Announced details
Domestic real estate asset management, hotel asset management and operations
TAISEI CORPORATION, Chuo-Nippon Land & Building Co., Ltd. and CREAL Inc. are the 3 investors in the fund. CREAL Inc. has entered into a capital and business alliance agreement with Chuo-Nippon Land & Building Co., Ltd. Seibu Prince Hotels Worldwide Inc. is the operator of the property.
TAISEI CORPORATION, Chuo-Nippon Land & Building Co., Ltd. and CREAL Inc. are investors in the fund. Seibu Prince Hotels Worldwide Inc. is a core company of the Seibu Group and operates accommodation facilities, ski resorts, golf courses and other leisure facilities mainly in Japan, as well as overseas.
4-2-7 Koraibashi, Chuo-ku, Osaka, Osaka Prefecture
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | CREAL PRO (domestic real estate asset management service), Asset management services |
| Counterparty | TAISEI CORPORATION, Chuo-Nippon Land & Building Co., Ltd., Seibu Prince Hotels Worldwide Inc. |
| Counterparty overview | TAISEI CORPORATION, Chuo-Nippon Land & Building Co., Ltd. and CREAL Inc. are investors in the fund. Seibu Prince Hotels Worldwide Inc. is a core company of the Seibu Group and operates accommodation facilities, ski resorts, golf courses and other leisure facilities mainly in Japan, as well as overseas. |
| Relationship with the Company | TAISEI CORPORATION, Chuo-Nippon Land & Building Co., Ltd. and CREAL Inc. are the 3 investors in the fund. CREAL Inc. has entered into a capital and business alliance agreement with Chuo-Nippon Land & Building Co., Ltd. Seibu Prince Hotels Worldwide Inc. is the operator of the property. |
| Applicable area | Domestic real estate asset management, hotel asset management and operations |
| Location | 4-2-7 Koraibashi, Chuo-ku, Osaka, Osaka Prefecture |
| Location scale | Site area: 1,406.47 m²; total floor area: 12,678.23 m²; 312 guest rooms |
Items this document does not state (11)
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.This follows recognition of CREAL’s track record in domestic real estate asset management services through CREAL PRO. The engagement is also positioned as the first initiative following the capital and business alliance with Chuo-Nippon Land & Building Co., Ltd.