China $3 Billion Retail Conglomerate Shanghai Yuyuan Tourist Mart Group to Sell Shanghai Office Building for $206 Million to Huirong Oriental Technology Development, To Sell Japan Hokkaido Tomamu Ski Resort for $237 Million, Holding via Shinsetsu Which Owns Tomamu Property & Resorts Tomamu with 3 Hotels & 29 Ski Slopes

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China $3 Billion Retail Conglomerate Shanghai Yuyuan Tourist Mart Group to Sell Shanghai Office Building for $206 Million to Huirong Oriental Technology Development, To Sell Japan Hokkaido Tomamu Ski Resort for $237 Million, Holding via Shinsetsu Which Owns Tomamu Property & Resorts Tomamu with 3 Hotels & 29 Ski Slopes

5th July 2024 | Hong Kong

China retail & fashion conglomerate Shanghai Yuyuan Tourist Mart Group (5/7/24: $3 billion market value) has announced to sell a Shanghai office building for $206 million to Huirong Oriental Technology Development.  In late June 2024, Shanghai Yuyuan Tourist Mart Group had announced plan to sell Japan Hokkaido Tomamu Ski Resort for $237 million, with the resort holding via Shinsetsu which owns Tomamu Property & Resorts Tomamu (Main assets are 3 hotels & 29 ski slopes). 

“ China $3 Billion Retail Conglomerate Shanghai Yuyuan Tourist Mart Group to Sell Shanghai Office Building for $206 Million to Huirong Oriental Technology Development, To Sell Japan Hokkaido Tomamu Ski Resort for $237 Million, Holding via Shinsetsu Which Owns Tomamu Property & Resorts Tomamu with 3 Hotels & 29 Ski Slopes “

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China $2.7 Billion Retail Conglomerate Shanghai Yuyuan Tourist Mart Group to Sell Japan Hokkaido Tomamu Ski Resort for $237 Million, Holding via Shinsetsu Which Owns Tomamu Property & Resorts Tomamu with 3 Hotels & 29 Ski Slopes

27th June 2024 – China retail & fashion conglomerate Shanghai Yuyuan Tourist Mart Group (27/6/24: $2.7 billion market value) is selling Japan Hokkaido Tomamu Ski Resort for $237 million, with the resort holding via Shinsetsu which owns Tomamu Property & Resorts Tomamu (Main assets are 3 hotels & 29 ski slopes).

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