, are expected to continue their
positive impact on the Company’s expanding long-stay business.
About Lead Real Estate Co., Ltd
Lead Real Estate Co., Ltd is a Japanese
developer of luxury residential properties, including single-family
homes and condominiums, across Tokyo, Kanagawa prefecture, and
Sapporo. In addition, the Company operates hotels in Tokyo and
leases apartment building units to individual customers in Japan
and Dallas, Texas.
The Company’s mission is to serve its customers
by offering stylish, safe, and luxurious living. The Company’s
vision is to adopt the Kaizen (continuous improvement) approach to
seek to improve its operations, and to leverage its nationally
recognized, award-winning luxury homes and strong market position
in the luxury residential property market in Tokyo, Kanagawa
prefecture, and Sapporo to create a global transaction platform
allowing access to prime Japanese condominiums as well as overseas
condominiums, including in the U.S. and Hong Kong.
For more information, please visit the
Company’s website at https://www.lead-real.co.jp/en/.
Forward-looking Statements
Statements in this press release about future
expectations, plans and prospects, as well as any other statements
regarding matters that are not historical facts, may constitute
"forward-looking statements" within the meaning of The Private
Securities Litigation Reform Act of 1995. The words "anticipate,"
"believe," "continue," "could," "estimate," "expect," "intend,"
"may," "plan," "potential," "predict," "project," "should,"
"target," "will," "would" and similar expressions are intended to
identify forward-looking statements, although not all
forward-looking statements contain these identifying words. Actual
results may differ materially from those indicated by such
forward-looking statements as a result of various important
factors, including: the uncertainties related to market conditions
and other factors that may affect its future results in the
Company's registration statement and in its other filings with the
U.S. Securities and Exchange Commission. Any forward-looking
statements contained in this press release speak only as of the
date hereof, and the Company specifically disclaims any obligation
to update any forward-looking statement, whether as a result of new
information, future events or otherwise. Contact
Information:
For Media and Investor RelationsDaisuke Takahashi Chief
Financial Officer Lead Real Estate Co., Ltd
d-takahashi@lead-real.co.jp +81 3-5784-5127
Skyline Corporate Communications Group, LLC
Scott Powell, President 1177 Avenue of the America’s, 5th Floor New
York, NY 10036 Office: (646) 893-5835 Email:
info@skylineccg.com
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