Nomura Real Estate Master (JP:3462) has released an update.
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Nomura Real Estate Master Fund, Inc. has announced the procurement of a hotel property located near Shin-Osaka Station, aiming to capitalize on the increasing tourism and accommodation demand in Japan, which is expected to surge in anticipation of the EXPO 2025 in Osaka. The hotel, ‘hotel androoms Shin-Osaka,’ has a diversified room profile and is operated by an experienced hotel management company, Solare Hotels and Resorts Co., Ltd. This strategic acquisition is aligned with the Fund’s objective to secure stable income and support long-term growth of its portfolio, with the hotel sector now representing 2.2% of the total sector allocation.
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