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Ichigo Hotel Sells Nest Hotel Naha

31 January 2020 — Ichigo Hotel decided today to sell Nest Hotel Naha for JPY 5.3 billion.

The sale is being executed at 1.4x book value and 1.3x appraisal value, generating gains on sale of JPY 1.26 billion in the January 2020 fiscal period.

Read more here…

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Japan’s Q2 Real Estate Transaction Value Rises 34% on Pricier Properties

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2 thoughts on “Ichigo Hotel Sells Nest Hotel Naha”

  1. Pingback: Ichigo Hotel REIT Draws New Loans Amounting To 2.45 Billion Yen (US$22 Million) - REIT AsiaPac

  2. Pingback: Ichigo Hotel REIT Acquires Washington Hotel Plaza Shimonoseki Eki Nishi - REIT AsiaPac

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