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.
Tokyo Tatemono will construct a building with office and retail spaces in Hatchobori, Chuo-ku. Plans call for the structure to have eight floors above ground with 2,700 m2 of gross floor area. Construction will start in January 2025,
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.