Mori Trust's Miwako Date Looks To Hotels For New Growth [Forbes]
SL Green Realty Corp (SLG)
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Source: Forbes
The Japanese property developer is expanding its portfolio of luxury accommodations to be a third mainstay business alongside office leasing and property sales. By James Simms , Contributor A s other hotel owners fought for survival, Miwako Date, president and CEO of Tokyo based-Mori Trust, was planning for the future. “While Covid-19 brought tourism to its knees, you could already project inbound tourists returning after a surge of domestic travelers,” she recently said in a local media interview. Today, the privately held property developer, responsible for introducing global high-end brands such as Hilton's Conrad Hotels and Resorts and the Marriott to Japan, is doubling down on the sector. As other hotel owners fought for survival, Miwako Date, president and CEO of Tokyo based-Mori Trust Holdings, was planning for the future. Although Covid-19 halted tourism worldwide, she is said to have predicted (rightly) that pent up demand would result in a surge in domestic travel
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News
- SL Green Realty Corp. (NYSE: SLG) had its price target raised by analysts at Jefferies Financial Group Inc. from $70.00 to $72.00. They now have a "hold" rating on the stock.MarketBeat
- SL Green Realty Corp. Announces Pricing of 5,063,291 Shares of Common StockGlobeNewswire
- SL Green Realty Corp. Announces Proposed Offering of Common StockGlobeNewswire
- SL Green and Mori Building Co., Ltd. Complete Investment in One Vanderbilt Avenue [Yahoo! Finance]Yahoo! Finance
- SL Green and Mori Building Co., Ltd. Complete Investment in One Vanderbilt AvenueGlobeNewswire
SLG
Earnings
- 10/16/24 - Miss
SLG
Sec Filings
- 11/21/24 - Form 424B2
- 11/21/24 - Form S-3ASR
- 10/25/24 - Form 4
- SLG's page on the SEC website