Nagoya Hotel Investments TMK has sold the Compass Hotel Nagoya to ES-CON JAPAN REIT Investment Corporation for JPY 4.4 billion ($27.9 million).
Completed in 2019, the Compass Hotel Nagoya is an urban-style hotel with 130 guest rooms located in the Nagoya Station area, a gateway and economic hub of the Chukyo region. The district continues to benefit from urban redevelopment and strong accessibility for both domestic and international travelers, including leisure and business visitors.
“Nagoya offers both geographical advantages, being close to popular tourist destinations such as the Ise region and Takayama in Gifu, and a strong economic base supported by major companies such as Toyota Motor Corporation,” said James Abe, managing director, investment sales Japan, JLL Hotels & Hospitality Group. “This unique combination attracts both leisure and business travelers.”
Abe added, “Furthermore, with upcoming major events like the 2026 Asian Games in Aic
