Seibu Real Estate has announced that operations at the commercial facility “Shin-Yokohama Prince Pepe” in Japan will end in March 2027.
Shin-Yokohama Prince Pepe opened for business on March 20, 1992. Directly connected to the Shin-Yokohama Prince Hotel, it houses 63 stores, including fashion brands, a supermarket, lifestyle goods, casual clothing, and bookstores. The facility is owned by Seibu Real Estate and operated by Seibu Real Estate Property Management.
Regarding future use of the site, adjustments are underway based on the Seibu Group’s medium-term management plan, with the aim of maximizing the value of its owned assets.
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