Japan Hotel REIT Oriental Hotel

Japan Hotel REIT Investment Corporation (Japan Hotel REIT) is acquiring three assets across the country for JPY18.9 million.

The assets are namely La'gent Stay Sapporo Odori, Oriental Hotel Kyoto Rokujo and Hotel Oriental Express Fukuoka.

These assets are being acquired from an undisclosed seller.

Japan Hotel REIT presently owns a portfolio of 46 hotels across Japan.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.