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Lead Real Estate Co IPO Presentation Deck

Lead Real Estate Co. Ltd Luxury Residential Market in Tokyo According to research by Savills Research published in March 2022 demand for Tokyo luxury residential remained strong, with luxury condos in particular being attractive for investors¹. The following factors drove continued strength in the Tokyo luxury residential market in 2020: Japan remained among the top three countries for ultra-high net worth individuals;' Tokyo ranked number three (behind New York and Hong Kong) for cities with the most ultra-high net worth individuals; Limited supply, particularly in the prestigious areas within the Minato ward, continued to drive higher pricing; and • Japan's rich culture, rule of law, exceptional customer services, and overall safety and quality of life continued to pull in investor demand. (1) https://pdf.savills.asia/asia-pacific-research/japan-research/japan-residential/jp-ultra-luxury-residential-spotlight-03-2022.pdf
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