japan hotel reit investment (8985:Tokyo)
Transactions by JAPAN HOTEL REIT INVESTMENT (8985) in the last 6 months
Japan Hotel REIT Investment Corporation (TSE:8985) entered into purchase and sale agreement to acquire Hotel Vista Kyoto from Godo Gaisha MK Vista for ¥6.6 billion on September 30, 2013. The transaction will be financed from Japan Hotel REIT's cash on hand and loan. Japan Hotel secured a new loan of ¥3 billion from financial syndicate arranged by Sumitomo Mitsui Banking Corporation. Post transaction, Hotel Vista Kyoto name will be changed to Ibis Styles Kyoto Station. ...
Godo Gaisha Support Holdings No. 12 signed a contract to acquire Pearl Hotel Kayabacho from Japan Hotel REIT Investment Corporation (TSE:8985) for ¥2.3 billion on September 20, 2013. The transaction was approved on September 20, 2013. The scheduled transfer date is October 31, 2013. REIT intends to prepay loans from the proceeds. The impact on the operating forecast of REIT for the fiscal year December 2013 (January 1, through 31, 2013) is slight. Chuo Real Estate Appraisal ...
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