United Urban Investment 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 hotels and two senior housing properties for a total of approximately JPY 7.5 billion. The acquisitions will be completed sequentially from June 16 to June 18, 2026.
The two hotels to be acquired are Grand STAY Hakataeki-kita in Hakata Ward, Fukuoka City, and Grids Tokyo Ueno Station Hotel + Hostel in Ueno 7-chome, Taito Ward, Tokyo. Grand STAY Hakataeki-kita is an apartment-style hotel completed in 2021 and located a 13-minute walk from JR Hakata Station. Its scheduled acquisition price is JPY 1.845 billion. Grids Tokyo Ueno Station Hotel + Hostel is a limited-service hotel completed in 2019 and located a one-minute walk from JR Ueno Station. Its scheduled acquisition price is JPY 3.25 billion.
For the senior housing properties, the investment corporation will acquire Eclasia Tachikawa Ichibancho in Tachikawa City, Tokyo, and Eclasia Musashimurayama in Musashimurayama City, Tokyo. Both are residential-type private senior homes. Eclasia Tachikawa Ichibancho was completed in 2025, has 72 rooms and has a scheduled acquisition price of JPY 1.26 billion. Eclasia Musashimurayama was completed in 2024, has 70 rooms and has a scheduled acquisition price of JPY 1.11 billion. Both properties will be acquired from JA Mitsui Leasing Tatemono Co., Ltd.
After the acquisitions, the investment corporation’s portfolio is expected to comprise 146 properties with a total acquisition price of approximately JPY 713.6 billion. By asset type, the portfolio will include 28 hotels and five senior housing properties. The acquisitions will add both hotels that capture lodging demand near major stations and senior housing properties expected to benefit from medium- to long-term demand driven by population aging.
Key Facts
- Buyer: United Urban Investment Corp.
- Property Name: Grand STAY Hakataeki-kita
- Seller: Domestic operating company
- Scheduled Acquisition Date: June 16, 2026
- Scheduled Acquisition Price: JPY 1.845 billion
- Appraised Value: JPY 2.05 billion (Japan Real Estate Institute, as of May 1, 2026)
- Appraisal NOI Yield: 5.2%
- Appraisal Yield After Depreciation: 4.5%
- Location: 3-15-4 Katakasu, Hakata Ward, Fukuoka City, Fukuoka Prefecture
- Nearest Station: 13-minute walk from JR Hakata Station
- Completion: February 2021
- Number of Floors: 10F / B0 (reinforced concrete)
- Area: Land Area: approximately 219 tsubo (approx. 7,800 sq. ft.) / Gross Floor Area: approximately 435 tsubo (approx. 15,500 sq. ft.)
- Guest Rooms: 40
- Occupancy Rate: 100.0% (as of June 4, 2026)
- Property Name: Grids Tokyo Ueno Station Hotel + Hostel
- Seller: Domestic operating company
- Scheduled Acquisition Date: June 18, 2026
- Scheduled Acquisition Price: JPY 3.25 billion
- Appraised Value: JPY 3.49 billion (Japan Real Estate Institute, as of May 1, 2026)
- Appraisal NOI Yield: 4.2%
- Appraisal 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 / B0 (reinforced concrete)
- Area: Land Area: approximately 49 tsubo (approx. 1,700 sq. ft.) / Gross Floor Area: approximately 301 tsubo (approx. 10,700 sq. ft.)
- Guest Rooms: 40
- Occupancy Rate: 100.0% (as of May 1, 2026)
- Property Name: Eclasia Tachikawa Ichibancho
- Seller: JA Mitsui Leasing Tatemono Co., Ltd.
- Scheduled Acquisition Date: June 17, 2026
- Scheduled Acquisition Price: JPY 1.26 billion
- Appraised Value: JPY 1.45 billion (Japan Real Estate Institute, as of May 1, 2026)
- Appraisal NOI Yield: 5.0%
- Appraisal Yield After Depreciation: 4.1%
- Location: 4-37-8 Ichibancho, Tachikawa City, Tokyo
- Nearest Station: 15-minute walk from Musashi-Sunagawa Station on the Seibu Haijima Line
- Completion: February 2025
- Number of Floors: 4F / B0 (steel structure)
- Area: Land Area: approximately 374 tsubo (approx. 13,300 sq. ft.) / Gross Floor Area: approximately 761 tsubo (approx. 27,100 sq. ft.)
- Rooms: 72
- Occupancy Rate: 100.0% (as of May 1, 2026)
- Property Name: Eclasia Musashimurayama
- Seller: JA Mitsui Leasing Tatemono Co., Ltd.
- Scheduled Acquisition Date: June 17, 2026
- Scheduled Acquisition Price: JPY 1.11 billion
- Appraised Value: JPY 1.33 billion (Japan Real Estate Institute, as of May 1, 2026)
- Appraisal NOI Yield: 5.4%
- Appraisal Yield After Depreciation: 4.5%
- Location: 2-42-33 Mitsufuji, Musashimurayama City, Tokyo
- Nearest Station: About 11 minutes by bus from Seibu-Tachikawa Station on the Seibu Haijima Line, followed by a one-minute walk from the Mitsufuji bus stop
- Completion: November 2024
- Number of Floors: 3F / B0 (steel structure)
- Area: Land Area: approximately 839 tsubo (approx. 29,900 sq. ft.) / Gross Floor Area: approximately 716 tsubo (approx. 25,500 sq. ft.)
- Rooms: 70
- Occupancy Rate: 100.0% (as of May 1, 2026)