By SHINYA TAKAGI/ Staff Writer
February 6, 2022 at 13:30 JST
The Grand Prince Hotel Hiroshima in Hiroshima’s Minami Ward will likely be sold. (Asahi Shimbun file photo)
Seibu Holdings Inc. has taken such a heavy hit from the COVID-19 pandemic it is close to selling 30 or so properties in Japan, including Prince brand hotels, to Singaporean sovereign wealth fund GIC for about ¥150 billion ($1.3 billion), according to sources familiar with the proposed deal. [Read More]
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