TOKYO -- U.S. investment fund Blackstone has been granted the right of first refusal in negotiations to purchase a mixed-use urban complex in Tokyo, moving it closer to a deal potentially worth 400 billion yen ($2.6 billion), Nikkei has learned.
Property
Blackstone wins first-negotiation rights for $2.6bn Tokyo deal
Seibu's sale of mixed-use Tokyo complex is part of a new corporate strategy
Seibu's Tokyo Garden Terrace Kioicho complex is located in central Tokyo near parliament. (Photo by Seibu Holdings/Kyodo)
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