Japan Hotel REIT Investment Corporation (TSE:8985) signed a purchase and sale agreement to acquire La'gent Stay Sapporo Odori, Oriental Hotel Kyoto Rokujo and Hotel Oriental Express Fukuoka Nakasukawabata from J Hotel Sapporo GK for ¥18.9 billion on September 11, 2023. The deal is expected to be completed on September 27, 2023.

Japan Hotel REIT Investment Corporation (TSE:8985) completed the acquisition of La'gent Stay Sapporo Odori, Oriental Hotel Kyoto Rokujo and Hotel Oriental Express Fukuoka Nakasukawabata from J Hotel Sapporo GK on September 27, 2023.