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Shilla HD Completes Payment for Acquisition of Land for Development of Properties for Sale

NQ Score 50/100

AI Summary (NQ-processed)

Shilla HD has completed the acquisition of land for real estate development in Futaba, Shinagawa-ku, Tokyo.

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Frequently Asked Questions

Q: What is the purpose of this land acquisition?
A: It is for the construction and sale of new condominiums.
Q: What are the characteristics of the development area?
A: The Shimo-shinmei area has multiple stations within walking distance. It is a comfortable residential area where a quiet residential neighborhood and abundant parks coexist, while also being the center of Shinagawa Ward's functions.
Q: When is the contribution to earnings from this development expected?
A: It is expected to be from the fiscal year ending May 2028 onwards.