【Kusatsu City, Shiga Prefecture】Notice Regarding Acquisition of Real Estate for Sale (Hotel)
Kasumigaseki Capital Co., Ltd. announced the acquisition of land and buildings (condominium ownership) in Kusatsu City, Shiga Prefecture, for sale as a hotel.
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- 📰 Published: April 3, 2026 at 00:30
Kasumigaseki Capital Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director and CEO: Koushiro Kawamoto; hereinafter "the Company") hereby announces that it has today completed the acquisition of land and buildings (condominium ownership) in Kusatsu City, Shiga Prefecture, as described below.
1. Outline of the Acquisition
The Company is engaged in hotel development with the aim of realizing a tourism-oriented nation and contributing to regional revitalization, operating hotel brands nationwide including multi-person hotels such as 'fav', 'FAV LUX', 'edit x seven', 'seven x seven', and the culture business hotel 'BASE LAYER HOTEL'. The property acquired this time will undergo renovation in the future.
2. Project Overview
3. Counterparty and Transaction Price
The counterparty and transaction price will not be disclosed due to a confidentiality agreement between the Company and the counterparty. There are no capital or personnel relationships between the Company and the counterparty that need to be disclosed, and there are no issues regarding their attributes.
4. Future Outlook
We believe that the impact on the Company's consolidated performance for the fiscal year ending August 2026 will be minor. However, if it becomes clear that there will be a significant impact on the Company's consolidated performance, we will promptly disclose it.
■ List of Planned Hotel Development Projects
■ List of Currently Operating Hotel Facilities
■ Company Information
Company Name: Kasumigaseki Capital Co., Ltd.
Established: September 2011
Representative: Koushiro Kawamoto, Representative Director and CEO
Head Office: Kasumigaseki Common Gate West Tower 28F, 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-0013
Capital: 54,205 million yen (including capital reserve) *As of February 29, 2026
Number of Employees: 398 (non-consolidated) *As of February 29, 2026
Main Businesses: Real estate consulting business (logistics facility development, hotel development, healthcare facility development, overseas business)
FAQ
Why did Kasumigaseki Capital acquire a hotel in Kusatsu City, Shiga Prefecture?
The acquisition is part of its hotel development strategy, aiming to contribute to the realization of a tourism-oriented nation and regional revitalization. It plans to renovate the property and expand its business.
What brand will the acquired hotel be?
The press release does not specify the brand name, but the company operates various hotel brands such as 'fav' and 'BASE LAYER HOTEL'. The brand is expected to be announced after renovation.
What is the impact of this acquisition on Kasumigaseki Capital's performance?
The impact on the consolidated performance for the fiscal year ending August 2026 is considered minor. However, if a significant impact becomes apparent, it will be promptly disclosed.