EDITORS' PICK
LVMH acquires flagship Abercrombie & Fitch store in Ginza
Osaka Fudosan of Chiyoda-ku, which is believed to be part of the French LVMH group, acquired the Abercrombie & Fitch Ginza Store in Ginza, Chuo-ku.
Chiyoda-ku-based Open House Development sold two rental apartment properties in Tokyo. The buyer was OPR Kamiosaki GK, which is believed to be a special purpose company of South Korean Daishin Securities group.
Osaka Fudosan of Chiyoda-ku, which is believed to be part of the French LVMH group, acquired the Abercrombie & Fitch Ginza Store in Ginza, Chuo-ku.
Topics
Investors factoring in "2% long-term interest rate," opinions split on effects of cap rate
At the end of July 2024, the Bank of Japan decided to raise its policy interest rate, sending shockwaves through the foreign exchange and stock markets. While the current real estate investment market remains largely stable, concerns about the future impact have emerged. Between July and August, a number of real estate service companies published reports mentioning rising interest rates.