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GIC to Acquire Prince Hotels From Japan's Seibu Holdings

Japan’s Seibu Holdings will sell 15 Prince hotels and 16 additional leisure properties in Japan to Singapore sovereign wealth fund GIC. ....

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Briefs: GIC could acquire Japan's Prince; Aprirose expands outside London

Briefs: GIC could acquire Japan's Prince; Aprirose expands outside London
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GIC Closes in on $1.3B Deal for Prince Hotels in Japan

Singapore's GIC is said to be the final bidder for the Prince Hotel portfolio in in Japan as owners Seibu Holdings seeks to raise cash. ....

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Seibu eyes selling Prince brand hotels, other assets to Singapore fund

Seibu Holdings Inc. is considering selling about 30 properties in Japan, including Prince brand hotels, to Singaporean sovereign wealth fund GIC for about 150 billion yen ($1.3 billion), sources familar with the plan says. ....

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Seibu considers selling Prince brand hotels to Singapore fund | The Asahi Shimbun: Breaking News, Japan News and Analysis

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. ....

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