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Blackstone wins first-negotiation rights for $2.6bn Tokyo deal


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.

Tokyo Garden Terrace Kioicho is owned by Seibu Holdings and opened in July 2016. The complex has offices and residences with a luxury hotel on its upper floors, and is located in the city center near parliament.



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