[Real Estate Crowdfunding Rimawari-kun] Applications for Regional Revitalization Fund Series “DOTOWN HOUSE By The Sea Vol. 5” And “DOTOWN HOUSE By The Sea Vol. 6” Will Be Open on The Same Day!

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, “DOTOWN HOUSE By The Sea Vol. 5” and “DOTOWN HOUSE By The Sea Vol. 6,” in collaboration with DOTOWN Inc. (hereinafter "DOTOWN"), which aims for regional revitalization. The applications for these funds will commence simultaneously on Tuesday, February 27, 2024. The offering amounts are 33.79 million yen for Vol. 5 and 33.15 million yen for Vol. 6 (63.94 million yen in total).



DOTOWN x Rimawari-kun Regional Revitalization Fund Series
The DOTOWN x Rimawari-kun Regional Revitalization Fund series is a well-received investment fund dedicated to development and revitalization of local communities. All four “DOTOWN HOUSE By The Sea” funds launched thus far have attracted a greater amount of applications than the amount offered. Based on the positive responses to the previous funds, the two new funds will be launched for newly built properties within the Ichinomiya area again.

These funds target two properties, with SYLA planning for next funds targeting additional two properties, thereby incorporating four new properties into the fund as planned. DOTOWN and Rimawari-kun remain steadfast in the commitment to supporting regional development and revitalization by developing the Regional Revitalization Fund Series!

▼ DOTOWN HOUSE By The Sea Vol. 5
https://rimawarikun.com/customers/products/85


▼「DOTOWN HOUSE By The Sea Vol.6」
https://rimawarikun.com/customers/products/86

「DOTOWN HOUSE By The Sea Vol.1」
https://rimawarikun.com/customers/products/58
(Applications are now closed.)

Subject Property: Carefully Designed Surfer’s Houses

The subject properties are two whole buildings of newly constructed two-story wooden houses located in Ichinomiya-cho, Chosei-gun, Chiba Prefecture. The exterior of the wood-toned Surfers' Houses is designed to harmonize with the ocean stretching out in front of them. The interior is carefully designed with the various features:
・Seamless corridor matching the tiles
・Open and spacious living room with minimum partitions
・American-designed light switches
・Storage space that does not interfere the ambience of the room



These high-quality properties are the ideal Surfer's Houses envisioned by DOTOWN, boasting unique value through meticulously selected materials and craftsmanship, and an unwavering focus on intricate manufacturing detail.

Proposing a New Lifestyle in the Post-COVID-19 Era
Our lifestyles have been drastically changed since the outbreak of COVID-19. With more individuals spending extended periods at home due to remote work, there is a growing interest in relocating away from the bustling city environment to seek a more tranquil setting.
This trend is still evident in the post-COVID-19 era. A diverse range of individuals, regardless of age or gender, are showing interest in moving outside urban areas. According to data from the Ministry of Internal Affairs and Communications, consultations regarding relocation to the countryside exceeded a record high of 320,000 in FY2021.
Particularly popular destinations for relocation are those offering abundant nature and easy access to the city. With more people seeking an open-minded lifestyle, these areas are attracting an increasing number of individuals.



The Ichinomiya area, where the subject properties are situated, is an attractive area that meets this demand. Chiba Prefecture, home to the Ichinomiya area, has recently attracted attention as a workation destination. The Prefecture has been proactively promoting workation by showcasing marine sports and activities in its abundant natural environment, as well as offering ideal accommodations suited for workation.


Funds Overview



Fund name: DOTOWN HOUSE By The Sea Vol.5
Offering amount: 33,790,000 yen
Expected yield: 4.5%
Time for distribution: Once every 6 months
Fund management period: 1 year
Type of application: Lottery
Term of application: 12:30, Tuesday, February 27, 2024 – 12:00, Wednesday, March 6, 2024*
Website for application: https://rimawarikun.com/customers/products/85
*Applications may be closed early or extended depending on the number of applications received.



Fund name: DOTOWN HOUSE By The Sea Vol.6
Offering amount: 33,150,000 yen
Expected yield: 4.5%
Time for distribution: Once every 6 months
Fund management period: 1 year
Type of application: Lottery
Term of application: 20:00, Tuesday, February 27, 2024 – 12:00, Wednesday, March 6, 2024*
Website for application: https://rimawarikun.com/customers/products/86
*Applications may be closed early or extended depending on the number of applications received.

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/


SYLA Technologies Company Contact
Hajime Sugino
Head of SYLA USA
h_sugino@syla.jp