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Lead Real Estate Co., Ltd Announces Delivery of EXCELSIOR NAKAMEGURO in Tokyo

  • Lead Real Estate Co., Ltd (NASDAQ: LRE) executed a sales contract for EXCELSIOR NAKAMEGURO on February 17, 2026.
  • The company completed the delivery of the property on February 27, 2026.
  • EXCELSIOR NAKAMEGURO is a 10-unit reinforced concrete condominium located in Kamimeguro, Meguro, Tokyo.
  • The building consists of three floors above ground with a building area of approximately 4,667 square feet.
  • The land area of the property is approximately 2,805 square feet.
  • CEO Eiji Nagahara stated the transaction reflects continued execution of the company's development & disposition strategy in central Tokyo.
  • The sale demonstrates ongoing demand for the Excelsior series in established residential areas of Tokyo.
  • Lead Real Estate develops residential properties across Tokyo, Kanagawa Prefecture, & Sapporo.
  • The company operates hotels in Tokyo & leases apartment units in Japan & Dallas, Texas.
  • The company's strategy focuses on income-producing residential properties using the Excelsior & ENT TERRACE brands.