{"id":30564,"date":"2024-10-15T03:00:00","date_gmt":"2024-10-15T03:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4530127_AE30127_0"},"modified":"2024-10-15T03:00:00","modified_gmt":"2024-10-15T03:00:00","slug":"zekkei-properties-completes-sales-of-hoshinoya-hutte-niseko-project-to-japanese-consortium","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=30564","title":{"rendered":"Zekkei Properties completes sales of HOSHINOYA H\u00fctte Niseko project to Japanese consortium"},"content":{"rendered":"<div id=\"dvContent\" readability=\"73.930921052632\">\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">TOKYO<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 15, 2024<\/span><\/span> \/PRNewswire\/ &#8212; Zekkei Properties announces today&nbsp;that&nbsp;it&nbsp;has&nbsp;sold&nbsp;the HOSHINOYA H\u00fctte Niseko development to a consortium formed by Tokyu Land Corporation, Mitsubishi Estate Residence.,Ltd. and SMFL MIRAI Partners Co., Ltd.<\/p>\n<p>Through its special purpose subsidiary&nbsp;Zekkei Cosmos Co., Ltd., Zekkei has partnered with Hoshino Resorts since 2020&nbsp;and has successfully completed the planning, design and civil works for this first condominium hotel under the prestigious HOSHINOYA brand. The necessary building approval for the project was secured in early 2024. The sale of this entire project enables the consortium to complete the project based on the existing design and planning. The construction started on <span class=\"xn-chron\">Oct 14, 2024<\/span> and is expected to complete in 2029.<\/p>\n<p class=\"prntac\">Planning Outline:<\/p>\n<p class=\"prntac\"><b>Property Name:<\/b> HOSHINOYA H\u00fctte Niseko (provisional)<br \/><b>Location:<\/b>&nbsp;Yamada 204-2, Kutchan, Abuta District, <span class=\"xn-location\">Hokkaido<\/span><br \/><b>Structure:<\/b> Reinforced&nbsp;concrete&nbsp;with&nbsp;some&nbsp;steel&nbsp;structures<br \/><b>Site area:<\/b> 6,462.83 square meters<br \/><b>Total floor area:<\/b> 14,870 square meters&nbsp;<br \/><b>Rooms:<\/b> 62<br \/><b>Levels:<\/b> 7 levels (5 above ground)<br \/><b>Operator:<\/b>&nbsp;Hoshino Resorts<br \/><b>Architect:<\/b>&nbsp;Azuma Architect&nbsp;and&nbsp;Associates&nbsp;Co.,&nbsp;Ltd.<\/p>\n<p>About Zekkei&nbsp;Properties<\/p>\n<p>Zekkei Properties, headquartered in <span class=\"xn-location\">Tokyo<\/span>, is an international developer specializing in luxury holiday and urban residences. The company has successfully delivered a diverse portfolio of high-end developments across <span class=\"xn-location\">Japan<\/span>, <span class=\"xn-location\">Thailand<\/span>, <span class=\"xn-location\">Hong Kong<\/span>, and <span id=\"spanHghlt3e67\">mainland <span class=\"xn-location\">China<\/span><\/span>. Since 2005,&nbsp;Zekkei has been a pioneering developer in <span class=\"xn-location\">Hokkaido<\/span>, completed and sold multiple award-winning holiday residences in Niseko and Furano. In recent years, Zekkei has redirected its focus towards urban areas, developing a number of ultra-luxurious private residences in <span class=\"xn-location\">Tokyo<\/span>.<\/p>\n<p>Media&nbsp;enquiries regarding this release&nbsp;E-mail&nbsp;<a href=\"mailto:info@zekkei-properties.com\" target=\"_blank\" rel=\"nofollow noopener\">info@zekkei-properties.com<\/a><\/p>\n<\/p><\/div>\n<p>Source: Zekkei Cosmos Co. Ltd<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO, Oct. 15, 2024 \/PRNewswire\/ &#8212; Zekkei Properties announces today&nbsp;that&nbsp;it&nbsp;has&nbsp;sold&nbsp;the HOSHINOYA H\u00fctte Niseko development to a consortium formed by Tokyu Land Corporation, Mitsubishi Estate Residence.,Ltd. and SMFL MIRAI Partners Co., Ltd. Through its special purpose subsidiary&nbsp;Zekkei Cosmos Co., Ltd., Zekkei has partnered with Hoshino Resorts since 2020&nbsp;and has successfully completed the planning, design and civil [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-30564","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Zekkei Properties completes sales of HOSHINOYA H\u00fctte Niseko project to Japanese consortium - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=30564\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zekkei Properties completes sales of HOSHINOYA H\u00fctte Niseko project to Japanese consortium - My Blog\" \/>\n<meta property=\"og:description\" content=\"TOKYO, Oct. 15, 2024 \/PRNewswire\/ &#8212; Zekkei Properties announces today&nbsp;that&nbsp;it&nbsp;has&nbsp;sold&nbsp;the HOSHINOYA H\u00fctte Niseko development to a consortium formed by Tokyu Land Corporation, Mitsubishi Estate Residence.,Ltd. and SMFL MIRAI Partners Co., Ltd. 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