Agility Asset Advisers Inc. (Representative: Kinji Kaiho; hereinafter “the Company”) announces that, in collaboration with Sakia Hospitality Co., Ltd. (Representative: Shuya Kuwana; hereinafter Sakia Hospitality), the Company has completed the acquisition of Royal Oak Hotel Spa & Gardens located on Lake Biwa and its operations, and has also been entrusted with the asset management operations of the assets under management shown below on behalf of foreign investors.
In this project, the Company and Sakia Hospitality will combine their accumulated expertise and knowledge to turn the hotel around and make it a leading hotel in the region.
Outline of assets under management
|Types of assets under management||Hotel|
|Location||Kayanoura, Otsu, Shiga Prefecture|
|Structure, Number of floors||Reinforced concrete construction|
|Site area||25,264.38 sqm (Registered area)|
|Total floor area||41,847.33 sqm (Registered area)|
|Number of guestrooms||169|
|Completion date||March 1990|
|Acquisition date||December 22, 2017|
Outline of operation company
|Company name||Royal Oak Resort Corporation|
|Address||23-1 Kayanoura, Otsu, Shiga Prefecture|