HT－01Hotel Vista Sendai
- Cabinet order designated cities
|Acquisition price||4,400 million yen|
|Appraisal value||5,570 million yen|
|Structure/Number of Floors||Steel-construction with flat roof 12F|
|Location||1-7-3 Tsutsujigaoka, Miyagino-ku, Sendai-shi, Miyagi|
|Land area (Note)||1,461.36 ㎡|
|Total floor area||6,977.47 ㎡|
|Completion date||March 14, 2016|
The property is close to JR Sendai Station and Miyagino-dori Station on the Sendai Municipal Subway Tozai Line and secures high convenience. In addition, Sendai International Airport is being used as a base by LCCs (Note) following the privatization of the airport, and demand for various events including academic conferences as well as demand from foreigners visiting Japan is visible. The number of foreign overnight visitors is on an increasing trend throughout all of Sendai City based on most recent figures, and XYMAX REIT believes that the area holds potential to see expansion in demand along with effects of enlivening facilities due to the privatization of the Sendai International Airport.
(Note) LCC is an abbreviation of Low Cost Carrier and refers to an airline company that provides flight services at low fares through efficient operations.