News Release

DAIKYO Completes Construction of Lions Forsia Oshiage Rental Condominium―Tenancy to Begin in the Middle of September
~Featuring a residents-only café and lounge area with Wi-Fi~

Sep 15, 2021

TOKYO, Japan - September 15, 2021 - DAIKYO INCORPORATED (“DAIKYO”) announced that it has completed construction of Lions Forsia Oshiage, a rental condominium under DAIKYO’s original brand with 7 floors and a total of 37 units, located in Tokyo’s Sumida-ku. Tenants can begin moving in from the middle of September 2021.

Building exterior

Building exterior

Building entrance

Building entrance

 

 

Lions Forsia Oshiage is favorably located just three minutes’ walk from Oshiage Station on the Tokyo Metro Hanzomon, TOBU SKYTREE, Toei Asakusa, and Keisei Oshiage Lines, and 12 minutes’ walk from TOKYO SKYTREE Station on the TOBU SKYTREE Line. The property is situated in a highly convenient area that retains a traditional downtown atmosphere, with both large-scale shopping faclities such as TOKYO Solamachi and old grocery stores and public baths nearby.
Lions Forsia Oshiage offers a total of six types and five floor plans—six 1K units, twelve 1DK units, six 1LDK units, seven 2K units and six 2DK units—and caters to the diverse needs of both single and family tenants.
All units promise abundant daylight and ventilation, with the west-facing balconies on the upper floors also offering views of TOKYO SKYTREE. All units are provided with their own delivery boxes, and equipped with IoT lighting that can be remotely operated via a smartphone app. In terms of security, each unit has its own door lock, while multiple locks are equipped to the windbreak room, entrance, and elevators for superior safety and security.
The communal space on the first floor features a café and lounge area for the exclusive use of residents; it houses a vending machine that serves coffee made with freshly ground beans, desks fitted with power outlets, and Wi-Fi connectivity. The space is ideal both for remote working and for small, casual meetings.
DAIKYO will continue to create comfortable homes that cater to the needs of its customers.

1. Features of Lions Forsia Oshiage

(1) A café and lounge space ideal for teleworking
The communal space on the first floor features a café and lounge area, which houses a vending machine that serves coffee made with freshly ground beans. In addition to Wi-Fi connectivity, the space is furnished with desks fitted with power and USB outlets, making it ideal both for remote working and for meetings with small numbers of people.

The café and lounge area

The café and lounge area

Coffee vending machine

Coffee vending machine

 

 

Indoor corridor

Indoor corridor

(2) Communal spaces designed with safety and security in mind
To ensure security in communal spaces, multiple locks have been fitted to the windbreak room, the entrance, and elevators; the locks can be easily and conveniently opened by holding keys embedded with IC chips to receivers. In addition, each residential unit is accessed via indoor corridors to safeguard privacy and provide safe and secure living.

(3) Bright living rooms with abundant daylight, ventilation, and views
The condominium is designed to provide outstanding daylight, ventilation, and views. Indeed, west-facing rooms on the upper floors offer views of TOKYO SKYTREE. Living rooms are decorated with relaxing blue cloth inspired by the sky, to create bright spaces with a sense of solidity.

Balcony view

Balcony view

Living room

Living room

 

 

2. Property overview
Name Lions Forsia Oshiage
Address 4-5 Narihira, Sumida-ku, Tokyo (condominium address)
Access 3 minutes on foot from Oshiage Station on the Tokyo Metro Hanzomon, TOBU SKYTREE, Toei Asakusa, and Keisei Oshiage Lines; 12 minutes on foot from TOKYO SKYTREE Station on the TOBU SKYTREE Line
Scale and structure Reinforced concrete structure; 7 levels above ground
Site area 390.14m2
Total floor area 1,557.26m2
Total units 37
Unit area 25.50–40.80m2
Unit plans 1K, 1DK, 1LDK, 2K and 2LDK
Rental fees 109,000–184,000 yen
Management fees 10,000 yen for 1K, 1DK and 2K units; 15,000 yen for 1LDK and 2LDK units
Facilities Automatic door locks; 24‐hour garbage collection point; video door-phone; picture rail; separate washstand; toilet with warm-water bidet function; bathroom ventilation fans and dehumidifiers; bathwater reheating function; delivery lockers (Lions mybox); elevator; air-conditioners in all rooms; 2-burner gas stove; parking space for 1 cars, 4 motorcycles, and 43 bicycles; BS and CS satellite TV, cable TV, and internet (in residential units); Wi-Fi in both residential and communal spaces
Date of completion August 27, 2021
Move‐in date Middle of September 2021 (planned)
Design supervision KYODO ENGINEERING CORPORATION
Construction Daito Trust Construction Co., Ltd.

Location map

Location map

3. About DAIKYO’s Lions Forsia series of rental condominiums
Lions Forsia is DAIKYO’s rental condominium brand, and uses expertise cultivated by the company since it began developing condominiums in 2007. Thus far, DAIKYO has developed 17 Lions Forsia rental condominiums (including this property) in Tokyo, Kanagawa, and Osaka Prefectures; the majority of tenants comprise those in their 20s, 30s, and 40s who work in city centers, including singles, husbands and wives who both work, and families with small children. These carefully and uniquely designed condominiums incorporate trends from hotels and commercial facilities in their exteriors, while offering a range of unit plans and catering to the lifestyle needs of rental housing residents employed in the cities.

Contact Information:
Investor Relations and Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121

About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is a financial services group which provides innovative products and services to its customers by constantly pursuing new businesses.
Established in 1964, from its start in the leasing business, ORIX has advanced into neighboring fields and at present has expanded into lending, investment, life insurance, banking, asset management, automobile related, real estate and environment and energy related businesses. Since entering Hong Kong in 1971, ORIX has spread its businesses globally by establishing locations in 31 countries and regions across the world.
Going forward, ORIX intends to utilize its strengths and expertise, which generate new value, to establish an independent ORIX business model that continues to evolve perpetually. In this way, ORIX will engage in business activities that instill vitality in its companies and workforce, and thereby contribute to society. For more details, please visit our website: https://www.orix.co.jp/grp/en/
(As of March 31, 2021)

Caution Concerning Forward Looking Statements:
These documents May contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filed with the United States Securities and Exchange Commission and under “(4) Risk Factors” of the “1. Summary of Consolidated Financial Results” of the “Consolidated Financial Results April 1, 2020 – March 31, 2021.”

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