On the 18th, Migaro Holdings <5535> announced that its subsidiary, Property Agent, operates a real estate investment-type crowdfunding service called Rimple based on the Real Estate Specific Joint Venture Law, with a total offering amount of 6.5 million yen (including a priority investment of 70% of the total investment amount of 9.4 million yen), received applications totaling 13.9 billion yen, which is 211.4% of the total.

The scheduled distribution rate (annual interest) for Rimple's Selection #88 is 2.7%, with a operating period of 6 months.

Rimple is a real estate investment-type crowdfunding service based on the Real Estate Specific Joint Venture Law, where you can easily start from 0.01 million yen per share using your smartphone.