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Major Japan Reit Acquired Hilton Tokyo

Japan Hotel REIT Investment Corporation (TOKYO: 8985) (hereinafter called “JHR”) acquired Hilton Tokyo Odaiba for JPY62.4Bn as of today.

Hilton Tokyo Odaiba is a large-scale full-service hotel with a 4-star rating, located in Odaiba, one of the most popular tourist destinations in Tokyo.

Upon acquisition of Hilton Tokyo Odaiba, JHR’s portfolio consists of 43 hotels throughout Japan and its asset size is JPY374.5 billion in total in terms of acquisition price.

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