United Urban Investment Corp. To Acquire Four Properties, Including Hotels, for About JPY 7.5 Billion

United Urban Investment Corp., affiliated with Dai-ichi Life and Marubeni, will acquire two hotel properties and two nursing home properties for a total of about JPY 7.5 billion. The acquisitions will be completed sequentially from June 16 to June 18, 2026.

The hotels to be acquired are Grand STAY Hakata Ekikita in Hakata Ward, Fukuoka, and Grids Tokyo Ueno Ekimae Hotel + Hostel in Ueno 7-chome, Taito Ward, Tokyo. Grand STAY Hakata Ekikita is an apartment-style hotel completed in 2021, located a 13-minute walk from JR Hakata Station, and has a planned acquisition price of JPY 1.845 billion. Grids Tokyo Ueno Ekimae Hotel + Hostel is a limited-service hotel completed in 2019, located a one-minute walk from JR Ueno Station, and has a planned acquisition price of JPY 3.25 billion.

For the nursing home properties, the REIT will acquire Ecracia Tachikawa Ichibancho in Tachikawa, Tokyo, and Ecracia Musashimurayama in Musashimurayama, Tokyo. Both are residential paid nursing homes. Ecracia Tachikawa Ichibancho was completed in 2025, has 72 rooms and has a planned acquisition price of JPY 1.26 billion. Ecracia Musashimurayama was completed in 2024, has 70 rooms and has a planned acquisition price of JPY 1.11 billion. Both properties will be acquired from JA Mitsui Leasing Tatemono Co.

Following the acquisitions, United Urban Investment Corp.’s portfolio is expected to comprise 146 properties, with a total planned acquisition price of about JPY 713.6 billion. By property type, the portfolio will include 28 hotels and five senior housing facilities. The acquisitions will add both hotels positioned to capture lodging demand near major stations and senior housing facilities expected to benefit from medium- to long-term demand associated with Japan’s aging population.

Key Facts

• Buyer: United Urban Investment Corp.
• Property Name: Grand STAY Hakata Ekikita
• • Seller: Domestic business corporation
  • Scheduled Acquisition Date: June 16, 2026
  • Planned Acquisition Price: JPY 1.845 billion
  • Appraisal Value: JPY 2.05 billion, by Japan Real Estate Institute as of May 1, 2026
  • Appraisal NOI Yield: 5.2%
  • Appraisal NOI Yield After Depreciation: 4.5%
  • Location: 3-15-4 Katakasu, Hakata Ward, Fukuoka, Fukuoka Prefecture
  • Nearest Station: 13-minute walk from JR Hakata Station
  • Completion: February 2021
  • Number of Floors: 10F, reinforced concrete structure
  • Area: Land Area: approximately 219 tsubo (approx. 7,800 sq. ft.) / Gross Floor Area: approximately 435 tsubo (approx. 15,500 sq. ft.)
  • Number of Guestrooms: 40
  • Occupancy: 100.0%, as of June 4, 2026
• Property Name: Grids Tokyo Ueno Ekimae Hotel + Hostel
• • Seller: Domestic business corporation
  • Scheduled Acquisition Date: June 18, 2026
  • Planned Acquisition Price: JPY 3.25 billion
  • Appraisal Value: JPY 3.49 billion, by Japan Real Estate Institute as of May 1, 2026
  • Appraisal NOI Yield: 4.2%
  • Appraisal NOI Yield After Depreciation: 3.8%
  • Location: 7-10-4 Ueno, Taito Ward, Tokyo
  • Nearest Station: One-minute walk from JR Ueno Station
  • Completion: September 2019
  • Number of Floors: 10F, reinforced concrete structure
  • Area: Land Area: approximately 49 tsubo (approx. 1,700 sq. ft.) / Gross Floor Area: approximately 301 tsubo (approx. 10,700 sq. ft.)
  • Number of Guestrooms: 40
  • Occupancy: 100.0%, as of May 1, 2026
• Property Name: Ecracia Tachikawa Ichibancho
• • Seller: JA Mitsui Leasing Tatemono Co.
  • Scheduled Acquisition Date: June 17, 2026
  • Planned Acquisition Price: JPY 1.26 billion
  • Appraisal Value: JPY 1.45 billion, by Japan Real Estate Institute as of May 1, 2026
  • Appraisal NOI Yield: 5.0%
  • Appraisal NOI Yield After Depreciation: 4.1%
  • Location: 4-37-8 Ichibancho, Tachikawa, Tokyo
  • Nearest Station: 15-minute walk from Musashi-Sunagawa Station on the Seibu Haijima Line
  • Completion: February 2025
  • Number of Floors: 4F, steel structure
  • Area: Land Area: approximately 374 tsubo (approx. 13,300 sq. ft.) / Gross Floor Area: approximately 761 tsubo (approx. 27,100 sq. ft.)
  • Number of Rooms: 72
  • Occupancy: 100.0%, as of May 1, 2026
• Property Name: Ecracia Musashimurayama
• • Seller: JA Mitsui Leasing Tatemono Co.
  • Scheduled Acquisition Date: June 17, 2026
  • Planned Acquisition Price: JPY 1.11 billion
  • Appraisal Value: JPY 1.33 billion, by Japan Real Estate Institute as of May 1, 2026
  • Appraisal NOI Yield: 5.4%
  • Appraisal NOI Yield After Depreciation: 4.5%
  • Location: 2-42-33 Mitsufuji, Musashimurayama, Tokyo
  • Nearest Station: About 11 minutes by bus from Seibu-Tachikawa Station on the Seibu Haijima Line, then a one-minute walk from the Mitsufuji bus stop
  • Completion: November 2024
  • Number of Floors: 3F, steel structure
  • Area: Land Area: approximately 839 tsubo (approx. 29,900 sq. ft.) / Gross Floor Area: approximately 716 tsubo (approx. 25,500 sq. ft.)
  • Number of Rooms: 70
  • Occupancy: 100.0%, as of May 1, 2026