Nippon Hotel & Residential Investment Corporation
Notice of Acquisition of Exclusive Negotiation Rights
APA Group has announced that it obtained exclusive negotiation rights for the acquisition of EN HOTEL Fujisawa. It also notified that exclusive negotiation rights have been obtained for five residential rental properties. There are no subsequent acquisition obligations and no consideration to be paid.
Key Figures
- Property name EN HOTEL Fujisawa — total floor area 1,952.23 m2, 60 rooms
- Number of properties with exclusive negotiation rights acquired 6 properties (including EN HOTEL Fujisawa)
- Five acquired residential rental properties (including Crescent Court Omori)
AI要約
Overview
This investment corporation, through APA Investment Advisory, has obtained exclusive negotiation rights for the acquisition of EN HOTEL Fujisawa operated by APA Group. In addition, exclusive negotiation rights have been obtained for five residential rental properties. The acquisition of these exclusive negotiation rights is part of an external growth strategy to secure assets that meet investment criteria; no acquisition obligation or payment of consideration arises from this.
Future impact and outlook
There is no expected impact on management performance or distributions resulting from the acquisition of these exclusive negotiation rights. If any additional announcement is made regarding formal acquisition of the properties for which rights have been obtained, it will be communicated separately.
Nippon Hotel & Residential Investment Corporation
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