TOKYO -- Seibu Holdings is set to sell off some of its iconic hotel and leisure facilities for over 100 billion yen ($908 million), as the pandemic prompts the Japanese railway and hotel conglomerate to offload those assets to focus on their operation, multiple sources told Nikkei.
It is seeking proposals from investment funds and will begin negotiations for around 40 of its facilities in the country with the aim of completing sales by April 2022.
