Business Overview
Beginning of "Ownership" and "Operation" Separation Strategy
Hoshino Resorts REIT, Inc. started operations
Hoshino Resorts REIT, Inc. begins operations by acquiring six properties including "HOSHINOYA Karuizawa" from Hoshino Resorts for 15 billion yen and started operations as the world's smallest REIT. It was the first REIT in the world to incorporate wooden buildings, highly regarded as an innovative approach, but on the other hand, the small size of the REIT often made it ineligible for investment by institutional investors.
Acquisition of HOSHINOYA Kyoto, KAI Aso, and KAI Kawaji from Hoshino Resorts.
Asset Scale Expansion Strategy
Expanding the scale by acquiring "22 Chisun Inn properties," "5 Candeo properties," and "3 Comfort properties" that are expected to generate stable income
Entering the Domestic Urban Tourism Market
Acquisition of four ANA Crowne Plaza Hotels
Acquisition of Asahikawa Grand Hotel
(rebrand to OMO7 Asahikawa after acquisition)
Building a Growth Cycle Model for the Hotel Business Through "Ownership, Operation, and Development"
Hoshino Resorts and DBJ establish a joint "development" fund.
Acquisition of "KAI Alps", the first project, and started an exit strategy between the joint fund and REIT
Continued acquisition of 5 new high quality properties developed by the joint fund
Meeting the World's Environmental Challenges and Accelerating Economic Change while Seeking Sustainable Growth Strategies
Endorsement of TCFD
(Task Force on Climate-related Financial Disclosures)
Endorsement of Hoshino Resorts' "Stakeholder Tourism"
Consideration for a wide range of stakeholders to enhance the value of the investment corporation over the medium to long term
Portfolio List
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HOSHINOYA
Luxury hotel embodying the true characteristics of land, history, and culture
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Urban tourism
Urban tourism hotels are for tourism focused on enjoyment of historical townscapes, urban culture, night views, industrial and cultural heritage, dining, shopping and related activities.
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Others
We also operate casual roadside hotels that are simple and comfortable, and hotels for lodging offering functionality and a sense of luxury at an affordable price.
Basic Information
- Company Name
- Hoshino Resort Asset Management Co., Ltd.
- Address
- 1-10-6 Ginza, Chuo-ku, Tokyo
- Established
- May 14, 2010
- Paid-in Capital
- 100 million yen
- Shareholder
- Hoshino Resorts Inc. (100%)
- Business Contents
- Investment management
- Executives
- President & CEO
- Kenji Akimoto
- Director
- Eiichi Takeda
- Director
- Takahiro Kabuki
- Director
- Etsuro Takahashi
- Director
- Yuichi Yoshizawa
- Director
- Masae Kikuchi
- Auditor (part-time)
- Yosuke Inoue
- Building Lots and Buildings Transaction Business License
- Registration as a Financial Instruments Business
(investment management business):
Director of Kanto Local Finance Bureau (Kin-sho) No. 2405
Discretionary Real Estate Transaction License:
The Minister of Land, Infrastructure, Transportation and Tourism No.74
Building Lots and Buildings Transaction Business License:
The Governor of Tokyo No. (3) 94316
- Membership
- Investment Management Association of Japan
The Association for Real Estate Securitization
