Lead Real Estate Co., Ltd Anticipates Completion of New Condominium, EXCELSIOR NAKAMEGURO, in Tokyo
Lead Real Estate (LRE) has announced the anticipated completion of its luxury condominium project, EXCELSIOR NAKAMEGURO, on February 28, 2025, in Tokyo. The 10-unit property, constructed with reinforced concrete, features three floors above ground with a building area of 4,667 square feet and a land area of 2,805 square feet.
Located in Kamimeguro, Meguro, the property is situated along the Jakuzure River Green Way, a 6km walkway known for its cherry blossoms and natural beauty. The development, informally called 'Green Path,' offers high accessibility to various amenities including sports facilities (Meguro Golf Training Course, Como Golf Academy, Meguro Tennis Court), hospitals, schools, and parks. The location benefits from its proximity to the upscale neighborhoods of Daikanyama and Ebisu, combining luxury living with natural surroundings.
Lead Real Estate (LRE) ha annunciato il completamento previsto del suo progetto di condomini di lusso, EXCELSIOR NAKAMEGURO, per il 28 febbraio 2025, a Tokyo. La proprietà, composta da 10 unità e costruita in cemento armato, presenta tre piani sopra il suolo con una superficie edificabile di 4.667 piedi quadrati e un'area di terreno di 2.805 piedi quadrati.
Situata a Kamimeguro, nel distretto di Meguro, la proprietà si trova lungo il Jakuzure River Green Way, un percorso pedonale di 6 km noto per i suoi ciliegi in fiore e la bellezza naturale. Lo sviluppo, informalmente chiamato 'Green Path', offre un'alta accessibilità a vari servizi, tra cui strutture sportive (Meguro Golf Training Course, Como Golf Academy, Meguro Tennis Court), ospedali, scuole e parchi. La posizione beneficia della sua vicinanza ai quartieri esclusivi di Daikanyama ed Ebisu, combinando vita di lusso con un ambiente naturale.
Lead Real Estate (LRE) ha anunciado la finalización anticipada de su proyecto de condominios de lujo, EXCELSIOR NAKAMEGURO, para el 28 de febrero de 2025, en Tokio. La propiedad de 10 unidades, construida con concreto reforzado, cuenta con tres pisos sobre el suelo, con un área de construcción de 4,667 pies cuadrados y un área de terreno de 2,805 pies cuadrados.
Ubicada en Kamimeguro, Meguro, la propiedad se sitúa a lo largo del Jakuzure River Green Way, un paseo de 6 km conocido por sus cerezos en flor y su belleza natural. El desarrollo, conocido informalmente como 'Green Path', ofrece alta accesibilidad a diversas comodidades, incluyendo instalaciones deportivas (Meguro Golf Training Course, Como Golf Academy, Meguro Tennis Court), hospitales, escuelas y parques. La ubicación se beneficia de su proximidad a los exclusivos vecindarios de Daikanyama y Ebisu, combinando vida de lujo con un entorno natural.
리드 리얼 에스테이트 (LRE)는 2025년 2월 28일 도쿄에서 고급 콘도미니엄 프로젝트인 엑셀시어 나카메구로의 예상 완공을 발표했습니다. 10세대로 구성된 이 건물은 철근 콘크리트로 건설되었으며, 지상 3층에 건물 면적은 4,667평방피트, 대지 면적은 2,805평방피트입니다.
메구로의 카미메구로에 위치한 이 건물은 자쿠즈레 강 그린 웨이(6km 산책로)沿에 있으며, 벚꽃과 자연의 아름다움으로 유명합니다. 비공식적으로 '그린 패스'라고 불리는 이 개발은 메구로 골프 연습장, 코모 골프 아카데미, 메구로 테니스 코트 등 다양한 스포츠 시설, 병원, 학교, 공원 등으로의 높은 접근성을 제공합니다. 이 위치는 다이칸야마와 에비스의 고급 주택가와 가까워 고급스러운 생활과 자연 환경을 결합하고 있습니다.
Lead Real Estate (LRE) a annoncé l'achèvement prévu de son projet de condominiums de luxe, EXCELSIOR NAKAMEGURO, pour le 28 février 2025, à Tokyo. La propriété de 10 unités, construite en béton armé, comprend trois étages au-dessus du sol avec une surface de construction de 4 667 pieds carrés et une superficie de terrain de 2 805 pieds carrés.
Située à Kamimeguro, dans le quartier de Meguro, la propriété se trouve le long du Jakuzure River Green Way, un chemin de 6 km connu pour ses cerisiers en fleurs et sa beauté naturelle. Le développement, appelé de manière informelle 'Green Path', offre un accès facile à diverses commodités, y compris des installations sportives (Meguro Golf Training Course, Como Golf Academy, Meguro Tennis Court), des hôpitaux, des écoles et des parcs. L'emplacement bénéficie de sa proximité avec les quartiers huppés de Daikanyama et Ebisu, alliant vie de luxe et environnement naturel.
Lead Real Estate (LRE) hat den voraussichtlichen Abschluss seines Luxus-Wohnanlagenprojekts EXCELSIOR NAKAMEGURO für den 28. Februar 2025 in Tokio angekündigt. Die 10-Einheiten-Immobilie, die aus Stahlbeton gebaut wurde, verfügt über drei Etagen über dem Boden mit einer Gebäudefläche von 4.667 Quadratfuß und einer Grundstücksfläche von 2.805 Quadratfuß.
Die Immobilie befindet sich in Kamimeguro, Meguro, entlang des Jakuzure River Green Way, einem 6 km langen Fußweg, der für seine Kirschblüten und natürliche Schönheit bekannt ist. Die Entwicklung, informell 'Green Path' genannt, bietet eine hohe Erreichbarkeit zu verschiedenen Annehmlichkeiten, einschließlich Sporteinrichtungen (Meguro Golf Training Course, Como Golf Academy, Meguro Tennis Court), Krankenhäusern, Schulen und Parks. Die Lage profitiert von der Nähe zu den gehobenen Stadtteilen Daikanyama und Ebisu, wodurch luxuriöses Wohnen mit natürlicher Umgebung kombiniert wird.
- Strategic location in upscale Tokyo neighborhood with high-demand amenities
- Income-producing property with 10 luxury units
- Premium positioning near cherry blossom viewing spots and luxury retail areas
- Walking distance to multiple facilities including sports, healthcare, and education
- None.
Insights
The completion of EXCELSIOR NAKAMEGURO represents a strategic addition to LRE's portfolio in one of Tokyo's most sought-after neighborhoods. The property's 10 luxury units with 4,667 square feet of building area are positioned in a prime location that historically commands premium rental rates and maintains strong occupancy levels.
Several key factors enhance this property's investment potential:
- Premium Location: Situated in Nakameguro, between Daikanyama and Ebisu, areas known for consistently high property values and strong rental demand from affluent tenants.
- Strategic Timing: The February completion aligns with Japan's peak moving season in March/April, potentially accelerating initial occupancy rates.
- Differentiated Offering: The property's proximity to the Jakuzure River Green Way and emphasis on natural surroundings creates a unique value proposition in Tokyo's dense urban environment.
- Infrastructure Premium: Walking distance access to multiple transportation options, educational institutions, and healthcare facilities typically commands 15-20% higher rental rates in Tokyo's luxury market.
From an investment perspective, this development aligns with Tokyo's luxury real estate market dynamics, where supply of new, high-end properties in prime locations typically results in strong occupancy rates and stable rental income streams. The property's modest size of 10 units suggests efficient management overhead while maintaining premium positioning.
TOKYO, Feb. 24, 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, today announced it expects to complete construction of its luxury income-producing condominium, EXCELSIOR NAKAMEGURO, on February 28, 2025.
Located in Kamimeguro, Meguro, Tokyo, EXCELSIOR NAKAMEGURO is a 10-unit property made from reinforced concrete and has three floors above ground. It has a building area of 4,667 square feet and a land area of 2,805 square feet.
Location
Nakameguro, Where Nature Meets Luxury
Here, one finds cherry blossoms, coffee shops, immaculately designed lunch spots, and vintage shops. Centered around the Meguro River and nestled between the chic areas of Daikanyama and Ebisu, Nakameguro is blessed both with a taste of luxury and an abundance of nature. Some of the best places to enjoy Hanami (cherry blossom viewing) in Tokyo are the Meguro River and its surrounding neighborhoods, which come alive during that season when people flock to see the cherry blossoms lining both sides of the river.
Property Features
- The property, informally named “Green Path,” is along the lush sidewalk of Jakuzure River Green Way, where tenants can enjoy nature in all four seasons.
- The property has high accessibility to sports recreational facilities, such as a golf course and tennis courts, which are within walking range of the property.
Property Features – Green Path
- The Jakuzure River Green Way or Green Path, commonly known in Japanese as “Ryokudou,” is a 6 km long walkway spanning from Setagaya and ending near Nakameguro Station.
- The walkway spreads along one of the branch streams (Jakuzure River) of the Meguro River and passes through the quiet neighborhoods of both Setagaya and Meguro districts.
- It is one of the most sought-after spots during the Hanami season, where residents from surrounding areas flock to enjoy the beauty of Tokyo’s cherry blossoms.
High Accessibility
- The property features easy access (primarily walkable) to sports facilities, hospitals, schools, and parks.
- The sports facilities nearby include the Meguro Golf Training Course, Como Golf Academy, and Meguro Tennis Court.
- The hospitals nearby are Self Defense Force Central Hospital and Mishuku Hospital.
- The schools nearby are Higashiyama Elementary School, Higashiyama High School, and Kodomo Edu International School (pre-school).
- The parks nearby are Setagaya Park, Setagaya Children’s Park, and Higashiyama Park.
Digital Renderings of EXCELSIOR NAKAMEGURO 10-Unit Property
EXCELSIOR NAKAMEGURO location within walking distance to nearby amenities, including the Nakameguro Station
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 America’s, 5th Floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com
Attachments
- Digital Renderings of EXCELSIOR NAKAMEGURO 10-Unit Property
- EXCELSIOR NAKAMEGURO location within walking distance to nearby amenities, including the Nakameguro Station
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