[Real Estate Crowdfunding Rimawari-kun] Applications for Subscription Vacation Home WITH SEA Akiya 2nd Open on Wednesday, August 14, 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 Subscription Vacation Home WITH SEA Akiya 2nd. The offering amount is 92.2 million yen, with expected yield of 5%.


▼UMITO Akiya III
https://rimawarikun.com/customers/products/107

Features of the Fund
This fund is dedicated to a new lodging facility to be developed in Yokosuka, Kanagawa Prefecture. It operates as a development-type fund, raising construction costs and selling the completed property to a management company. Profits from the sale will then be distributed to investors.

The fund's first phase focuses on collecting construction costs from the start of construction through the completion of the building framework. The second phase will cover the period from the building completion to its sale. The new facility will be a location for WITH SEA by UMITO LIFE, a membership service by HORIJUKU Co., Ltd., offering monthly subscriptions for shared vacation homes.

About WITH SEA by UMITO LIFE
WITH SEA by UMITO LIFE is a subscription service providing vacation homes by the sea. All of the vacation homes offered are located by the sea and are carefully selected by ocean-loving staff to ensure the prime locations. As of August 2024, seven locations are in operation across four prefectures: Kanagawa and Chiba in the Kanto region, Fukuoka overlooking Hakata Bay on Japan Sea, and the popular resort area of Okinawa. They plan to expand with new locations in Shizuoka and Kagoshima, steadily increasing their offerings.

Exclusive Benefits for Investors


・Investors who contribute 500,000 yen or more will have the chance to win a one-night stay at a WITH SEA facility—limited to 15 winners.
・Investors who contribute 1,000,000 yen or more will have a waiver for one month WITH SEA membership fee—limited to 10 winners.
・Investors who contribute 3,000,000 yen or more will have a waiver for two months WITH SEA membership fee—limited to 5 winners.

For more details, please visit the fund page.

Fund Overview


Fund name: Phase 1: Subsidy villa "WITH SEA" Akiya 2nd
Offering amount: 92,200,000 yen
Expected yield: 5%
Time for distribution: 10 months
Fund management period: 10 months
Type of application: First-come basis
Term of application: 20:00, Wednesday, August 14, 2024 – 12:00, Tuesday, August 20, 2024*
Website for application:https://rimawarikun.com/customers/products/107
*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