Japan Hotel REIT Investment Corporation

8985.T
REIT - Hotel & Motel
2026/03/02 Updated
Market Cap: $2.8B (¥432.2B)
Stock Price: $543.57 (¥84,800)
Exchange Rate: 1 USD = ¥156.01

Notice Regarding Acquisition and Borrowing of Domestic Real Estate Trust Beneficiary Rights (Hyatt Regency Tokyo)

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.

Importance:
Page Updated: February 25, 2026
IR Disclosure Date: February 25, 2026

Key Figures

  • Scheduled Acquisition Price: 126,000,000 thousand yen (approximately 80.8% of appraised value 156,000,000 thousand yen)
  • Scheduled Acquisition Date: 2026-03-13
  • Contract Rent (Fixed): 300,000 thousand yen per month

AI要約

Overview of Acquired Asset and Acquisition Rationale

Japan Hotel REIT Investment Corporation plans to acquire the real estate trust beneficiary rights and related movable assets of the large full-service hotel 'Hyatt Regency Tokyo' located in Shinjuku-ku, Tokyo for 126,000,000 thousand yen. The acquisition price is approximately 80.8% of the appraised value of 156,000,000 thousand yen, representing a discount. This trophy asset holds high rarity as it is located in Tokyo's top hotel market. Through this acquisition, the investment ratio in the Tokyo area and full-service hotels will increase, expecting diversification of international brands and strengthening of inbound demand capture.

Property Features and Management Structure

The hotel is a 28-story building with 712 rooms and completed a large-scale renovation costing 9.4 billion yen in July 2025. It offers excellent transportation convenience with direct access to Toei Oedo Line 'Tochomae' Station, located in an office area yet facing the tranquil Shinjuku Central Park. The lease contract is a combination of fixed rent and variable rent, balancing stable income and upside potential. Operation is handled by strategic partner HMJ Group, aiming to expand earnings through Hyatt brand's strong customer attraction and active asset management by the asset management company.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.