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Kasumigaseki Capital Lists Hotel REIT, Enhancing Revenue Stability

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Kasumigaseki Capital Lists Hotel REIT, Enhancing Revenue Stability

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Kasumigaseki Capital Co., Ltd. ( (JP:3498) ) has shared an update.

Kasumigaseki Capital Co., Ltd. announced the listing of Kasumigaseki Hotel REIT Investment Corporation, which now manages 15 hotel properties developed by the company. This move is expected to provide stable revenue through asset management fees and improve the company’s consolidated earnings and corporate value.

More about Kasumigaseki Capital Co., Ltd.

Kasumigaseki Capital Co., Ltd. operates in the real estate industry, focusing on the development and management of hotel properties. The company is involved in planning and developing hotels, which are then managed by its subsidiary, Kasumigaseki Reit Advisors Co., Ltd., under the Kasumigaseki Hotel REIT Investment Corporation.

Average Trading Volume: 629,898

Technical Sentiment Signal: Buy

Current Market Cap: Yen184B

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