[Translation] December 4, 2020 Company Name: Prospect Co., Ltd. Representative: Representative Director and President Nobuhiko Izumi (Security Code: 3528 TSE 2nd Section) Notice regarding decision on the initial project of real estate investment type crowdfunding "Ooya.com" Prospect Co., Ltd. (hereinafter the “Company”) is pleased to inform that "Foresight Minami Azabu" owned by Glo-bels has been chosen as the first project in the real estate investment type crowdfunding "Ooya.com" operated by our consolidated subsidiary Glo-bels Co., Ltd. (hereinafter "Gro-bels"). The investment application is scheduled for December 14, 2020 (Monday). Note 1. Outline of the initial project Foresight Minami Azabu This property is located in the pristine neighborhood of Minami-Azabu, Minato-ku, Tokyo, a 5- minute walk from Hiroo Station on the Hibiya Line. It is fully occupied as of November 2020. Rental income has been stable since the acquisition by Gro-bels, and we assume the use of the rental income to fund dividend distribution. Property Description Rental property with leasehold right (1 building) Foresight Minami Azabu Access 5-minute walk from "Hiroo" station on the Tokyo Metro Hibiya line Investment purpose Rental property Location 4-5-48 Minami-Azabu, Minato-ku, Tokyo Structure Steel-framed reinforced concrete flat roof 5 stories Date of construction Built in March 1992 Type of property Office and residence Current status Fully occupied as of November 2020 * Please visit the following page for details of the property. https://cf-ooya.com/fund/detail/1/lp 2. About the conclusion of purchase guarantee contract As announced in the "Notice regarding business alliance at the Company’s consolidated subsidiary Gro-bel Co., Ltd." dated October 29, 2020, Gro-bels has entered into a business alliance agreement with Nihon Hoshou Co., Ltd. (hereinafter "Nihon Hoshou". Headquarters: Minato-ku, Tokyo, Representative Director: Ryuichi Atsuta) in regards to real estate investment-type cloud funding business. The purpose is to provide purchase guarantees to the rental properties handled by "Ooya.com" to differentiate from competing products when constructing products and services related to real estate investment type crowdfunding. Nihon Hoshou has already started the guarantee business in the loan-type crowdfunding business, but this is the first attempt in the investment-type crowdfunding business. 3. About "Ooya.com" "Ooya.com" (https://www.cf-ooya.com) is a real estate investment product that can be started from a small lot investment with the basic concept of "Anyone can easily become a landlord". Since the processes of application, contracting, withdrawal and deposit can all be completed online, investors are able to proceed without face-to-face interaction. Investors can invest in various rental properties that Glo-bels owns and plans to own, and Glo-bels will perform all the tedious building management and procedures such as tenants’ moving in or out. Reports will be issued regularly to investors. Glo-bels is responding to investors’ diverse needs by utilizing its know-how and property valuation experiences that it has cultivated as a real estate agent, and utilizes the know-how of Nihon Hoshou to expand services and products of "Ooya.com". End ※Inquiries regarding this matter Prospect Co., Ltd. General Affairs Department Mr. Sudo / Mr. Otsuka (TEL 03-3470-8411) .
Details
-
File Typepdf
-
Upload Time-
-
Content LanguagesEnglish
-
Upload UserAnonymous/Not logged-in
-
File Pages3 Page
-
File Size-