You are here

Japan's Seibu eyes Tokyo hotel redevelopment project

Tuesday, October 27, 2015 - 05:50

Tokyo

SEIBU Holdings Inc, whose biggest shareholder is Cerberus Capital Management LP, wants to redevelop an area with four hotels in Tokyo's Shinagawa district to tap demand from surging overseas tourists arrivals and the opening of Japan's first high-speed magnetic-levitation (maglev)