Niraku GC Expands Hotel Portfolio in Japan with 358 Million Yen Acquisition
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Niraku GC Holdings has acquired a property in Japan for 358.4 million yen, as announced in a filing with the Hong Kong Exchange. The purchase will be executed by NBI Regional Revitalization Investment, a joint venture where Niraku GC holds a 75% stake. The property, located in Shizukuishi-cho, Iwate-gun, spans approximately 7,192.21 square meters and includes a 10-story ryokan inn. This acquisition is part of Niraku GC's strategy to expand its hotel portfolio and hospitality business in Japan.
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