Two residential properties will be launched by 2020.
Frasers Hospitality Trust announced that it has raised its Japan investments to $250m to launch new serviced residential properties in Tokyo namely Capri by Fraser, Ginza I Japan and Fraser Suites Akasaka. Both are expected to be launched by 2020.
Capri by Fraser, Ginza I Japan will focus on catering the millennial age group, and is expected to have 200 rooms with stylish social spaces.
Meanwhile, Fraser Suites Akasaka will offer elegant studio and one-bedroom apartments located in Japan’s central downtown.
Frasers Hospitality’s has a global portfolio of over 145 properties in about 80 cities.
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