Announcement Regarding the Acquisition of Real Estate for Sale (Hotel) in Kusatsu City, Shiga Prefecture
KASUMIGASEKI CAPITAL Co., Ltd. announced the acquisition of land and buildings (condominium ownership) in Kusatsu City, Shiga Prefecture. The acquired property, a hotel, will undergo renovation as part of the company's nationwide expansion of hotel brands aimed at contributing to tourism and regional revitalization.
📋 Article Processing Timeline
- 📰 Published: April 3, 2026 at 00:30
- 🔍 Collected: April 2, 2026 at 19:36
- 🤖 AI Analyzed: April 17, 2026 at 10:53 (351h 16m after Collected)
KASUMIGASEKI CAPITAL Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director and CEO: Koshiro Kawamoto; hereinafter, “the Company”) hereby announces that today, we have completed the settlement for the acquisition of land and buildings (condominium ownership) in Kusatsu City, Shiga Prefecture, as follows.
1. Outline of the Matter
The Company is engaged in hotel development with the aim of realizing a tourism-oriented nation and contributing to regional revitalization. We are developing hotel brands nationwide, including large-capacity hotels such as 'fav', 'FAV LUX', 'edit x seven', 'seven x seven', and culture business hotels like '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. Furthermore, there are no capital or personal relationships that need to be stated between the Company and the counterparty, and there are no issues regarding their attributes.
4. Future Outlook
We believe that the impact on the Company's consolidated business performance for the fiscal year ending August 2026 will be minor. However, if it becomes clear that there will be a significant impact on our consolidated business performance in the future, we will promptly disclose it.
■List of Planned Hotel Development Projects
■List of Hotels Currently in Operation
■Company Information
Company Name: KASUMIGASEKI CAPITAL Co., Ltd.
Established: September 2011
Representative: Representative Director and CEO Koshiro Kawamoto
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 end of February 2026
Number of Employees: 398 (non-consolidated) *As of end of February 2026
Main Business: Real estate consulting business (logistics facility development, hotel development, healthcare facility development, overseas business)