#JapanHotelREITInvestmentCorporation

Planning to acquire the large full-service hotel "Hyatt Regency Tokyo" in Shinjuku, Tokyo for 126,000 million yen. The acquisition price represents 80.8% of the appraised value of 156,000 million yen. Post-acquisition, additional renovations will be carried out, and the DPU for the fiscal year ending December 2026 is expected to increase by 6.1%, absorbing dilution through the utilization of negative...

Japan Hotel REIT Investment Corporation plans to issue up to 848,991 new investment units, raising approximately 69.583 billion yen. The payment date is set from March 9 to March 11, 2026.

Japan Hotel REIT Investment Corporation plans to acquire the large full-service hotel 'Hyatt Regency Tokyo' in Shinjuku, Tokyo for 126,000,000 thousand yen on March 13, 2026. The acquisition price is approximately 80.8% of the appraised value of 156,000,000 thousand yen, representing a discount.

The full-year operating revenue for the fiscal year ending December 2026 has been revised upward to 50,979 million yen, a 13.7% increase from the previous forecast; operating income to 34,255 million yen, a 16.3% increase; and net income to 27,911 million yen, a 15.3% increase. The main drivers are new investment unit issuance and acquisition of the Hyatt Regency Tokyo.

Japan Hotel REIT Investment Corporation plans to execute new borrowings totaling 65,000 million yen on March 13, 2026, as part of the funding for the acquisition of the Hyatt Regency Tokyo.

For the fiscal year ending December 2025, operating revenue was 45,564 million yen (up 36.1% YoY), operating income was 31,052 million yen (up 49.4% YoY), net income attributable to owners of parent was 27,145 million yen (up 48.6% YoY), and distributions increased to 5,061 yen per unit. Scheduled acquisition of Hyatt Regency Tokyo for 126,000 million yen in March 2026.

Total sales for the 29 hotels adopting variable rent, etc. for January 2026 amounted to 5,868 million yen, up 1.4% year-over-year. Room occupancy rate was 79.7% (up 1.9 points YoY), ADR was 17,800 yen (down 2.3% YoY), and RevPAR was 14,185 yen (up 0.1% YoY).

Japan Hotel REIT Investment Corporation has entered into an interest rate swap agreement for a term loan of 2,500 million yen with a fixed payment interest rate of 2.06820% from January 30, 2026, to September 30, 2031, raising the fixed interest ratio to approximately 81%.

Operating revenue for the fiscal year ending December 2025 has been revised to JPY 45,564 million (2.0% increase from previous forecast), net income attributable to owners of parent to JPY 27,140 million (4.1% increase), and dividend per unit to JPY 5,060 (4.8% increase). For the fiscal year ending December 2026, operating revenue is forecasted at JPY 44,840 million, net income...

Full renovation work of Hilton Tokyo Odaiba is scheduled from February 2026 to December 2027. Renovation cost is 10.8 billion yen, funded through new borrowing, aiming for a significant increase in ADR.

For December 2025, total revenue for 28 hotels introducing variable rent was 7,160 million yen (YoY +5.1%), with cumulative full-year revenue of 78,114 million yen (YoY +12.1%), showing strong performance.

Japan Hotel REIT Investment Corporation plans to borrow a term loan of 2,500 million yen from Mizuho Bank on January 30, 2026, and refinance the existing loan of 2,526 million yen due on the same day.