One REIT Investment Corporation Acquires Five Hotels in Japan for JPY25.2 Billion, Expanding Portfolio to 29 Assets
🏠 One REIT Investment Corporation is acquiring six real estate assets in Japan for JPY29.9 billion, including five hotels for JPY25.2 billion. The hotels range from 49 to 189 keys, with locations in Hokkaido, Kagoshima, Fukuoka, Tokyo, and Okinawa. Brookfield Asset Management is investing NZD250 million in two New Zealand hotels, with past NZHH acquisitions totaling NZD160 million. Soul Three Limited bought 60 West Hotel in Hong Kong for HKD431 million, planning a student housing conversion.
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