According to Zhitong Finance App, Jianye Industrial (00216) and Han Guo Real Estate (00160) jointly announced that on July 31, 2026, The Bauhinia Hotels Group Japan 3 entered into a sales agreement with the buyer LLGK1 LLC (Godo Kaisha) to sell the property at a cost of 1,675 billion yen (equivalent to approximately HK$82.1 million, including local consumption tax). The property is located at 2-5-18 Shikitsu-higashi, Naniwa-ku, Osaka, Japan. The property is a 9-storey hotel building with a total construction area of about 1,042 square meters and a total of 48 hotel rooms. The property has been leased to an independent hotel operator and is now operating as a boutique hotel.

The Bauhinia Hotels Group Japan 3 is separately funded and controlled by the joint venture Optimal Trade Holdings Limited (Optimal Trade Holdings Limited), and the joint venture is 60% owned by Best Range Global (a direct wholly-owned subsidiary of China and an indirect non-wholly-owned subsidiary of Jianye).

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.