Jones Lang LaSalle Hotels advises on sale of Niseko Village

Staff Writer Property Report 03/09/2010 05:27 PM
Jones Lang LaSalle Hotels advises on sale of Niseko Village - Jones Lang LaSalle - hotels - Japan


Jones Lang LaSalle Hotels on behalf of Citigroup Principal Investments Japan Co. Ltd. that YTL Hotels & Properties Sdn Bhd has entered into an acquisition agreement to purchase the Niseko Village in Niseko, Japan.



Jones Lang LaSalle Hotels as exclusive advisor negotiated the sale on behalf of Citigroup Principal Investments Japan Co. Ltd.

Located at the foothills of Mt. Niseko An’nupuri, Niseko Village features a 506-room Hilton Hotel, 200-room Green Leaf Hotel, two 18-hole golf courses including a par 72 golf course designed by Arnold Palmer, 155 hectares of ski mountain with seven ski lifts and 15 ski trails, leisure amenities, natural hot springs, and 462 hectares of freehold land.

“With its ease of accessibility to the inbound and domestic markets, attractive terrain, reliable
infrastructure, and consistent quality and quantity of powder snow, Niseko is Asia’s leading skiing
destination” comments Nihat Ercan, vice president of Investment Sales, Jones Lang LaSalle Hotels. 

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