FinCity.Tokyo (東京国際金融機構)’s Post

<Japan RealEstate Information> Seibu Holdings will sell an iconic Tokyo property for around 400 billion yen ($2.6 billion) to Blackstone, the company announced on Thursday, in a deal that highlights the accelerating pace of business restructuring in corporate Japan amid foreign investors' rising interest in Japanese real estate. The sale of Tokyo Garden Terrace Kioicho, a mixed-use urban complex in the heart of Tokyo, will allow Seibu, a railway and real estate conglomerate, to book a gain of 260.4 billion yen ($1.7 billion). #FinCityTokyo #RealEstate https://lnkd.in/gBPBKZPv

Seibu's $2.6bn property sale sign of Japan's business renewal drive

Seibu's $2.6bn property sale sign of Japan's business renewal drive

asia.nikkei.com

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