#AssetReplacement

Escon Japan REIT Inc. will acquire a hotel specialized in accommodation in Nagoya City for 4,400 million yen and transfer four commercial facilities totaling 2,400 million yen. The transaction aims to diversify the portfolio and strengthen inflation resilience.

Disposal of four leasehold land properties scheduled for transfer (JPY 2.4 billion) and acquisition of two hotels (Nine Hours Woman Shinjuku for JPY 2.7 billion and Compass Hotel Nagoya for JPY 4.4 billion). Asset size expands from JPY 71.5 billion to JPY 76.3 billion, achieving improved profitability.