[Real Estate Crowdfunding Platform Rimawari-kun] The First Fund Targeting a Property in the Nature-rich Southern Alps Area is Launched in Collaboration with SANU, a Vacation Home Subscription Service!

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 “Phase 1 SANU 2nd Home Southern Alps 1st,” together with Sanu Inc., on Thursday, April 11. The offering amount is 231,950,000 yen and the estimated yield is 5.5%.


SANU 2nd Home Southern Alps 1st
https://rimawarikun.com/customers/products/94

Features of the Fund
This fund is dedicated to the development of lodging facilities comprising a total of 13 buildings, including 12 accommodation buildings and one management building, situated in the Southern Alps area of Hokuto City, Yamanashi Prefecture. The project spans three distinct phases. In the first phase, from construction inception to building sale, construction costs are financed through this fund. Subsequently, the second phase encompasses framework completion to sale, while the third phase extends from building completion to sale. Ultimately, the completed property is planned to be transferred to a management-type fund.

The upcoming accommodations will be the new “SANU 2nd Home” building. The membership service offered by SANU enables subscribers to access vacation homes through a monthly fee.

Aligned with SANU’s vision of fostering harmony between humanity and the environment, the properties featured in "SANU 2nd Home" are unique, environmentally conscious architecture. Since its inception, 60 SANU Cabins have been constructed, incorporating environmental considerations such as 100% domestic thinned lumber, minimal concrete usage, and carbon-negative initiatives. Furthermore, the facilities are equipped with amenities that allow guests to feel at home, including Wi-Fi access and a kitchen equipped with cooking utensils. This harmonious fusion of nature and functionality has garnered widespread acclaim for its comfort and design, culminating in the prestigious “Minister of the Environment Award” at the Japan Wood Design Award 2023.

Resonated with SANU’s concept of “Live with nature,” Rimawari-kun will support SANU’s project aiming for a better future for both nature and people.

About SANU 2nd Home
Launched in November 2021 with the concept of “Another home in nature,” SANU 2nd Home stands as a second home subscription service. In just two years since its inception, the number of homes had expanded to 76 in 13 locations by November 2023.

Located within a 1 to 3-hour drive from city centers, these vacation houses have attracted widespread attention, particularly in the wake of COVID-19. They provide an idyllic escape, inviting individuals to reconnect with nature alongside their family and friends in a relaxed atmosphere.

Since its inauguration to the present (as of February 2024), membership slots have always been full. As SANU continues to unveil new locations, it is sequentially recruiting new members, which will propel SANU’s further growth in the future.

For more information, visit the official SANU 2nd Home website: https://2ndhome.sa-nu.com/

Southern Alps Area, Hokuto City
Hokuto City in Yamanashi Prefecture, where the subject property is situated, is a haven surrounded by breathtaking nature such as the Southern Alps, Okuchichibu, and Yatsugatake Mountains. It boasts an impressive array of Japan’s most renowned peaks, including five of the country’s 100 most famous mountains and 16 of Yamanashi’s top-ranked summits. It is also home to rare plants and animals, drawing visitors to its renowned mountain climbing and trekking adventures.

Moreover, the area is renowned for its agricultural abundance, benefiting from crystal-clear streams originating from the Southern Alps, the nation’s longest sunlight hours, and the prefecture’s most expansive area of rice paddies. Notably, Mukawa rice earned its reputation as “phantom rice” due to its rarity in markets, attributed to the challenge in cultivation, yet it is revered for its exceptional taste and quality.

Additionally, the region produces a diverse premium vegetables and fruits. Visitors can fully enjoy the region’s natural bounty, both in its picturesque landscapes and its cuisine. It is the harmonious coexistence with such abundant nature that makes the Southern Alps Area an ideal choice for the establishment of the new SANU 2nd Home location.

Investor Benefits

Investors will receive a subscription membership to "SANU 2nd Home" with no monthly fee, depending on the amount of investment.
* Rewards will be randomly drawn from investors who have invested the eligible amount.

For more details, please see the fund website:
https://rimawarikun.com/customers/products/94

Fund Overview

Fund name: SANU 2nd Home Southern Alps 1st
Offering amount: 231,950,000 yen
Expected yield: 5.5%
Time for distribution: 8 months (same time as redemption)
Fund management period: 8 months
Type of application: First-come basis
Term of application: 19:00, Thursday, April 11, 2024 – 12:00, Thursday, April 18, 2024 *
Website for application:https://rimawarikun.com/customers/products/94
*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
Takeshi Fuchiwaki
Director, Chief Growth Officer
irpr@syla.jp