Tokyu Land’s Activia REIT Buying Okinawa Hotel for $35M as Island’s Tourism Hits Record

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Tokyu Land’s Activia Properties is acquiring a hotel in Naha, Okinawa, valued at $35 million, capitalizing on the surge in tourism on the island. This purchase strengthens Tokyu Land’s position in Japan's resort property market amid record tourism demand.

Activia Properties is buying a hotel in Okinawa’s prefectural capital of Naha for JPY 5.5 billion ($35 million), giving the Tokyu Land-sponsored REIT a foothold in one of Japan’s top resort markets as tourism demand on the island continues to... Read More>> The post Tokyu Land’s Activia REIT Buying Okinawa Hotel for $35M as Island’s Tourism Hits Record appeared first on Mingtiandi.