Japan Hotel REIT Investment Corporation is acquiring three more assets across Japan.

The REIT will pay an acquisition consideration of about JPY18,926 million.

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

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By Shariffa Al-Habshee

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