GIC to sell baseball stadium in Japan


Yahoo! Singapore Finance, 25 Mar 2012
March 24 (Reuters) - Softbank Corp will buy the Fukuoka Yahoo Japan Dome, the home of the Softbank Hawks, for 87 billion yen ($1.06 billion) in a major investment in its baseball team, the Nikkei daily reported.
Slated for this month, the purchase will eliminate about 5 billion yen in annual usage fees to the stadium's current owner, Government of Singapore Investment Corp, helping Softbank spend more on fan services and player acquisitions, the Japanese daily said. Full story

Related:
Softbank to buy baseball stadium in Japan-Nikkei - Yahoo! Singapore Finance
Softbank to Buy Fukuoka Baseball Stadium for 87 Billion Yen - Bloomberg