trending Market Intelligence /marketintelligence/en/news-insights/trending/3xtzi6yfdhsmosb6owfr-w2 content esgSubNav
In This List

Japan Hotel REIT closes ¥12.15B sale of 3 Tokyo hotel assets

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Japan Hotel REIT closes ¥12.15B sale of 3 Tokyo hotel assets

Japan Hotel REIT Investment Corp. completed the ¥12.15 billion sale of real estate beneficiary interests in trust and movable assets attached to three Tokyo hotels to Tiger 2 GK.

The company divested the R&B Hotel Higashi-nihonbashi, the b akasaka-mitsuke hotel and the b ochanomizu hotel for ¥3.05 billion, ¥6.60 billion and ¥2.50 billion, respectively.

As of Aug. 9, US$1 was equivalent to ¥110.94.