Hoshino Resort REIT, Inc. plans to transfer Solvita Hotel Naha in Naha City, Okinawa Prefecture for 4,650 million yen. The difference from the book value of 3,859 million yen is 790 million yen. The transfer date is November 4, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3287","jir_company_name":"Hoshino Resort REIT, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-16","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3287-20260416-01.pdf","jir_short_summary":"Hoshino Resort REIT, Inc. plans to transfer Solvita Hotel Naha in Naha City, Okinawa Prefecture for 4,650 million yen. The difference from the book value of 3,859 million yen is 790 million yen. The transfer date is November 4, 2026.","jir_summary":"### Overview and Reason for Transfer\nHoshino Resort REIT, Inc. has decided to transfer Solvita Hotel Naha, located in Naha City, Okinawa Prefecture, to Samty Co., Ltd. for 4,650 million yen. The scheduled transfer price significantly exceeds the assumed book value of 3,859 million yen, resulting in a difference of 790 million yen. This transfer is part of initiatives aimed at distribution growth, intending to sell properties within the portfolio that have faced challenges in revenue contribution and yield. The scheduled transfer date is November 4, 2026, and the sale contract was concluded on April 16, 2026.\n\n### Future Outlook and Use of Funds\nThe use of funds from the transfer is currently undecided, but a wide range of possibilities will be considered including securing capacity for growth investments, reducing financial costs by debt repayment, improving financial soundness, and returning value to investors. Since the transfer is scheduled for November 4, 2026, there will be no impact on operations for the fiscal periods ending April and October 2026. The impact on the fiscal period ending April 2027 is under review and will be disclosed in the earnings report to be released on June 15, 2026.","jir_financial_highlights":"Scheduled Transfer Price: 4,650 million yen (Difference of 790 million yen from the assumed book value of 3,859 million yen)\nScheduled Transfer Date: 2026-11-04 (Unknown)\nAssumed Book Value: 3,859 million yen (Unknown)","jir_category":"","jir_hashtags":"#HoshinoResortREIT, #BusinessStrategy, #RealEstateTransfer","jir_key_figures":"Scheduled Transfer Price: 4,650 million yen\nAssumed Book Value: 3,859 million yen\nScheduled Transfer Date: 2026-11-04","jir_meta_title":"Hoshino Resort REIT, Inc. to Transfer Solvita Hotel Naha for 4,650 Million Yen | April 2026","jir_meta_description":"Hoshino Resort REIT, Inc. plans to transfer Solvita Hotel Naha in Naha City, Okinawa Prefecture, for 4,650 million yen. The difference from the book value is 790 million yen, as part of asset replacement initiatives aimed at distribution growth.","jir_og_title":"Hoshino Resort REIT, Inc. Announces Transfer of Solvita Hotel Naha | April 2026","jir_og_description":"Transfer of Solvita Hotel Naha in Naha City, Okinawa Prefecture for 4,650 million yen executed as part of asset replacement efforts targeting distribution growth.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9246,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-41092","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n