Nippon Hotel & Residential Investment Corporation

Nippon Hotel & Residential Investment Corporation (3472) is a REIT/real estate investment corporation listed on the Japanese market. In terms of company profile, Nippon Hotel & Residential Investment Corporation (Nippon Hotel & Residential Toshihojin) is a J-REIT listed on the Tokyo Stock Exchange. It was established in 2016 as Oedo Onsen REIT Investment Corporation (Oedo Onsen REIT Toshihojin) as the world's first real estate investment corporation specializing in hot springs under the Oedo Onsen Monogatari Group, but in 2023 it became a hotel/residence complex, and then became affiliated with the APA Group, and changed its name to its current trade name on February 27, 2024. Rather than individual companies, these stocks are positioned as listed products that reflect the price movements of an index, theme, asset class, or real estate/infrastructure asset. When reading the product overview, it will be easier to understand the characteristics if you check the linked items, whether there is currency hedging, trust fees, liquidity, distribution policy, and the discrepancy between the base price and the market price. Prices and distributions may be affected by interest rates, exchange rates, price fluctuations of component assets, changes in management policies, and the management structure of the sponsor and management company.