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Blackstone Exclusive: Inside the $54m Goldman Hotel Acquisition

San Francisco-based investment firm Blackstone Inc. has added to its Japan hospitality portfolio by acquiring the Moxy Kyoto Nijo hotel from Goldman Sachs Group Inc. for $54 million.

Blackstone expands its presence in Japan’s thriving hotel sector with the acquisition of Moxy Kyoto Nijo. PHOTO: Nina Westervelt/WSJ

The 158-room hotel, which opened in July 2021, is located near the historic Nijo Castle in

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