News Summary

• Japan-based real estate investment trust, Invincible Investment Corporation (“INV”) has acquired ten hotels for a total consideration of JPY34.3 billion.
• The ten properties are situated across Aichi, Kagoshima, Mie, Gunma, Shizuoka, Kanagawa, Ibaraki, Kochi, and Fukuoka.
• Hong Kong-based co-living operator, Weave Living has announced its entry into the Australian market with the acquisition of its first site in Sydney’s inner city.