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Asia Pacific Hospitality Newsletter - Week Ending 18 February 2022

Singapore’s GIC Confirms Acquisition of Portfolio for Properties from Seibu Holdings for JPY 150 Billion (USD 1.3 billion)

French polynesiaUnited statesSingapore generalPrince hotelsGenting singapore limitedHotel michaelGovernment of singapore investment corporationGeorger brown convention centreNational airline maldivianEagle hospitality trustFestive hotelHard rock hotel singaporeSeibu holdings incVelana international airportSeibu holdingsSingapore based government

Seibu to sell assets including flagship hotel Prince Park Tower Tokyo to Singapore s GIC

Seibu aims to turn around its business as one of Japan's major railway and hotel operators, a sector that has been hard hit by the coronavirus pandemic.

Lee kok sunSeibu prince hotels worldwide incPrince hotels incSeibu holdings incSeibu holdingsSapporo prince hotelPrince hotel hiroshimaPrince hotelsPrince park tower tokyoGrand prince hotel hiroshimaHoldings president takashi gotoInvestment officerReal estate lee kok sunNiigata prefectureRyuo golf course

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.

Shiga kogenJapan generalTetsuya kanekoManza kogenLee kok sunHoliday innMirait holdingsTerm hotel exposureJapan seibu holdingsFortress investment groupPrince hotel hiroshimaKintetsu group holdingsGrand princeGrand prince hotel hiroshimaSeibu holdingsFor long term hotel

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