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    Deal detail

    Browse Samjong KPMG's control sale, investment, and real-estate opportunities in one place.

    Golf course (18 holes, par 72, 6,636 yards; clubhouse, sauna, pro shop, and other facilities; major refurbishment completed in 2022)Published real estate deal

    O CC (Golf Course in Oita, Japan)

    Currently serves primarily Japanese and non-member customers, with potential to increase patronage through future marketing to international visitors

    Asset typeGolf course (18 holes, par 72, 6,636 yards; clubhouse, sauna, pro shop, and other facilities; major refurbishment completed in 2022)
    LocationOita Prefecture, Japan (near the airport)
    AreaSite area: approximately 205,000 pyeong
    AskingOpen
    Target buyerCompanies seeking to acquire a Japanese golf course capable of generating stable earnings

    Investment highlights

    • No major capital expenditure is expected following the comprehensive refurbishment completed in 2022
    • Registered-title verification for the owned land eliminates ownership and excess-taxation risk
    • The absence of a hotel avoids a major source of losses for Japanese golf courses
    • Low long-term borrowings relative to total assets limit leverage risk

    Deal partner

    Hyungjoo Kim, Partner