Nippon Accommodations Fund Inc. (TSE:3226) concluded a sales contract to acquire Dormy Odawara for approximately ¥520 million on January 29, 2019. The consideration paid at the time of delivery. The transaction has been funded by Nippon Accommodations Fund own funds. The impact of the transaction on Nippon Accommodations Fund’s financial results for the period ending February 28, 2019 (26th Period: September 1, 2018 to February 28, 2019) will be minor. Daiwa Real Estate Appraisal Co., Ltd acted as appraiser for Dormy Odawara. Mizuho Trust & Banking Co., Ltd. acted as broker in a transaction. Nippon Accommodations Fund Inc. (TSE:3226) completed the acquisition of Dormy Odawara on January 29, 2019.