Yamada Green Resources Limited: Acquisition of Fully Tenanted Residential Building in Osaka for JPY208 Million
Link: https://links.sgx.com/1.0.0/corporate-announcements/91Z2ARCKR4CN94VC/ba97ce0d1bed1d3e64bae191710e99cf23b5e55fd154dcd063ea31fde48ca4cf
Summary:
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Acquisition details:
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Purchased a 3-storey, 12-unit freehold residential building in Toyonaka City, Osaka, Japan.
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Total land area: 250.93 m²; total built-up: 463.32 m².
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All 12 units are currently fully tenanted, generating approx. JPY12.6 million/year in rental.
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Purchase price: JPY208 million (partial bank borrowing, rest internal funds); JPY10M deposit paid, remainder due by Dec 26, 2025.
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Purpose:
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Part of group strategy to expand and diversify property rental business in Japan and reduce risk from China exposure.
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Complements existing investments in Japan; follows earlier property acquisitions in Osaka region this year.
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Financial impact:
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Acquisition is expected to add positively to group financials from Jan 2026.
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Relative size: ~9.8% of market cap; annual rental yields roughly 6% before one-offs.
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No major change to group risk profile or assets; no shareholder approval required.
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Other info:
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SPA is conditional on obtaining bank loan approval by Dec 20, otherwise SPA void and deposit refunded.
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Transaction negotiated at arm’s length with no related party or board interest.
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No formal valuation was commissioned.
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TL;DR:
Yamada Green is growing its Japanese property rental portfolio for stable cash flow and risk mitigation, with this Osaka deal adding a new, income-producing asset to the group from early 2026.