MIRAI Corporation
Notice on Acquisition of Domestic Real Estate Trust Beneficiary Interest (Landhotel Kyoto Suites)
The planned asset to be acquired is Landhotel Kyoto Suites (core asset hotel) with an acquisition price of 3,550 million yen. Planned acquisition date is August 7, 2026, with full payment on the acquisition date. Executed as part of portfolio replacement, featuring a fixed rent plus upside rent revenue structure. Unrealized gains are expected to be 1,360 million yen (unrealized gain ratio 38.3%). The anticipated impact on future operations is minor, with limited effects expected from 2026 onward.
Key Figures
- Planned acquisition price: 3,550百万円
- Unrealized gains: 1,360百万円（含み益率 38.3%）
- Appraised value: 4,910百万円
AI要約
Overview
Mirai Investment Corporation, in collaboration with asset management company Mitsui & Co., Ltd. and Idela Partners, has decided to acquire the trust beneficiary rights of Landhotel Kyoto Suites. The planned acquisition price is 3,550 million yen, with a planned acquisition date of August 7, 2026. This acquisition is part of a broader asset replacement alongside THINGS Aoyama transfer and Smile Hotel Kumagaya acquisitions, positioned as part of a mid- to long-term portfolio strategy.
Impact and outlook
The impact of this acquisition on operations for fiscal years 2026 and 2027 is expected to be minimal, with no changes to forecasts. The property is a long-stay apartment hotel in Kyoto, supported by demand from tourism, and is anticipated to achieve a high NOI yield due to the fixed rent plus upside rent structure, with potential revenue growth based on operating performance. Unrealized gains are approximately 1,360 million yen, with an unrealized gain rate of about 38.3%.
Mirai Investment Corporation
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