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STOCKS | TPG Eyes Tokyo Hotel Sale to Japan Hotel REIT for $860 Million

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2026-07-22 07:33:56
TPG Angelo Gordon Inc. plans to sell a Tokyo hotel property to Japan Hotel REIT Investment Co. for $860 million as tourism boosts valuations, people familiar with the matter said, according to Bloomberg.

The proposed transaction would give Japan Hotel REIT a Tokyo asset while TPG seeks to capitalize on stronger pricing in the market.
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