A hotel in Himeji has sold at a 3.2 billion Yen (US$22 million) loss based on book value last month as the struggles with nearby competition and the pandemic saw the seller seek to offload it before its value worsened further.


This content is available to paid subscribers only. To join our paid subscription and access over 3,100 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.