SYLA Technologies Co., Ltd. ADR (SYT) has released an update.
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SYLA Technologies Co., Ltd., known for operating Japan’s largest real estate crowdfunding platform, has announced its subscription to the third-party allotment of new shares by CUMICA CORPORATION. This strategic move will see SYLA investing approximately 600 million yen to strengthen its partnership with CUMICA, aimed at creating synergistic business opportunities in condominium development. The increased shareholding will bolster SYLA’s influence and collaboration in developing innovative living solutions, such as combined residence concepts and tech-enhanced senior housing.
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