News
[Real Estate Crowdfunding Rimawari-kun] Applications for Two Funds in the Popular DOTOWN HOUSE Series Will be Open on Tuesday, July 23!
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 Ocean Front Vol. 9” and “DOTOWN HOUSE By The Sea Vol. 9” on the same day from Tuesday, July 23 at 8:00 p.m. The offering amounts are 74.21 million yen and 65.92 million yen, respectively, with an estimated yield of 3.0% and a planned investment period of three months.
▼ DOTOWN HOUSE Ocean Front Vol.9
https://rimawarikun.com/customers/products/102
▼ DOTOWN HOUSE By The Sea Vol.9
https://rimawarikun.com/customers/products/103
Features of the Funds
This fund is a re-launch of the popular DOTOWN x Rimawari-kun Regional Revitalization Fund series, originally established to develop and revitalize the Wadaura, Ichinomiya, and surrounding areas. In response to demand for short-term investments, both funds now offer a 3-month investment period with a 3% yield.
High-Quality Properties with Unique Value
Each subject property offers high quality and unique value as the ideal Surfers' House that DOTOWN pursues. Located near rare surf spots, these properties are perfect for surfing enthusiasts, tourist, and overnight guests from both Japan and abroad. These properties are ideal for those who enjoy the natural environment and the lifestyle.
Funds Overview
Fund name: DOTOWN HOUSE Ocean Front Vol. 9
Offering amount: 74,210,000 yen
Estimated yield: 3.0%
Time for distribution: Every 3 months (same time as redemption)
Fund management period: 3 months
Type of application: First-come basis
Term of application: 12:30, Tuesday, July 23, 2024 – 12:00, Tuesday, July 30, 2024 *
Website for application: https://rimawarikun.com/customers/products/102
*Applications may be closed early or extended depending on the number of applications received.
Fund name: DOTOWN HOUSE By The Sea Vol.9
Offering amount: 65,920,000 yen
Estimated yield: 3.0%
Time for distribution: Every 3 months (same time as redemption)
Fund management period: 3 months
Type of application: First-come basis
Term of application: 20:00, Tuesday, July 23, 2024 – 12:00, Tuesday, July 30, 2024 *
Website for application: https://rimawarikun.com/customers/products/103
*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