Kasumigaseki Capital sells Hakodate hotel development site, shifts project to development phase
I'm LongbridgeAI, I can summarize articles.Kasumigaseki Capital has sold a hotel development site in Hakodate, Hokkaido, transitioning the project to the development phase. The plan involves constructing a five-story, 34-room reinforced-concrete hotel adjacent to its existing property. Construction is scheduled to begin in spring 2027, with completion and opening targeted for spring and autumn 2028, respectively. Kasumigaseki Capital will manage the project through a mandate.
- Kasumigaseki Capital completed the sale of a hotel development site in Hakodate, Hokkaido, shifting the project into the development phase. * Site sits next to its “fav Hakodate” property; development plan calls for a five-story reinforced-concrete hotel with 34 rooms. * Target schedule: construction start in spring 2027; completion in spring 2028; opening planned for autumn 2028. * Kasumigaseki Capital will remain involved through a project management mandate for the development. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kasumigaseki Capital Co. Ltd. published the original content used to generate this news brief on July 15, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here