The Group since investing in Japan in mid 2009 has identified the type of asset class
to invest to meet its corporate objectives, both in the short and long term.
The implementation of its twin strategies – focusing on residential apartments
by buying land to develop as well as buying distressed completed/uncompleted
apartment units, and investing in business hotels, has served the Group well and
shall continue with such activities. The Group has the plan and intention to invest and
expand its business hotels portfolio to reach economies of scale that will generate a
sustainable income stream and profitability.
The Group has embarked on a brand strategy to promote its portfolio of hotels under
its own name called “nest HOTEL” and “Grand nest HOTEL”.. Kumamoto Hotel, its
5th business hotel, previously known as Chisun Hotel Kumamoto, has been renamed
as “nest HOTEL Kumamoto”. The phase-in of “nest” brand for its remaining hotels
shall be done progressively.