Providing New Value to the Shin-Yokohama Area: Seibu Real Estate and Macnica Collaborate to Promote Integrated Urban Development for Value Enhancement and Revitalization

Frequently Asked Questions

Q: What is the main purpose of the collaboration between Seibu Real Estate and Macnica?

A: The main purpose is to promote integrated urban development for value enhancement and revitalization of the Shin-Yokohama area by creating new value and conducting experimental initiatives.

Q: Which site is Seibu Real Estate selling to Macnica as part of this collaboration?

A: Seibu Real Estate is selling the site of Shin-Yokohama Prince PePe, which is scheduled to cease operations in March 2027.

Q: What is the planned 'Community Promenade' and where will it be located?

A: The 'Community Promenade' is a planned space designed for free movement and interaction, to be located between the Shin-Yokohama Prince Hotel and Macnica's new headquarters building.

Q: What are the respective strengths that Seibu Real Estate and Macnica bring to this project?

A: Seibu Real Estate brings expertise in real estate, hotel, and leisure businesses, while Macnica contributes world-leading technologies and its experience in implementing cutting-edge technology.

Q: When is Shin-Yokohama Prince PePe scheduled to cease operations?

A: Shin-Yokohama Prince PePe is scheduled to cease operations in March 2027.