Back 17 Nov 2025

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:

  • Acquisition details:

    • Purchased a 3-storey, 12-unit freehold residential building in Toyonaka City, Osaka, Japan.

    • Total land area: 250.93 m²; total built-up: 463.32 m².

    • All 12 units are currently fully tenanted, generating approx. JPY12.6 million/year in rental.

    • Purchase price: JPY208 million (partial bank borrowing, rest internal funds); JPY10M deposit paid, remainder due by Dec 26, 2025.

  • Purpose:

    • Part of group strategy to expand and diversify property rental business in Japan and reduce risk from China exposure.

    • Complements existing investments in Japan; follows earlier property acquisitions in Osaka region this year.

  • Financial impact:

    • Acquisition is expected to add positively to group financials from Jan 2026.

    • Relative size: ~9.8% of market cap; annual rental yields roughly 6% before one-offs.

    • No major change to group risk profile or assets; no shareholder approval required.

  • Other info:

    • SPA is conditional on obtaining bank loan approval by Dec 20, otherwise SPA void and deposit refunded.

    • Transaction negotiated at arm’s length with no related party or board interest.

    • No formal valuation was commissioned.

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.

  1. https://links.sgx.com/FileOpen/Yamada%20-%20Acquistion%20of%20Land%20and%20Building%20Toyonaka%20Osaka%20-%20Final.ashx?App=Announcement&FileID=867375