Yubari Real Estate, Inc. (“YRE”) announces today acquired domestic real estate, as described below.
１．Summary of Asset to be acquired
| Property name | Location | Land Size | Use | Contract date | Transfer date |
| Kutchan roadside property | Abutagun, Hokkaido | 1,173.00㎡ | Undivided | January 3, 2024 | April 4, 2024 |
The above acquired property is referred to hereinafter as the “Acquired property.”
２．Reasons for the acquisition
he main strength of the Acquired property are as follows.
A valuable place close to the world’s leading ski resorts “Niseko”
The property is located in Niseko Tourism Area, Which is known as one of world’s leading ski resorts and boasts long-standing popularity, particularly high-income earners.
Facing the main road, an ideal location for a restaurant.
The property offers a view of Mt. Yotei and boasts excellent place for restaurants to open in the Niseko Tourism Area.
３．Outlook
In addition to conducting market research in Kutchan Town and the Niseko Tourism Area, we would make proposals to restaurant management companies on the condition that they lease land. A summary of the market research will be published on this website as appropriate.