Fortress Investment Group Obtains Preferred Negotiation Rights for the Revitalization of Awaji Yumebutai
TOKYO–(BUSINESS WIRE)–Fortress Investment Group announced today the receipt of preferred negotiation rights from Hyogo Prefecture for the revitalization of Awaji Yumebutai, located in Awaji City, Hyogo Prefecture. Funds managed by affiliates of Fortress Investment Group (“Fortress”) intend to invest in the property with the aim of transforming Awaji Yumebutai into a “destination resort catering to a broad range of guests.” Planned initiatives include rebranding the property under the “Seagaia