Lead Real Estate Co., Ltd Anticipates Completion of New Hotel, ENT TERRACE ASAKUSABASHI, in Tokyo
Lead Real Estate (LRE) has announced the anticipated completion of its new extended-stay hotel, ENT TERRACE Asakusabashi, in April 2025. Located in Tokyo's Asakusabashi district, the property features 8 rooms across 9 floors and is constructed with reinforced concrete. The hotel spans a building area of 564.67 square feet on a land area of 821.7 square feet.
The property is strategically positioned just 4 minutes walking distance from Asakusabashi station, offering convenient access to major hubs like Tokyo station (10 minutes) and Shinagawa station (20 minutes). The location is notable for its historic wholesale district, spanning 700 meters along Edo-dori Avenue, known for specialty stores selling dolls, accessories, and crafts. The area also features diverse dining options including Japanese, Chinese, and café establishments.
Lead Real Estate (LRE) ha annunciato il completamento previsto del suo nuovo hotel a lungo soggiorno, ENT TERRACE Asakusabashi, per aprile 2025. Situato nel quartiere Asakusabashi di Tokyo, la struttura dispone di 8 camere distribuite su 9 piani ed è costruita in calcestruzzo armato. L'hotel occupa una superficie edificabile di 564,67 piedi quadrati su un'area di terreno di 821,7 piedi quadrati.
La proprietà è strategicamente posizionata a soli 4 minuti a piedi dalla stazione di Asakusabashi, offrendo un accesso comodo a importanti hub come la stazione di Tokyo (10 minuti) e la stazione di Shinagawa (20 minuti). La posizione è nota per il suo storico distretto all'ingrosso, che si estende per 700 metri lungo Edo-dori Avenue, famoso per i negozi specializzati nella vendita di bambole, accessori e artigianato. L'area offre anche diverse opzioni gastronomiche, tra cui ristoranti giapponesi, cinesi e caffè.
Lead Real Estate (LRE) ha anunciado la finalización anticipada de su nuevo hotel de estancia prolongada, ENT TERRACE Asakusabashi, para abril de 2025. Ubicado en el distrito Asakusabashi de Tokio, la propiedad cuenta con 8 habitaciones distribuidas en 9 pisos y está construida con hormigón reforzado. El hotel abarca una superficie de construcción de 564,67 pies cuadrados en un área de terreno de 821,7 pies cuadrados.
La propiedad está estratégicamente situada a solo 4 minutos a pie de la estación de Asakusabashi, lo que ofrece un acceso conveniente a importantes centros como la estación de Tokio (10 minutos) y la estación de Shinagawa (20 minutos). La ubicación es notable por su histórico distrito mayorista, que se extiende por 700 metros a lo largo de la Avenida Edo-dori, conocida por sus tiendas especializadas en la venta de muñecas, accesorios y artesanías. La zona también cuenta con diversas opciones gastronómicas, que incluyen establecimientos japoneses, chinos y cafeterías.
리드 리얼 이스테이트 (LRE)는 2025년 4월에 새로운 장기 체류 호텔인 ENT TERRACE 아사쿠사바시의 완공을 발표했습니다. 도쿄 아사쿠사바시 지구에 위치한 이 호텔은 9층에 걸쳐 8개의 객실을 갖추고 있으며, 철근 콘크리트로 건설되었습니다. 호텔의 건축 면적은 564.67 제곱피트이며, 토지 면적은 821.7 제곱피트입니다.
이 호텔은 아사쿠사바시 역에서 도보로 4분 거리에 전략적으로 위치하고 있어 도쿄 역(10분)과 시나가와 역(20분)과 같은 주요 허브에 편리하게 접근할 수 있습니다. 이 지역은 700미터에 걸쳐 에도 도리 대로를 따라 위치한 역사적인 도매 지구로 유명하며, 인형, 액세서리 및 공예품을 판매하는 전문 상점들이 있습니다. 또한 일본식, 중국식 및 카페를 포함한 다양한 식사 옵션도 제공됩니다.
Lead Real Estate (LRE) a annoncé l'achèvement prévu de son nouvel hôtel de séjour prolongé, ENT TERRACE Asakusabashi, pour avril 2025. Situé dans le quartier Asakusabashi de Tokyo, l'établissement dispose de 8 chambres réparties sur 9 étages et est construit en béton armé. L'hôtel s'étend sur une superficie de 564,67 pieds carrés sur un terrain de 821,7 pieds carrés.
La propriété est stratégiquement située à seulement 4 minutes à pied de la station Asakusabashi, offrant un accès pratique aux principaux nœuds tels que la gare de Tokyo (10 minutes) et la gare de Shinagawa (20 minutes). L'emplacement est remarquable pour son quartier de gros historique, s'étendant sur 700 mètres le long de l'avenue Edo-dori, connue pour ses magasins spécialisés dans la vente de poupées, d'accessoires et d'artisanat. La région propose également diverses options de restauration, y compris des établissements japonais, chinois et des cafés.
Lead Real Estate (LRE) hat den voraussichtlichen Abschluss seines neuen Langzeitaufenthalts-Hotels, ENT TERRACE Asakusabashi, für April 2025 angekündigt. Das Hotel befindet sich im Stadtteil Asakusabashi in Tokio und bietet 8 Zimmer auf 9 Etagen, die aus Stahlbeton gebaut sind. Die Hotelfläche beträgt 564,67 Quadratfuß auf einem Grundstück von 821,7 Quadratfuß.
Die Immobilie ist strategisch nur 4 Gehminuten von der Station Asakusabashi entfernt und bietet bequemen Zugang zu wichtigen Knotenpunkten wie dem Bahnhof Tokio (10 Minuten) und dem Bahnhof Shinagawa (20 Minuten). Die Lage ist bemerkenswert für ihr historisches Großhandelsviertel, das sich über 700 Meter entlang der Edo-dori Avenue erstreckt und bekannt ist für Fachgeschäfte, die Puppen, Accessoires und Kunsthandwerk verkaufen. Die Gegend bietet auch eine Vielzahl von Gastronomieoptionen, darunter japanische, chinesische und Café-Betriebe.
- Strategic location with excellent connectivity to major Tokyo stations
- Property situated in historic commercial district with established tourist appeal
- Diversified revenue stream through entry into extended-stay hotel segment
- Small property size may limit revenue potential
- room inventory (only 8 rooms) may affect scalability
- Building area smaller than land area suggests potentially inefficient land use
TOKYO, March 26, 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 extended stay hotel, ENT TERRACE Asakusabashi, in April 2025.
An 8-room extended stay type hotel, ENT TERRACE Asakusabashi, located in Asakusabashi, Daitō, Tokyo, is made from reinforced concrete and has 9 floors above ground. It has a building area of 564.67 square feet and a land area of 821.7 square feet.
Asakusabashi—A Town of Timeless Craftsmanship
The Asakusabashi district is a small area, less than 1 square kilometer, consisting of Asakusabashi, Yanagibashi, Torigoe, and Kuramae 1-chome, with Sumida River to the east and the Kanda River to the south. Asakusabashi has its origin as a transportation hub and a wholesale district for dolls, stationery, and toys during the Edo Period. Today, Asakusabashi gives out a unique downtown atmosphere, where local businesses, craftsmen, and creators flock keeping alive the spirit of craftsmanship.
Folding Screen Depicting Edo Period, Right Screen, Six Panel (Asakusa Bridge Section) (Source: Lead Real Estate)
Property Features
[High Accessibility]
- The nearest station to the hotel is the Asakusabashi station, which only takes about 4 minutes by walking.
- The Asakusabashi station has good access to other major stations, such as Tokyo station (10 minutes) and Shinagawa station (20 minutes), and has smooth access to Central Tokyo.
[Wide Variety of Restaurants]
- One of the appeals of Asakusabashi is the diverse selection of eateries that can be enjoyed: Japanese, Chinese, Cafes and so much more.
[Asakusabashi Wholesale District]
- The Asakusabashi Wholesale District stretches about 700 meters long along Edo-dori Avenue and is home to a wide variety of specialty stores, including doll wholesalers, accessory parts, and balloons.
- Given the wide selection of goods and low prices, the Asakusabashi Wholesale District attracts a lot of attention from handmade and DIY enthusiasts.
Location of ENT TERRACE ASAKUSABASHI and Major Stations Near to the Hotel (Source: Lead Real Estate)
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
- Folding Screen Depicting Edo Period, Right Screen, Six Panel
- Location of ENT TERRACE ASAKUSABASHI and Major Stations Near to the Hotel
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