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Mitsubishi secures development site in Nihombashi-Honcho
DEALS

Mitsubishi secures development site in Nihombashi-Honcho

Mitsubishi Estate Residence acquired an office and retail property in Nihombashi-Honcho, Chuo-ku.

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First-Corporation acquires former Goldwin HQ building in Shibuya
DEALS

First-Corporation acquires former Goldwin HQ building in Shibuya

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Nippon Hotel & Residential acquires hotels and residential properties
DEALS

Nippon Hotel & Residential acquires hotels and residential properties

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Koto-ku data center acquired for Y12bn by three companies
DEALS

Koto-ku data center acquired for Y12bn by three companies

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Meiji University to revitalize closed Hilltop Hotel
DEALS

Meiji University to revitalize closed Hilltop Hotel

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Tokyo Gas Real Estate to construct apartment in Ikebukuro
PROJECTS

Tokyo Gas Real Estate to construct apartment in Ikebukuro

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MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: NOVEMBER 2024

Area in Focus: Ginza

Bulk of Buildings Sold

Revitalizing stagnant hotel developments

In the Ginza area, a group of Marugen buildings in 6-chome to 8-chome, which had long been underutilized, were sold one after another, drawing attention to how they will be used in the future. As can be seen from the transaction of Abercrombie & Fitch Ginza Store, for an estimated price of over 40 billion yen [$260 million] along Chuo-dori Street, prices are rising. Due to the expansion of inbound tourism, hotel developments which had been stagnant until now have also started to be seen.

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DATA

Transaction Data

73 Transactions Data - Up to May, 2009

103 Transactions Data - Up to April, 2009

74 Transactions Data - Up to March, 2009

81 Transactions Data - Up to February, 2009

3360 Transactions Data - Up to January, 2009 ( CSV only )