ARDEPRO CO., LTD. Note : This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
News Release: ARDEPRO Co., Ltd.
(8925 TSE Standard)
September 25, 2023
(Disclosure Update) Notice Concerning Settlement of Purchase of
Real Estate for Sale
The purchase settlement has been completed for the real estate for sale below, which was previously mentioned in the releases titled "Notice Concerning Purchase Contract and Completion of Settlement of Purchases of Real Estate for Sale" and "(Disclosure Update) Notice Concerning Completion of Conclusion of Sale Contract for Real Estate for Sale" issued by ARDEPRO Co., Ltd. ("the Company") on April 28 and September 5, 2023, respectively. In addition, purchase settlement has also been completed for another real estate for sale property, and the information is listed below.
1. Settlement of purchase of real estate for sale in Shinjuku-ku, Tokyo
- Overview of purchased property
No. | Location | Category | Total floor area | Land area (m2) |
(m2) | ||||
1 | Shinjuku-ku, | Land and building | 2,975.10 | 405.91 |
Tokyo | ||||
(2) Status of the purchase settlement
Under the terms of a confidentiality agreement concluded with the seller regarding the real estate purchase contract, the Company refrains from publishing the name of the seller and the purchase price of the property. The purchase price of the above property is an amount equivalent to 30% or more of the net assets of the Company in the fiscal year ended July 31, 2022 (¥7,612 million). The Company has no capital or personal relationship with the seller.
2. Settlement of purchase of real estate for sale in Minato-ku, Tokyo
- Overview of purchased property
No. | Location | Category | Total floor area | Land area (m2) |
(m2) | ||||
1 | Minato-ku, Tokyo | Revenue-generating | 390.84 | 126.52 |
residence | ||||
(4) Status of the purchase settlement
Under the terms of a confidentiality agreement concluded with the seller regarding the real estate purchase contract, the Company refrains from publishing the name of the seller and the purchase price of the property. The purchase price of the above property is an amount equivalent to less than 30% of the net assets of the Company in the fiscal year ended July 31, 2022 (¥7,612 million). The Company has no capital or personal relationship with the seller.
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2. Future directions
The Company is carrying out sales promotion activities for the properties listed above, and if the sale of these real estate for sale properties affects aspects of the Company's business such as financial status or performance, this will be promptly disclosed.
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Disclaimer
ARDEPRO Co. Ltd. published this content on 25 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 September 2023 07:48:06 UTC.
