United Urban Investment Corp acquires hotel in Fukuoka

TOKYO, Jun 30 (Pulse News Wire) – United Urban Investment Corporation (8960.T) announced the completion of construction and acquisition of a 117-room hotel in Fukuoka's Hakata Gion area. The property was acquired for ¥4.502 billion, with funding from own resources.

Located near major commercial facilities, the hotel offers easy access to transportation hubs such as Hakata Station and Fukuoka Airport. It features amenities like a sauna and hot bath, enhancing guest experience. The asset will be operated by Royal Hotel Co., known for its strong brand presence and network across Japan and overseas.

The acquisition aligns with the company’s strategy to expand its portfolio. Expected impact on operations remains minor within the light disclosure threshold set by the Tokyo Stock Exchange. No revisions are planned for the forecast of fiscal 2026 ending May and November.