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Other Disclosures146AColumbia Works Inc.Real estate

Progress on the Hotel Development Project in Maruyamacho, Shibuya-ku, and the Launch of the New “NOCTIS” Brand

A portion of the land interest in the hotel development site in Maruyamacho, Shibuya-ku, was sold, and the project will now be developed as a joint venture with the purchaser. In addition, the Company launched its new hotel brand, “NOCTIS,” which will be used in operating the hotel after completion.

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48Recurring
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Mixed performance
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Announced details

NOCTIS (Noctis)
Applicable field (uses covered by this announcement)

Urban lifestyle hotels, group stays, and long-term stays

Launch dateThe first property is scheduled to open in fall 2026. The opening date of the hotel in Maruyamacho, Shibuya-ku is Not disclosed.
Relationship between the counterparty and the company
Columbia Works Inc.146A
Relationship with the Company

The hotel development project will be pursued jointly with the purchaser. コロンビア・アセットマネジメント株式会社 will provide operational support, while コロンビアホテル&リゾーツ株式会社 is expected to operate the hotel after completion.

CounterpartyPurchaser (name undisclosed)コロンビア・アセットマネジメント株式会社コロンビアホテル&リゾーツ株式会社

The location, representative, capital, year established, and business activities of コロンビア・アセットマネジメント株式会社 and コロンビアホテル&リゾーツ株式会社 are not disclosed. The purchaser’s name and profile are also not disclosed.

Location (as indicated in this announcement)

Maruyamacho, Shibuya-ku, Tokyo (hotel development project)

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Announced details
ItemDetails
Names of Products / Services CoveredNOCTIS (Noctis)
CounterpartyPurchaser (name undisclosed), コロンビア・アセットマネジメント株式会社, コロンビアホテル&リゾーツ株式会社
Counterparty overviewThe location, representative, capital, year established, and business activities of コロンビア・アセットマネジメント株式会社 and コロンビアホテル&リゾーツ株式会社 are not disclosed. The purchaser’s name and profile are also not disclosed.
Relationship with the CompanyThe hotel development project will be pursued jointly with the purchaser. コロンビア・アセットマネジメント株式会社 will provide operational support, while コロンビアホテル&リゾーツ株式会社 is expected to operate the hotel after completion.
Launch dateThe first property is scheduled to open in fall 2026. The opening date of the hotel in Maruyamacho, Shibuya-ku is Not disclosed.
Applicable areaUrban lifestyle hotels, group stays, and long-term stays
LocationMaruyamacho, Shibuya-ku, Tokyo (hotel development project)
Items this document does not state (11)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historyImpact on Business PerformanceSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

A portion of the land interest was sold to improve capital efficiency.

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Progress on the Hotel Development Project in Maruyamacho, Shibuya-ku, and the Launch of the New “NOCTIS” Brand | Columbia Works Inc. (146A) timely disclosure | Komori