TPG Said to Eye Tokyo Sale to Japan Hotel REIT for $860 Million
AI Summary
Investment fund TPG plans to sell a Tokyo hotel property to Japan Hotel REIT Investment Co. for $860 million amid a tourism boom boosting property valuations in Tokyo.
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.
Markets Deals Real Estate Travel TPG Tokyo hotel sale Japan Hotel REIT investment fund tourism boom property valuation