Japan Hotel REIT Investment Denies Bloomberg Report on Property Acquisition

TOKYO, Jul 23 (Pulse News Wire) – Japan Hotel REIT Investment Corporation (8985.T) denied reports published by Bloomberg yesterday suggesting the company was negotiating to acquire a property in Grand Nikkoo Tokyo. According to the investment firm, neither the corporation nor its asset management company, Japan Hotel /Riito/Adviser Kabushiki Kaisha, has engaged in any discussions or deliberations regarding the acquisition of the mentioned property.

In a statement released today, the company emphasized that the report was not based on any information officially disclosed by either entity. The denial underscores the importance of verifying sources for such significant real estate transactions.

For further inquiries, interested parties should Noboru Itabashi, who can be reached through the company’s official channels.