[Real Estate Crowdfunding Platform Rimawari-kun] Previous Fund Achieved Target Amount in One Hour! Applications Open for Second Fund in Collaboration with SANU!

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 2 SANU 2nd Home Southern Alps 1st” from 8:00 p.m., Tuesday, July 16. The offering amount is 152.61 million yen, with expected yield of 5.5%.


Phase 2 SANU 2nd Home Southern Alps 1st
https://rimawarikun.com/customers/products/101

Features of the Fund
This fund is dedicated to the development project for lodging facilities located in the Southern Alps area of Hokuto City, Yamanashi Prefecture. The project includes a total of 13 buildings: 12 accommodation buildings and one management building. It marks the second phase following the well-received “Phase 1 SANU 2nd Home Southern Alps 1st.”

This fund will cover construction costs from framework completion to sale of the property. The third phase of the fund will include the completion of the buildings to their subsequent sale. Ultimately, the completed property is planned to be transferred to a management fund.


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

Reviewed Value and Demand for Second Homes
The COVID-19 pandemic has led to a reevaluation of the value of vacation homes. They are no longer seen merely as status symbols but are now appreciated as places where people can enjoy a relaxed lifestyle away from the hustle and bustle of the city. Market demand for second homes, which offer easy access, is said to be the highest since the bubble period. SANU 2nd Home's membership-based second home service meets this need. Even after the COVID-19 pandemic recedes, the popularity of this service continues to grow due to its ease of use, with subscriptions from 55,000 yen per month.

Fund Overview


Fund name: Phase 2 SANU 2nd Home Southern Alps 1st
Offering amount: 152,610,000 yen
Expected yield: 5.5%
Time for distribution: 5 months (same time as redemption)
Fund management period: 5 months
Type of application: First-come basis
Term of application: 20:00, Tuesday, July 16, 2024 – 12:00, Friday, July 19, 2024*
Website for application:
https://rimawarikun.com/customers/products/101
*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