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Business Alliances2998CREAL Inc.Real estate

Apartment Hotel Development Project in Kyoto: First Outside Tokyo and the Fourth Collaboration Project between SBI Shinsei Bank Group and CREAL Group

昭和リース, CREAL Inc. and クリアルホテルズ株式会社 have planned and established a development fund targeting an apartment hotel in Kyoto. This is their first collaboration outside Tokyo, and operations began in March 2026.

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Agreements reached under this partnership

Joint venture
2998CREAL Inc.
Alliance partner昭和リース株式会社 / クリアル株式会社 / クリアルホテルズ株式会社 / The Chugoku Bank, Ltd. / 株式会社 松岡
Details of the alliance
  1. 1

    Planned and established a development fund targeting apartment hotels developed by クリアルホテルズ株式会社.

  2. 2

    Promote the development of apartment hotels capable of accommodating large groups and long-term stays, with a focus on customer-experience value delivered through DX.

  3. 3

    Build an integrated hotel asset management and operations value chain within the group.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Numerical targets under the alliance

Contribute to the Japanese government's targets of ¥15 trillion in spending by international visitors to Japan and 60 million international visitors by 2030. Quantitative targets for the collaboration itself are not disclosed.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Overview of the joint ventureThe fund is named CVHK GK, a Japanese limited liability company. Its location, business activities, capital contributions and contribution ratios are not disclosed. The target property is an apartment hotel.
About the partner
Business DescriptionA company in the SBI Shinsei Bank Group / Fund formation focused on investment in hotel assets and hotel operations / Development of apartment hotels / Provision of senior loans / Silent partnership investment
LocationChuo-ku, Tokyo / Minato-ku, Tokyo / Minato-ku, Tokyo / Okayama City, Okayama Prefecture / Shimonoseki, Yamaguchi Prefecture
Alliance start dateMarch 2026 (operations commenced)
Agreements reached under this partnership
ItemDetails
Name of alliance partner昭和リース株式会社, クリアル株式会社, クリアルホテルズ株式会社, The Chugoku Bank, Ltd., 株式会社 松岡
Alliance partner's business activitiesA company in the SBI Shinsei Bank Group, Fund formation focused on investment in hotel assets and hotel operations, Development of apartment hotels, Provision of senior loans, Silent partnership investment
Alliance partner's locationChuo-ku, Tokyo, Minato-ku, Tokyo, Minato-ku, Tokyo, Okayama City, Okayama Prefecture, Shimonoseki, Yamaguchi Prefecture
Type of allianceJoint venture
Details of the alliancePlanned and established a development fund targeting apartment hotels developed by クリアルホテルズ株式会社., Promote the development of apartment hotels capable of accommodating large groups and long-term stays, with a focus on customer-experience value delivered through DX., Build an integrated hotel asset management and operations value chain within the group.
Overview of the joint ventureThe fund is named CVHK GK, a Japanese limited liability company. Its location, business activities, capital contributions and contribution ratios are not disclosed. The target property is an apartment hotel.
Numerical targets under the allianceContribute to the Japanese government's targets of ¥15 trillion in spending by international visitors to Japan and 60 million international visitors by 2030. Quantitative targets for the collaboration itself are not disclosed.
Alliance start dateMarch 2026 (operations commenced)
Items this document does not state (15)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOwnership ratioDispatch of directors and officersContract PeriodShareholding PolicyDate of board resolutionContract DateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

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.

Hotel development is needed to accommodate the increase in international visitors to Japan and growing inbound demand. The parties also aim to develop apartment hotels capable of accommodating large groups and long-term stays through the use of DX, contributing to Japan's goal of becoming an advanced tourism nation and building an investment track record in the growing tourism market.

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Apartment Hotel Development Project in Kyoto: First Outside Tokyo and the Fourth Collaboration Project between SBI Shinsei Bank Group and CREAL Group | CREAL Inc. (2998) timely disclosure | Komori