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Acquisition of ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae

Sector: Hotel • Location: Tokyo, Japan

Source: Hotel News Resource

Project
Completed

CapitaLand Ascott Trust has acquired two freehold hotels in Japan, the ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae, for a total of JPY21 billion. The acquisition enhances CLAS's portfolio in the Japanese hospitality market.

Status
Closed
Sector
Hotel
Location
Tokyo, Japan
Updated
22 Jul 2026
Source
Hotel News Resource

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The project “Acquisition of ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae” is an infrastructure initiative in the Hotel sector, located in Tokyo, Japan. Taiyo aggregates data on it from Hotel News Resource.

Participants

Not available for this record.

Status

Original status

completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

CapitaLand Ascott Trust has acquired two freehold hotels in Japan, the ibis Styles Tokyo Ginza and Chisun Budget Kanazawa Ekimae, for a total of JPY21 billion. The acquisition enhances CLAS's portfolio in the Japanese hospitality market.

Original sector

Hospitality

Budget

Location

Country

Japan

City

Tokyo

Source

Source

Hotel News Resource

URL

More Details

Record type

Project

Sector

Hotel

Article published date

2025-02-28

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