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Kasumigaseki Capital Co., Ltd. Notice regarding sale of Dubai project

Kasumigaseki Capital Co., Ltd.
Notice regarding sale of Dubai property
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Kasumigaseki Capital Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Representative Director: Koshiro Kawamoto, hereinafter referred to as the “Company”) is a subsidiary of KCDI THREE REAL ESTATE L.L.C. We would like to inform you that we have completed the sale and settlement of the project in Dubai).
[Image: https://prtimes.jp/i/48076/216/resize/d48076-216-cef77f09d5cac5db5a6a-0.png&s3=48076-216-51fd4947c07e53862af74af8e397eeb9-2486×1072.png ]
1. Property overview
[Table 2: https://prtimes.jp/data/corp/48076/table/216_1_9b3a795c3c258d624948878378fcafe6.jpg] 2. Selling party and selling price
Based on the confidentiality agreement between the Dubai subsidiary and the seller, we will refrain from disclosing the seller and the sale price. There are no capital, personnel, or business relationships that should be noted between the Company, its Dubai subsidiary, and the seller, and there are no problems with their attributes. 3. Future outlook
The above sale has already been factored into the consolidated financial forecast for the fiscal year ending August 2024. Sales will be recorded when the performance obligation is satisfied.
Company Profile
Company name: Kasumigaseki Capital Co., Ltd. Established: September 2011 Representative: Koshiro Kawamoto, Representative Director Head Office: 22nd Floor, West Building, Kasumigaseki Common Gate, 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-0013 : 17,963,560,000 yen (including capital reserves) *Number of employees as of the end of February 2024: 317 (consolidated group) *As of the end of February 2024 Main business: Real estate consulting business (logistics facility development, hotel development, healthcare facility development, overseas business)
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