Hon Kwok to sell Osaka hotel property for JPY 1.68 billion

• Hon Kwok agreed to sell a 9-story boutique hotel property in Osaka for JPY 1.68 billion, including consumption tax, under a July 31, 2026 agreement.
• Asset comprises 48 rooms with about 1,042 square meters of gross floor area; completion expected on or before Sept. 30, 2026.
• Buyer to pay JPY 160 million by Aug. 31, 2026; remaining JPY 1.52 billion due at completion.
• Price implies an 11.7% premium to a June 30, 2026 valuation of JPY 1.5 billion; up 113.4% from the 2024 acquisition price.
• Hon Kwok expects a post-expense gain of about JPY 30.6 million; net proceeds of about JPY 1.03 billion earmarked for Hong Kong working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hon Kwok Land Investment Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260731-12265032), on July 31, 2026, and is solely responsible for the information contained therein.