Hoshino Resorts REIT, Inc. (TSE:3287) agreed to acquire the b Asakusa from Mitsubishi Estate Co., Ltd. (TSE:8802) for ¥5.6 billion on April 28, 2023. Hoshino Resorts will fund the transaction through borrowings of ¥5.74 billion from MUFG Bank and cash on hand. The transaction is expected to complete by June 1, 2023.