News

[Rimawari-kun] Applications for Two New Funds, “Rimawari-kun Short-term Management Fund Vol. 9” and "Asakusabashi Income Property Fund," Will Be Open Simultaneously on Monday, December 11, 2023!

SYLA Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Yoshiyuki Yuto), a wholly owned subsidiary of SYLA Technologies Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Hiroyuki Sugimoto; NASDAQ: "SYT") will open applications for two new funds on Monday, December 11, 2023. The funds, "Rimawari-kun Short-term Management Fund Vol. 9" and "Asakusabashi Income Property Fund," target the condominiums owned by the Company, with offering amounts of 30.37 million yen and 40.41 million yen, respectively.



Two Funds Will Be Simultaneously Offered!
Guided by the Company’s mission of “Democratizing real estate investment around the world” and “Enriching the 100-year life era with technology and asset management,” two funds will be released through the largest membership real estate crowdfunding platform in Japan, Rimawari-kun, on Monday, December 11. The subject properties for the funds, “Rimawari-kun Short-term Management Fund Vol. 9” and “Asakusabashi Income Property Fund," are condominiums owned by the Company.

・Rimawari-kun Short-term Management Fund Vol. 9


This fund marks the ninth project in the Rimawari-kun Short-term Management Fund series, introduced in response to investors’ demands. The series has consistently exceeded 100% of its offering amounts, receiving widespread acclaim. With a management period of six months, the fund aims to be an ideal transition for beginner investors gaining familiarity with investment experience. It also provides a new avenue for investors in search of fresh investment opportunities.

Details on Rimawari-kun Short-term Management Fund Vol. 9
https://rimawarikun.com/customers/products/78

・Asakusabashi Income Property Fund


The Asakusabashi Income Property fund aims to support investors’ asset management, targeting a condominium unit in the Asakusabashi area. Stable income is expected with a scheduled master lease agreement by SYLA Technologies Co., Ltd., the parent company of SYLA Co., Ltd. The location, renowned as a commuter town with a traditional downtown atmosphere in a wholesale district, offers easy access to central Tokyo.

Details on Asakusabashi Income Property Fund
https://rimawarikun.com/customers/products/79

Rimawari-kun Short-term Management Fund Vol. 9 Overview


Fund name: Rimawari-kun Short-term Management Fund Vol. 9
Offering amount: 30,370,000 yen
Expected yield: 2.5%
Time for distribution: 6 months (Same time as redemption)
Fund management period: 6 months
Type of application: First-come basis
Term of Application: 12:30, Monday, December 11, 2023 – 9:00, Monday, December 18, 2023
Website for application:https://rimawarikun.com/customers/products/78

Asakusabashi Income Property Fund Overview


Fund name: Asakusabashi Income Property Fund
Offering amount: 40,410,000 yen
Expected yield: 4.3%
Time for distribution: Once every 6 months
Fund management period: 1 year and 6 months (Earlier redemption is expected)
Type of application: First-come basis
Term of application: 20:00, Monday, December 11, 2023 – 12:00, Monday, December 18, 2023
Website for application:https://rimawarikun.com/customers/products/79

About Rimawari-kun
With the concept of "support in a new form," Rimawari-kun is a "’supportive’ real estate crowdfunding platform” that allows people to invest from 10,000 yen per unit in real estate that contributes to society, revitalization of local communities, and supports someone's dreams and challenges.
SYLA will continue to expand “Rimawari-kun” services to better meet the needs of its customers, while keeping in mind its concept of "social contribution, regional development, and support for someone’s dreams and challenges.”
*Rimawari-kun is the No. 1 real estate crowdfunding service in Japan in terms of registered members.
FY6/2023_Market Survey of Real Estate Crowdfunding Service Member Registrations
Research organization: Japan Marketing Research Organization

Rimawari-kun website
https://rimawarikun.com/