NBI, Subsidiary of Niraku GC Holdings Inc., Enters New Lease Agreement

Reuters
Jul 29
NBI, Subsidiary of Niraku GC Holdings Inc., Enters New Lease Agreement

NBI Regional Revitalization Investment Co., Ltd., a non-wholly-owned subsidiary of Niraku GC Holdings Inc., has recently entered into a lease agreement concerning the Ryokan Inn properties located in Minami-Izu-cho, Shizuoka Prefecture, Japan. NBI, which is 75% owned by the Group and 25% by Core Holdings, is focused on regional revitalization initiatives. The lease agreement encompasses 14 buildings, including a mix of seven-storied, eight-storied, and single-storied structures, with a total floor area of approximately 5,925.4 square meters. This move is part of the company's strategy to enhance its portfolio and strengthen its position in the hospitality sector.

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