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Japan's Seibu eyes Tokyo hotel redevelopment project

Published Mon, Oct 26, 2015 · 09:50 PM

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) train line.

The project may cost about four times the 98 billion yen (S$1.1 billion) Tokyo…

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Property

Property

Japan's Seibu eyes Tokyo hotel redevelopment project

Property

US 30-year mortgage rate rises to five-month high of 7.24%

Money laundering accused Su Baolin’s Sentosa property goes unsold at auction

US Judge approves US$418 million settlement that will change real estate commissions

In San Francisco, a home renovation can become a battle royale

Country Garden extends bonds to avoid first local default

Daughter of Chinese steel-and-nickel tycoon picks up S$84 million Bin Tong Park bungalow

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