• List Group unit List Development completed the Aso Retreat HONO luxury hotel in Minamiaso on Aug. 31, 2026.
• A fund was formed to own and operate the asset, with List taking an equity stake alongside Genkai Capital Group.
• List Development will transfer the renovated, expanded property into the fund via a trust beneficial interest structure.
• Genkai Capital Management will act as asset manager; hotel operations will be handled by hospitality group Onko Chishin.
• The 17-room hotel is scheduled to open on Nov. 2, 2026.

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. List Group published the original content used to generate this news brief on September 07, 2026, and is solely responsible for the information contained therein.