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GIC divests Hilton hotel property in Fukuoka, Japan
The property has 1,052 guest rooms and is situated next to the Mizuho PayPay Dome, a baseball stadium
Published Thu, Sep 12, 2024 · 01:47 PM
SOVEREIGN wealth fund GIC has divested its hotel property in Fukuoka, Japan, it confirmed on Wednesday (Sep 11).
The property, the Hilton Fukuoka Sea Hawk hotel, was sold to Mizuho Leasing Company, which signed the purchase agreement in July. The deal closed in late August.
GIC declined to comment on the purchase price and selling price.
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