Nippon Hotel & Residential Investment Company Description
Nippon Hotel & Residential Investment Corporation (hereinafter referred to as the Investment Corporation) is an investment trust and investment corporation of 200 million yen and 2,000 issued shares) in accordance with the Act on Investment Trusts and Investment Corporations (Act No.
198 of 1951, as amended), and was registered with the Kanto Local Finance Bureau on May 13, 2016 (Registration Number: Kanto Local Finance Bureau Director-General No.
119). Thereafter, new investment units (174,200 units) were issued through a public offering with a payment deadline of (174,200 shares) and was listed on the Tokyo Stock Exchange, Inc. After being listed on the Industrial Investment Trust Securities Market (Stock Code: 3472), the company will operate a leisure facility (Note) by the end of the 14th fiscal period (ending May 2023) and will own n properties of accommodation facilities (Note 2) in the 15th period (ending November 2023).
In the 18th period (ending May 2025), the company will acquire two leisure facilities (total acquisition price of 5,741 million yen) and a facility.
In addition, in the 18th fiscal period (ending May 2025), new investment units were issued (75,676 units in total) through a public offering with a payment due date of December 2, 2024, and through a third-party allotment with a payment due date of December 30, 2024, in order to acquire As a result, the total number of facilities owned by the Investment Corporation as of the end of the fiscal period under review is now 23.
(Total acquisition price: 49,091 million yen) As of the end of the fiscal period under review, the total number of investment units issued by the Investment Corporation was 311,023.
| Country | Japan |
| Industry | REIT - Hotel & Motel |
| Sector | Real Estate |
| CEO | Ken Kirihara |
Contact Details
Address: 2-12-7 Akasaka Tokyo, 103-0023 Japan | |
| Phone | 81 3 6262 5456 |
| Website | nhr-reit.com |
Stock Details
| Ticker Symbol | 3472 |
| Exchange | Tokyo Stock Exchange |
| Fiscal Year | December - November |
| Reporting Currency | JPY |
| ISIN Number | JP3048310001 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Ken Kirihara | Chief Executive Officer |
| Kiyokazu Yanaginuma | Chief Financial Officer |