TOKYO -- Japanese property developer Mitsubishi Estate has won negotiating rights to buy land from the British Embassy in Tokyo, potentially as part of plans to build luxury condominiums.
Luxury condos among plans for redevelopment project near Imperial Palace

The British Embassy in Tokyo sits on the site of a former estate of a daimyo, or feudal lord. (Photo courtesy of British Embassy in Japan)
TOKYO -- Japanese property developer Mitsubishi Estate has won negotiating rights to buy land from the British Embassy in Tokyo, potentially as part of plans to build luxury condominiums.