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Japan Hotel REIT Investment Corporation Acquires Hilton Tokyo
8 avr. 2019 Investor Relations Department Operations Division ... Hilton Tokyo Odaiba is a large-scale full-service hotel with a 4-star rating
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This English translation is provided for information purposes only. If any discrepancy is identified between this
translation and the Japanese original, the Japanese original shall prevail.April 8, 2019
REIT Issuer:
Japan Hotel REIT Investment Corporation (TSE code: 8985)Kaname Masuda, Executive Director
Asset Management Company:
Japan Hotel REIT Advisors Co., Ltd.
Hisashi Furukawa, Representative Director and PresidentContact:
Makoto Hanamura
General Manager
Investor Relations Department, Operations DivisionTEL: +81-3-6422-0530
Japan Hotel REIT Investment Corporation Acquires Hilton Tokyo OdaibaJapan Hotel REIT Investment Corporation (hereinafter called JHR") acquired Hilton Tokyo Odaiba for
JPY62 .4Bn as of today. 2Hilton Tokyo Odaiba is a large-scale full-service hotel with a 4-star rating, located in Odaiba, one of the
most popular tourist destinations in Tokyo. The hotel's 453 guest rooms are spacious, and are provided with breathtaking views of the city skyline over Tokyo Bay. The hotel is equipped with multiple Japanese,Western and Chinese restaurants, lounges, meeting rooms, wedding halls, a fitness center, a swimming pool
and a spa, as well as large and small banquet rooms, satisfying various demands from business and leisure
customers as a full-service hotel providing sophisticated services by Hilton. At the 2020 Tokyo Olympics and Paralympics, various events will be held in Odaiba area while theInternational Broadcasting Center and Main Press Center will be situated at nearby Tokyo Big Sight. Hotel
market in the Odaiba area is expected to grow further, as it will attract a lot of attention globally through the
Tokyo Olympics and Paralympics. Under these favorable circumstances, JHR will pursue to enhanceattractiveness of Hilton Tokyo Odaiba, one of its trophy assets, in cooperation with Hotel Management
Japan Co., Ltd., operator of the hotel.
Upon acquisition of Hilton Tokyo Odaiba, JHR's portfolio consists of 43 hotels throughout Japan and its asset size
is JPY374.5Bn in total in terms of acquisition price. * Website of Japan Hotel REIT Investment Corporation: http://www.jhrth.co.jp/en * Website of Japan Hotel REIT Advisors Co., Ltd.: http://www.jhra.co.jp/en/ * Website of Hilton Tokyo Odaiba:quotesdbs_dbs17.pdfusesText_23[PDF] hilton net income
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