Lead Real Estate Co., Ltd Announces Delivery of EXCELSIOR NAKAMEGURO in Tokyo
TOKYO, March 10, 2026 (GLOBE NEWSWIRE) -- Lead Real Estate Co., Ltd (Nasdaq: LRE) (“LRE” or the “Company”), a Japanese real estate developer of residential properties across Tokyo, Kanagawa Prefecture and Sapporo, today announced that it executed a sales contract for its income-producing condominium property, 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 property consists of three floors above ground, with a building area of approximately 4,667 square feet and a land area of approximately 2,805 square feet.
Actual Completed Exterior
Actual Completed Interior
Mr. Eiji Nagahara, Chief Executive Officer of Lead Real Estate Co., Ltd, commented:
“The sale and delivery of EXCELSIOR NAKAMEGURO demonstrates continued execution of our development and disposition strategy in central Tokyo. The disposition of this property reflects ongoing demand for our Excelsior series, and we continue to see opportunities to expand this product line in established residential areas of Tokyo.”
About Lead Real Estate Co., Ltd
Lead Real Estate Co., Ltd (Nasdaq: LRE) is a Japanese real estate developer of 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 strategy is focused on the development and disposition of income-producing residential properties in established urban markets, while leveraging its Excelsior and ENT TERRACE series brands.
Forward-Looking Statements
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