Lead Real Estate Stock Price, News & Analysis

Lead Real Estate (LRE) has announced the construction of a new luxury condominium project, EXCELSIOR SHAKUJII-KOEN, in Tokyo's Nerima District. Construction began on March 21, 2025, for this 22-unit property located in Shakujii 2-Chome.

The reinforced concrete building will feature six floors above ground, with a building area of 13,021 square feet and a land area of 4,430 square feet. The property is strategically located just a five-minute walk from Shakujii Park Station and is surrounded by various amenities including the Emio Shakujii Park shopping mall.

The location offers residents access to Shakujii Park, featuring 290 cherry trees, Sanboji Pond, and various recreational facilities. The area is known for its family-friendly environment, with numerous educational institutions, hospitals, and community events nearby.

Lead Real Estate (Nasdaq: LRE) has successfully transferred its American Depositary Shares (ADSs) from The Nasdaq Global Market to The Nasdaq Capital Market, effective March 27, 2025. The transfer follows the company's application submitted on March 17, 2025, which received approval from Nasdaq.

The Japanese luxury real estate developer's ADSs continue to trade under the symbol 'LRE' without any disruption to trading activities. Each ADS represents one ordinary share of the Company. The transfer is expected to render moot a previous Nasdaq hearing held on March 20, 2025.

Lead Real Estate (LRE) has announced the anticipated completion of its new extended-stay hotel, ENT TERRACE Asakusabashi, in April 2025. Located in Tokyo's Asakusabashi district, the property features 8 rooms across 9 floors and is constructed with reinforced concrete. The hotel spans a building area of 564.67 square feet on a land area of 821.7 square feet.

The property is strategically positioned just 4 minutes walking distance from Asakusabashi station, offering convenient access to major hubs like Tokyo station (10 minutes) and Shinagawa station (20 minutes). The location is notable for its historic wholesale district, spanning 700 meters along Edo-dori Avenue, known for specialty stores selling dolls, accessories, and crafts. The area also features diverse dining options including Japanese, Chinese, and café establishments.

Lead Real Estate (LRE) has announced plans for ENT TERRACE Tsukiji 6 Chome, a new 8-room extended stay hotel in Tokyo's Tsukiji district. The 9-floor reinforced concrete structure will have a building area of 6,698 square feet on a 1,016-square-foot land plot owned by the company.

The hotel project is strategically positioned within the ongoing Tsukiji District Community Development Project, a major urban redevelopment initiative by the Tokyo Metropolitan Government that commenced in March 2022. This $600 million development project spans 19 hectares and involves 11 major companies, including Mitsui Real Estate and Toyota Automobile.

The development will feature a multifunctional super facility with a 50,000-person capacity, a new subway station, and boat transportation facilities. Construction of the hotel will begin once a prospective buyer is secured, as the land is being sold with hotel construction conditions.

Lead Real Estate (LRE) has announced the anticipated completion of its luxury condominium project, EXCELSIOR NAKAMEGURO, on February 28, 2025, in Tokyo. The 10-unit property, constructed with reinforced concrete, features three floors above ground with a building area of 4,667 square feet and a land area of 2,805 square feet.

Located in Kamimeguro, Meguro, the property is situated along the Jakuzure River Green Way, a 6km walkway known for its cherry blossoms and natural beauty. The development, informally called 'Green Path,' offers high accessibility to various amenities including sports facilities (Meguro Golf Training Course, Como Golf Academy, Meguro Tennis Court), hospitals, schools, and parks. The location benefits from its proximity to the upscale neighborhoods of Daikanyama and Ebisu, combining luxury living with natural surroundings.

Lead Real Estate (LRE), a Japanese luxury real estate developer, received a delisting determination letter from Nasdaq on February 12, 2025. The notice states that LRE failed to maintain compliance with Nasdaq Listing Rule 5450(b)(1)(C), which requires a minimum market value of publicly held shares of $5,000,000.

Unless LRE appeals, trading of its American Depositary Shares will be suspended on February 21, 2025, followed by delisting procedures. The company plans to request a hearing by February 19, 2025, to appeal the determination, which would stay the suspension pending the Hearings Panel's decision.

Lead Real Estate (Nasdaq: LRE) announced that two of its extended-stay hotels, ENT TERRACE ASAKUSA and ENT TERRACE AKIHABARA, have received Booking.com's Traveler Review Awards 2025. This marks the first recognition for ENT TERRACE ASAKUSA and the second consecutive award for ENT TERRACE AKIHABARA. The awards, part of Booking.com's 13th annual program, are based on over 360 million guest reviews and recognize establishments delivering outstanding service throughout the year.

Lead Real Estate Co., (LRE) has announced a strategic business alliance with Prostyle Design Co., , effective November 28, 2024. The partnership aims to enhance the development and sales of luxury real estate properties in prime Tokyo locations, including Minato-ku, Shibuya-ku, and Chuo-ku.

The collaboration focuses on maximizing client asset value through the procurement, planning, development, and sales of luxury detached houses, commercial hotel buildings, and condominiums. Prostyle Design, known for their concept of 'Living with Food, Clothing, Shelter, and Pleasure,' will contribute their expertise in interior design using world-class design elements and top brand furniture, targeting the ultra-wealthy market segment.

Lead Real Estate (LRE) has announced the successful sale and delivery of two luxury condominium buildings in Tokyo in December 2024. The first property, Excelsior Nishi Azabu 2 Chome in Minato-ku, is a 3-unit building featuring reinforced concrete construction with one basement and three above-ground floors, spanning 4,985 square feet of building area on 2,238 square feet of land. The second property, The Real Building Nishi Waseda in Shinjuku-ku, is a 5-unit steel frame structure with five floors, covering 3,220 square feet of building area on 726 square feet of land.

Both properties are situated in prime Tokyo locations, with Nishi Azabu offering proximity to financial centers and shopping districts, while Nishi Waseda is near parks, Waseda University, and subway stations. Due to confidentiality agreements, the sale prices and buyer details were not disclosed.