Osaka Namba Washington Hotel Plaza (Sotetsu Grand Fresa Osaka-Namba) - SOLD

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Sold for JPY 8,900,000,000 Date of Sale: April 2014
Rooms: 698
Price Per Room: JPY 12,750,716
Property Id : 29163

Ishin Hotels Group (“Ishin”) is pleased to offer for sale the 698-room Osaka Namba Washington Plaza Hotel in Osaka, Japan (the “Property”). Currently operated under a fixed-term building lease
agreement and available to investors with vacant possession upon expiry of the building lease, the Namba Washington Plaza Hotel represents a rare opportunity for an investor to acquire a substantial asset situated in the heart of Osaka’s popular shopping and entertainment district of Osaka Minami.

Detailed information on the Property, including financial information, title, building details and ownership structure, is available for review and can be obtained upon the execution of a Confidentiality Agreement.

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