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TPG Said to Eye Tokyo Sale to Japan Hotel REIT for $860 Million

Bloomberg Markets Wednesday 22 July 2026, 07:31 UTC By Ryo Horiuchi 1 min read
Key Points

TPG Said to Eye Tokyo Sale to Japan Hotel REIT for $860 Million Investment fund TPG Angelo Gordon Inc. plans to sell a Tokyo hotel property to Japan Hotel REIT Investment Co. as a tourism boom unfolds and boosts valuations, people familiar with the matter said. A price of ¥140 billion ($858 million) is being discussed for the sale of the Grand Nikko Tokyo Daiba, in Minato Ward, said the people, asking not to be identified because the information is private. The property was acquired in 2024...

TPG Said to Eye Tokyo Sale to Japan Hotel REIT for $860 Million Investment fund TPG Angelo Gordon Inc. plans to sell a Tokyo hotel property to Japan Hotel REIT Investment Co. as a tourism boom unfolds and boosts valuations, people familiar with the matter said. A price of ¥140 billion ($858 million) is being discussed for the sale of the Grand Nikko Tokyo Daiba, in Minato Ward, said the people, asking not to be identified because the information is private. The property was acquired in 2024 for around ¥100 billion, according to local media.
TPG (ORG) Eye Tokyo Sale (ORG) Japan Hotel REIT (ORG) TPG Angelo Gordon Inc. (ORG) Tokyo (LOCATION) Japan Hotel REIT Investment Co. (ORG) the Grand Nikko Tokyo Daiba (ORG) Minato Ward (LOCATION)
Originally published by Bloomberg Markets Read original →

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