JLL Advises on the Sale of Compass Hotel Nagoya

Tokyo, March 4, 2026 – JLL (NYSE:JLL) Hotels & Hospitality Group today announced that it has advised on the sale of the Compass Hotel Nagoya, owned by Nagoya Hotel Investments TMK, to ES-CON JAPAN REIT Investment Corporation for a total consideration of JPY 4.4 billion.

Completed in 2019, the Compass Hotel Nagoya is an urban-type hotel with 130 guest rooms, located in the Nagoya Station area, a gateway and economic hub of the Chukyo region. The area continues to undergo urban enhancement and redevelopment, offering exceptional accessibility for both domestic and international travelers, including tourists and business users alike.

“Nagoya offers both geographical advantages, being close to popular tourist destinations such as the Ise region and Takayama in Gifu, and a strong economic base supported by major companies such as Toyota Motor Corporation. This unique combination attracts both leisure and business travelers,” says James Abe, Managing Director, Investment Sales Japan, JLL Hotels & Hospitality Group

“Furthermore, with upcoming major events like the 2026 Asian Games in Aichi-Nagoya, as well as strong draws such as Ghibli Park and LEGOLAND Japan, along with expectations surrounding the Maglev (Linear) train opening, investor interest in Nagoya’s hotel market is expected to remain robust. We are honored to have assisted ES-CON JAPAN REIT Investment Corporation in expanding its hotel portfolio, which is a key pillar of its growth strategy, through this transaction,” says Abe.

JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 113,000 as of December 31, 2025. For over 200 years, clients have trusted JLL, a Fortune 500® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.