Yingda Real Estate has announced the sale of its hotel, Midtown Niseko, located in Hokkaido, Japan, for $80 million. According to Ming Pao, the buyer of the property is Oaktree. This transaction marks a significant move for Yingda Real Estate as it divests from its Japanese holdings. The sale of Midtown Niseko is part of the company's broader strategy to optimize its asset portfolio. Details regarding the future plans for the hotel under its new ownership have not been disclosed.