Hoshino Resorts REIT, Inc. (3287.T) JPX

Currency In JPY

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Hoshino Resorts REIT, Inc.

Address

6-18, Kyobashi 3-chome

Tokyo, TY

Japan

Phone

81-3-5159-6338

Sector

Real Estate

Industry

REIT - Hotel & Motel

Employees

N/A

First IPO Date

July 12, 2013

Key Executives

NameTitlePayYear Born
Kenji AkimotoPresident & Chief Executive Officer of Hoshino Resort Asset Management Co., Ltd. and Executive Director01963
Takahiro KabukiDirector, Head of Corporation Planning, Fin. & Acc., Plan. and Magt. of HR Asset Management01983
Eiichi TakedaCompliance Officer & Director0N/A
Etsuro TakahashiHead of Investment Management Div. & Engineering Department 2 and Director0N/A
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Description

Hoshino Resorts REIT, Inc. (HRR) commenced public trading in 2013, notably entering the market as one of the smallest real estate investment trusts worldwide. A pioneering aspect of its strategy involved becoming the inaugural REIT to incorporate traditional Japanese-style inns, known as Ryokans, into its portfolio. Since its launch, HRR has consistently delivered enhanced value to unitholders, expanding its asset base tenfold and roughly doubling distributions compared to its second operational period post-listing. Moving forward, the company's ambition is to drive additional expansion by fostering a continuous cycle of enhanced competitiveness within Hoshino Resorts. HRR is also committed to maintaining sound financial practices, with a strategic focus on expanding its asset footprint, strengthening its portfolio, and making significant contributions to the tourism sector. We appreciate your ongoing support and encouragement.

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