J-REIT Data

8985 Japan Hotel REIT Investment Corporation

Japan Hotel REIT Investment Corporation Acquires Best Western Hotel Sapporo Nakajima Koen.

(Jun. 25, 2014)

Japan Hotel REIT Investment Corporation Acquires Best Western Hotel Sapporo Nakajima Koen. Details of the property is as follows.

Acquisition      
Property name Best Western Hotel Sapporo Nakajima Koen
Address Sapporo Hokkaido
Acquisition price 6,797 million JPY
Expected NOI yield Not disclosed
Cap rate 5.9%
Completion Jul. 2010
Acquisition date Jul. 9, 2014
Seller Global Asset Twenty One Holding Specified Purpose Company

Recent 5 news of Japan Hotel REIT Investment Corporation
Jan. 9, 2015
Japan Hotel Reit Investment Corporation: Issuance of New Investment Units and Secondary Offering of Investment Units, Acquisition of 6 Hotels
Aug. 20, 2014
Japan Hotel REIT Announces Medium-Term Financial Results, Issue of Investment Units and Secondary Offering of Investment Units, and to Acquire 2 Hotels.

ReitInfo.com

Property Acquisition Price Rankings

(Billions of yen)

1 Shinjuku Mitsui Bldg. 170
2 IIDABASHI GRAND BLOOM 139
3 Roppongi Hills Mori Tower 115
4 Shiodome Building 107
5 Tokyo Shiodome Building 83
Unit Price Growth Rankings
1 Ichigo Hotel REIT +4.61%
2 Nippon Hotel & Residential +3.85%
3 Tokaido REIT +2.43%
* This website provides information and data on J-REITs and is not intended as a solicitation for investment.
* The information appearing on this website has been carefully vetted, but the accuracy of the content is in no way guaranteed and may change without notice (that is, it may be modified or deleted).
* Users shall be responsible for the use of the information published on this website. The Company cannot be held liable whatsoever regarding the use of this information.
* Copyrights related to the information published on this website belong to the Company. The unauthorized use (diversion or reproduction, etc.) of this information is strictly prohibited.