Lead Real Estate Co., Ltd Announces Sale of Planned Single-Family Home, REAL PRO SERIES Ookayama in Tokyo
- Property is located in a prime area near Tokyo Institute of Technology and major dining/shopping districts
- Project benefits from architectural expertise of Pro Style Design Office Inc., known for luxury designs
- Property offers convenient access to major shopping districts within 10 minutes by train
- None.
Insights
Lead Real Estate secured a sales contract for their luxury REAL PRO Ookayama home, showing positive traction in their high-end Tokyo property portfolio.
The announcement of a signed sales contract for the REAL PRO Ookayama property represents a positive revenue-generating development for Lead Real Estate. This planned luxury single-family wooden home will span 2,029.3 square feet of building area on a 1,784.2 square foot land plot in the desirable Meguro ward of Tokyo.
The Ookayama location offers significant strategic advantages in the luxury real estate market. The property benefits from proximity to the prestigious Tokyo Institute of Technology, creating consistent demand from affluent academics and professionals. The neighborhood's established dining district with its nostalgic atmosphere adds cultural value that typically commands premium pricing in Tokyo's luxury segment.
The collaboration with Pro Style Design Office enhances the property's market positioning. Their "Total space with high degree of perfection" philosophy aligns with current luxury market trends where buyers increasingly value customized, high-density living spaces with integrated amenities rather than just square footage.
The transportation connectivity to major shopping districts like Jiyugaoka and Futako-Tamagawa (both just 10 minutes away) significantly boosts the property's marketability and potential resale value. This connectivity factor is especially valuable in Tokyo, where convenience to key locations typically translates to price premiums.
This sale indicates Lead Real Estate is successfully executing its business model of developing premium properties in strategic Tokyo locations, with this project joining their portfolio spanning Tokyo, Kanagawa prefecture, and Sapporo.
TOKYO, May 30, 2025 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or “the Company”), a Japanese real estate developer of luxury residential properties including single-family homes and condominiums across Tokyo, Kanagawa prefecture and Sapporo, is announcing the signing of a sales contract for its planned luxury single-family home, REAL PRO Ookayama.
A luxury single-family home, REAL PRO SERIES Ookayama, located in Ookayama, Meguro, Tokyo, will be constructed from wood and feature two floors above ground. It will have a building area of 2,029.3 square feet and a land area of 1,784.2 square feet.
Ookayama – Nostalgia that fills the soul
Ookayama features a large dining district that caters to a diverse audience. A well-known spot, the Ookayama Underground Dining Area, is famous for its nostalgic atmosphere, which exudes a “Showa Era vibe.” It features vintage diners, some of which have been in operation for over 50 years. The livability of this town is further enhanced with the presence of Tokyu hospital, “Japan’s first hospital above a station”, and the prestigious Tokyo Institute of Technology.
Area Features
[University Town]
Ookayama is primarily known for being a “Student Town”, being home to the prestigious Tokyo Institute of Technology, which is situated at the front of the Ookayama station, acting as the symbol of the town.
[Large Dining District]
- The large dining district that stretches out on a straight line of 500 meters from the north entrance of the Ookayama station is one of the appeals of the town of Ookayama.
- The famed Ookayama Underground Dining Area, known for its old school Japanese pubs and diners, welcomes guests of all generations.
[Access to Major Shopping Districts]
- Ookayama Station has direct, convenient train access to major shopping districts in its proximity, including the Jiyugaoka and Futako-Tamagawa shopping districts, both just 10 minutes away from the station.
~REAL PRO Series~
The architectural design of this property is supervised by Pro Style Design Office Inc., which has long experience in luxury architectural designs. The company bases its work on the following philosophy: “Total space with a high degree of perfection.”
“In ‘custom-built houses’ and ‘dwelling with shops’, we create a high-density space by producing facilities, furniture, interior, lighting, art, sound, greenery, using luxury brands to suit the owner's lifestyle in all aspects of clothing, food, housing, and recreation.”
Beautiful View Villa (On left) & Luxury Italian Casa (On Right) Produced by Pro Style Design
About Lead Real Estate Co., Ltd
Lead Real Estate Co., Ltd is a Japanese developer of luxury residential properties, including single-family homes and condominiums, across Tokyo, Kanagawa prefecture, and Sapporo. In addition, the Company operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas.
The Company’s mission is to serve its customers by offering stylish, safe, and luxurious living. The Company’s vision is to adopt the Kaizen (continuous improvement) approach to seek to improve its operations, and to leverage its nationally recognized, award-winning luxury homes and strong market position in the luxury residential property market in Tokyo, Kanagawa prefecture, and Sapporo to create a global transaction platform allowing access to prime Japanese condominiums as well as overseas condominiums, including in the U.S. and Hong Kong.
For more information, please visit the Company’s website at https://www.lead-real.co.jp/en/.
Forward-looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors that may affect its future results in the Company's registration statement and in its other filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Contact Information:
For Media and Investor Relations
Daisuke Takahashi
Chief Financial Officer
Lead Real Estate Co., Ltd
d-takahashi@lead-real.co.jp
+81 3-5784-5127
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com
Attachments
FAQ
What is the size of Lead Real Estate's REAL PRO SERIES Ookayama property?
Where is LRE's REAL PRO SERIES Ookayama property located?
Who is designing Lead Real Estate's REAL PRO SERIES Ookayama project?
What are the key features of the Ookayama area where LRE's new property is located?
What type of construction will be used for LRE's REAL PRO SERIES Ookayama?
