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12,406 1,177 685 524 523 39,274 20,085 CONTENTS 04 1 05 2 28 3 44 4 46 5 47 6 48 7 55 8 56 9 57 59
MESSAGE FROM THE PRESIDENT 04 05
Q & A Q Q A A Q A Q A 06 07
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BUSINESS HOTEL RESORT HOTEL CITY HOTEL 10 11
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B-1 B-2 B-3 B-4 B-5 B-6 B-7 B-8 B-9 B-10 B-11 B-12 B-13 B-14 B-15 R-1 B-1 B-2 B-3 B-4 B-5 B-6 B-7 B-8 B-9 B-10 B-11 B-12 B-13 B-14 B-15 R-1 16 17
P o r t f o l i o L i n e u p B-1 B-13 B-3 B-5 B-2 B-4 B-6 B-7 B-8 B-12 B-10 B-15 B-11 B-9 B-14 R-1 18
B-14 HOTEL VISTA HASHIMOTO R-1 THE BEACH TOWER OKINAWA B-15 COMFORT HOTEL SHINYAMAGUCHI B-1 STAR HOTEL TOKYO 20 21
B-2 KAYABACHO PEARL HOTEL B-5 R&B HOTEL HIGASHI-NIHONBASHI DORMY INN SUIDOBASHI B-3 B-6 DORMY INN ASAKUSA B-4 KAMOGAWA INN NIHONBASHI B-7 ViSTA HOTEL KAMATA 22 23
B-8 HOTEL URBAIN KAMATA ANNEX B-11 TOYOKO INN HAKATAGUCHI EKIMAE B-9 DORMY INN NANBA B-12 ARIMAX HOTEL 330 SAPPORO B-10 HOTEL SUNROUTE NIIGATA B-13 R&B HOTEL UENO HIROKOJI 24 25
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I n v e s t o r I n f o r m a t i o n http://www.nhf-reit.co.jp 3 5 6 9 11 12 58 59