SYLA Technologies (SYT) announced that SYLA, a wholly owned subsidiary of the Company, sold four buildings from its condominium brand, the SYFORME series, to a private fund managed by BlackRock’s (BLK) Real Estate business. In December 2023, SYLA entered into an agreement on business collaboration with a private fund managed by BlackRock’s Real Estate business. This condominium sale represents a tangible milestone based on the agreement. Taking this opportunity, SYLA is committed to further strengthening the mutual collaboration, such as providing opportunities for the private fund managed by BlackRock’s Real Estate business to invest in SYLA’s real estate projects in Japan, particularly centered around its SYFORME condominium brand series.
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