Verde Holdings acquires 'Smile Hotel Okayama' in central Okayama

Verde Kikaku Co., Ltd. announced that its group company, Verde Holdings Co., Ltd., has acquired the trust beneficiary rights for 'Smile Hotel Okayama', located in Marunouchi, Kita-ku, Okayama City. This acquisition was executed through a real estate management and disposal trust scheme, with Verde Holdings acting as the beneficiary. The company develops and operates real estate primarily in Okayama Prefecture and has been strengthening its hotel asset investments against the backdrop of recovering lodging demand and expanding inbound tourism in regional cities. The property was deemed competitive in terms of location, age, and room specifications, aligning with the company's investment strategy.