July 20, 2017
XYMAX Corporation

Joint Hotel Project in Shin-Osaka
Construction planning of "karaksa hotel Shin-Osaka Premier" (temporary name) started.
XYMAX Corporation (Head Office: Minato-ku, Tokyo) (Representative Director: Masafumi Shimada) (hereinafter"XYMAX") and SG Realty Co., Ltd. (Head Office: Minami-ku, Kyoto city) (Representative Director: ShotaroKanemitsu) (hereinafter "SGR") launched a hotel project on the land located close to Shin-Osaka station.
1.

Background of the Project
XYMAX has been developing close relations with SGR in expanding each other's real estate business.
XYMAX entered the hotel business last year and is adding more hotels. SGR is aiming to expand its realestate investment to include buildings that are used for different purposes. The strategies of the twocompanies met and this joint project came out. The more specific scheme is as follows: SGR will develop a
new hotel on the land owned by SG Holdings as a way to achieve the effective use of the land and XYMAXGroup will operate the hotel.

2.

Location & Overview of the Building (See the Appendix)
The development site will be on the northwestern side of Shin-Osaka station. The walking distance fromthe station is four minutes.
This hotel, targeting tourists from within Japan and from abroad, will achieve the maximum use of theadvantage of being located in Shin-Osaka, the transportation hub in the Kansai area, and be the ideal hotel
not only for those who visit places within Osaka city (Shinsaibashi, Namba, USJ, etc.) but also those whovisit other areas including Kyoto, Kobe and Nara. XYMAX will make the new hotel a flagship hotel of its
karaksa hotel brand and aim to improve the satisfaction of tourist travelers. The location also provides easy
access from Kansai International Airport, the important gateway for foreign travelers, approximately
one-hour drive.
It will be a 95-meter new skyscraper with 398 guestrooms. In addition to the standard guestrooms with twobeds, different room types will be available to serve the various needs of guests. Travelers will enjoy thehotel stays too, with the facilities including the large common bath to refresh at the end of the day and thebathroom with view which is available on some of the guestrooms.

3.

Opening Schedule
The hotel is scheduled to open at the end of 2019.

XYMAX started the hotel business with the converted hotels in Osaka and Kyoto, which opened in March 2016.
Another hotel, a former roadside retail building converted into a hotel, opened near Kansai International
Airport in January this year. Two more hotels are scheduled to open: one in Namba, Osaka at the end of thisyear and another one in Sapporo in early 2018. The hotel of this joint project will come after that. XYMAX'shotel constructions are progressing in line with the initial plan.
For further information, please contact the Overseas Business Department ofXYMAX Corporation (Phone +81-3-5544-6840).

APPENDIX
Overview of the Building
karaksa hotel Shin-Osaka Premier (temporary name)Location(land lot number) 3-3-9 Miyahara, Yodogawa-ku, Osaka city

Site Area

2,080 sqm

Gross Building Area

approx. 18,450 sqm

Structure & Floor

Steel-frame structure
1 floor below ground and 24 floors above ground

Completion

End of 2019 (schedule)

Design & Construction

Shimizu Corporation (Kansai Branch)

Number of Guestrooms

398 rooms (plan)

Other Facilities● Guestroom floorsLower floors (5F-14F): Basic room size is 21 sqm
Upper floors (15F-24F): Basic room size is 25 sqm or 36 sqm – 43 sqm
Floors 22 to 24 are premium floors, "Sky View Floor".
● Large common bath. Some guestrooms have bathroom with view.
● The driveway allows large bus.
● Ribbon windows on the north and south sides of the building provide view
from the guestrooms.

Exterior Appearance