SYLA Launches Rimawari-kun Fund for a New Residence, “SYNEX NISHI-OI,” Nestled in the Vibrant Nishi-Oi Area, Offering Direct Access to Four Major Terminal Stations in Tokyo

SYLA Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Yoshiyuki Yuto; hereinafter “SYLA Co.”), a wholly owned subsidiary of SYLA Technologies Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Hiroyuki Sugimoto; NASDAQ: "SYT"), operator of the largest membership real estate crowdfunding platform in Japan, Rimawari-kun, is pleased announce the launch of a new Rimawari-kun fund targeting “SYNEX NISHI-OI.” The application period begins on Tuesday, February 13. The offering amount is 153.2 million yen, with an expected yield of 5%.

Features of the Fund
The subject property of the fund, “SYNEX NISHI-OI,” is an entire building of a new condominium scheduled for completion in February 2024. With extensive guarantees and maintenance provided by the construction company, the property anticipates stable asset value over time. Positioned in a convenient bedroom community at the city center, it offers excellent access to public transportation. Moreover, with ongoing redevelopment projects in the vicinity, residential demand is expected to further increase in the future. A consistent rental income stream is expected throughout the fund’s management period, as the property is set to be leased by the parent company, SYLA Technologies.


Nishi-Oi, a Conveniently Situated Bedroom Community
Located in Nishi-Oi, part of the Shinagawa area, SYNEX NISHI-OI boasts the distinct advantage of providing direct access to major Tokyo terminal stations within a 15-minute commute. The JR Yokosuka Line and JR Shonan Shinjuku Line offer easy access to Shinagawa, Tokyo, Shibuya, and Shinjuku. While Nishi-Oi Station is relatively new, the area has witnessed a surge in commercial facilities, due to its convenient accessibility and the ongoing development of urban infrastructure around the station. Formerly a tranquil bedroom community, Nishi-Oi has experienced a resurgence in demand for new buildings such as condominiums due to a rebound in commuter numbers and ongoing redevelopment initiatives in the vicinity. SYLA proactively conducted market analysis in the Nishi-Oi area, and completed and sold a condominium, SYFORME NISHI-OI, in 2019.


Fund Information

Offering amount: 153,200,000 yen
Expected yield: 5%
Time for distribution: 1 year (same time as redemption)
Fund management period: 1 year
Type of application: First-come basis
Term of application: 19:00, Tuesday, February 13, 2024 – 12:00, Monday, February 19, 2024*
Website for application:

*Applications may be closed early or extended depending on the number of applications received.

SYLA Technologies Company Contact
Hajime Sugino
Head of SYLA USA