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Hoshino Resorts REIT, Inc. ( (JP:3287) ) has shared an announcement.
Hoshino Resorts REIT, Inc. has announced the acquisition of a sophisticated hot spring resort complex, AQUAIGNIS/Yunoyama Sosuikyo, in Mie Prefecture. The property, themed around healing and gourmet dining, attracts a diverse clientele and boasts strong local and tourist appeal with approximately one million guests annually. The acquisition is expected to enhance the company’s portfolio with a high post-depreciation yield and create future investment opportunities in collaboration with AQUAIGNIS Co., Ltd. A renovation plan is also under consideration to further boost user satisfaction and growth.
The most recent analyst rating on (JP:3287) stock is a Hold with a Yen284148.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.
More about Hoshino Resorts REIT, Inc.
Hoshino Resorts REIT, Inc. operates in the hospitality industry, focusing on acquiring and managing real estate properties that are primarily resort and hotel facilities. The company aims to leverage its strong acquisition capabilities to secure competitive properties that offer high yields and sustainable growth.
Average Trading Volume: 1,772
Technical Sentiment Signal: Buy
Current Market Cap: Yen150.8B
For an in-depth examination of 3287 stock, go to TipRanks’ Overview page.