by Investment in Japan
Ichigo Investment Advisors (“IIA”), the asset management company of Ichigo Hotel, decided today to acquire the Court Hotel Kurashiki in Okayama Prefecture, located along Japan’s Inland Sea between Osaka and Hiroshima. The Court Hotel Kurashiki has strong growth potential due to increasing inbound tourism and robust domestic business demand.
Mitsubishi Jisho Investment Advisors, Inc. (the “Asset Management Company”), to which Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) entrusts the management of its assets, announced today that it will acquire two properties (the “Two New Properties”) in the form of trust beneficiary interests and, subsequently, enter into lease contracts with new tenants, described as below.
Mitsubishi Estate Logistics REIT Investment Corporation (“MEL”) announces today its decision to obtain debt financing (the “Bridge Loan”)