We have formed a capital-focused (*) No. 20 fund, “RENOSY ASSET Crowdfunding,” a crowdfunding service specializing in second-hand apartments in the city that can start from 10,000 yen. We will start recruiting for investment on the service site from 15:00 on Thursday, September 24th 2020.

The application period is until 12:00 on Thursday, October 1, 2020, and the investment will be confirmed through a strict lottery. The results of the lottery will be sent to the registered email address on Monday, October 5th.

Service site: https://www.renosy.com/funding

Property under management: Fortuna Nihonbashi
Location: 14-9, Nihonbashi Kobunacho, Chuo-ku, Tokyo
Completion month: March 2001
Total investment amount: 22.1 million yen
Total amount offered: 19.89 million yen
Number of units offered: 1,989 units
Investment period: 3 months
*The investment period may end before the scheduled expiration date depending on the property's operating conditions.
Scheduled distribution rate: 4% per annum (before tax)
Investment risks and other information will be provided at the time of investment.
Application fee: No application fee
Cancellation during the term: Permitted
However, profit distribution will be paid to investors as of the last day of the calculation period.
Cancellation fee: 1,100 yen (tax included)

(*) A capital-focused fund is a mechanism that allows you to receive two types of dividends: income gain (operating gain) from rent income from tenants and capital gain (gain on sale) from the sale of properties. Rental income during the operation period and profit on sale at the end of the operation period will be returned to investors as distributions after the operation period ends.