[Real Estate Crowdfunding Rimawari-kun] Applications for the High-Yield, Stable Income Fund, STAGIONE HAKONE GORA, Open on Tuesday, July 9, 2024!

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 STAGIONE HAKONE GORA on Tuesday, July 9, 2024. The offering amount is 262.01 million yen, with expected yield of 5.5%.


▼ STAGIONE HAKONE GORA
https://rimawarikun.com/customers/products/100

Features of the Fund
The target properties of this fund are two vacation rental buildings, each comprising two rooms (four rooms in total), located in Gora, Hakone. These buildings opened in November 2021 and are conveniently situated just a 3-minute walk from Gora Station on the Hakone Tozan Railway and a 2-minute walk from the parking lot. Each room can accommodate up to 8 people, allowing a maximum occupancy of 32 people across the four rooms. This makes the property suitable for a variety of guests, including families and groups for employee training.

Moreover, the demand for this property is expected to grow as the entire Hakone area continues to develop as a popular tourist destination. This fund has realized stable income and offers a high yield of 5.5%.

Recovering Inbound Tourism and Hakone Town’s Efforts
In recent years, Japan has experienced a recovery in the number of inbound visitors following a decline due to the COVID-19 pandemic. The Hakone area, known for its unique Japanese experiences such as ryokan with hot springs and traditional Japanese cuisine, remains extremely popular among foreign tourists.

The town of Hakone is actively working to develop its tourism industry. The initiatives include introducing digital maps and enhancing the town’s website to highlight barrier-free facilities. Through these efforts, Hakone expects to attract even more inbound and domestic tourists in the future.

About the Management Company
REJ Inc., the manager of the subject property, entered the hotel business in Gion, Kyoto, in 2015. With over 10 years of experience and a proven track record in hotel management, it has seen steady annual growth in sales. Currently, REJ Inc. is expanding its operations to include 11 facilities.

Fund Overview


Fund name: STAGIONE HAKONE GORA
Offering amount: 262,010,000 yen
Expected yield: 5.5%
Time for distribution: Every 6 months
Fund management period: 1 year
Type of application: First-come basis
Term of application: 20:00, Tuesday, July 9, 2024 ‒ 12:00, Tuesday, July 16, 2024*
Website for application:
https://rimawarikun.com/customers/products/100
*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