Mori Hospitality expands real estate private equity
Mori Hospitality Corp. has made a strategic investment into Hong Kong–based Conduit House, a fully integrated asset manager and private equity investor focused on hospitality-oriented real estate.
“Conduit House represents a unique platform for Mori Hospitality to extend its exposure to hospitality opportunities in Asia beyond Japan. Conduit House’s approach of adding value by repositioning, refurbishing and redeveloping underperforming assets with its fully integrated platform provides a compelling opportunity for us, an opportunity which complements our existing businesses. We believe that our investment in Conduit House will provide further depth, experience and pipeline to our organization as well as future partnership opportunities,” said Hiroo Mori, president and CEO of Mori Hospitality Corp.
As a wholly owned subsidiary of Mori Building Group, one of the most successful urban developers in Japan, Mori Hospitality Corp. is a full-service hospitality compa