Japan Property Management Center Co.,Ltd. agreed to acquire Shinei, K.K./Shinei-Estate Co., Ltd. from Yoshihisa Nakahira and Five others for ¥2.6 billion.
June 31, 2021
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Japan Property Management Center Co.,Ltd. (TSE:3276) agreed to acquire Shinei, K.K./Shinei-Estate Co., Ltd. from Yoshihisa Nakahira and Five others for ¥2.6 billion on June 1, 2021. Transaction was approved from Board of Directors of Japan Property Management Center approved the transaction. Transaction is expected to close on July 20, 2021. Advisory fees is ¥100 million.
Japan Property Management Center Co Ltd is a Japan-based company mainly engaged in the development of property management business nationwide, centered on lump-sum lease business. The Company rents real estate properties (rental housing such as rental condominiums and rental apartments) from real estate owners and subleases them to general residents. The Company is engaged in the rental management on behalf of landlords. Construction work, remodeling work, real estate property management and brokerage, and management of elderly housing are operated by partner companies (real estate management companies, construction companies, remodeling companies, and long-term care companies) nationwide. The Company is also engaged in the delinquency guarantee business, insurance business, broadband business (JPMC Hikari), sales business of building materials, and contract for renewal, remodeling and renovation work in the metropolitan area.
Japan Property Management Center Co.,Ltd. agreed to acquire Shinei, K.K./Shinei-Estate Co., Ltd. from Yoshihisa Nakahira and Five others for ¥2.6 billion.
JAPAN PROPERTY MANAGEMENT CENTER CO.,LTD. 
