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Japan Real Estate Insights by estie
Japan Real Estate Insights by estie

LeTech Sells “HOTEL LEGASTA Kyoto Higashiyama Sanjo” to Kondo Spinning

LeTech Sells “HOTEL LEGASTA Kyoto Higashiyama Sanjo” to Kondo Spinning

In August 2025, LeTech Corporation sold the hotel “HOTEL LEGASTA Kyoto Higashiyama Sanjo” to Kondo Spinning Co., Ltd. The transaction price was not disclosed.

The property was newly built in May 2021 and features five floors above ground and one below, with a gross floor area of approximately 824㎡ (approx. 8,870 sq. ft.). It is located just a one-minute walk from Higashiyama Station on the Kyoto Municipal Subway Tozai Line.

Kondo Spinning, headquartered in Nagoya, primarily operates a textile manufacturing business but also engages in real estate investment, owning multiple office buildings in Tokyo and regional cities across Japan.

Key Facts

  • Property Name: HOTEL LEGASTA Kyoto Higashiyama Sanjo

  • Buyer: Kondo Spinning Co., Ltd.

  • Seller: LeTech Corporation

  • Transaction Price: Not disclosed

  • Location: 49 Saikaiko-cho, Sanjo Ohashi Higashi 5-chome, Higashiyama-ku, Kyoto-shi, Kyoto

  • Nearest Station: Higashiyama Station (Kyoto Municipal Subway Tozai Line) – 1 min walk

  • Completion: May 2021

  • Number of Floors: 5F / B1

  • Gross Floor Area: Approx. 824㎡ (approx. 8,870 sq. ft.)