By SHINYA TAKAGI/ Staff Writer
February 6, 2022 at 13:30 JST
The Grand Prince Hotel Shin Takanawa in the capital’s Takanawa district, where redevelopment projects are under way. (Provided by Prince Hotels Inc.)
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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