GIC Real Estate, the Singapore Government's investment arm has bought the Westin Tokyo hotel from a fund managed by Morgan Stanley and Starwood Capital Group.
GIC Real Estate has reportedly bought the $741 million for the five star property.
The 438-room hotel is located in the heart of
Starwood Capital and Morgan Stanley bought the hotel in 2004 for around $450 million, from Sapporo Holdings.
Australian Property Journal
