Everything about Landscope Christie's International Real Estate and the Hong Kong luxury property market
Ginza, Omotesando and Shibuya will be spotlighted in Landscope Christie's upcoming 5th Tokyo Property Exhibition as prime retail real estate investment destinations.
While Omotesando and Shibuya are two of Japan's most famous retail districts, Ginza is unrivalled as the nation's shopping destination, especially for luxury goods.
Ginza, in particular, has witnessed unprecedented attention from tourist shoppers in recent years.
While a reverse towards a stronger yen has affected growth of luxury sales, sales growth for Q1 2016 for the well-known luxury brands in Japan was still at 10% and Ginza, Omotesando and Shibuya are significant beneficiaries of this growth.
A government decision to delay until a 2019 a sales-tax increase is welcome news for shoppers and support for sustained sales growth in Japan.
Landscope Christie's will be offering investment properties at the exhibition that take advantage of the flourishing retail real estate market in these areas, including ground floor retail shops ranging from JPY125 million (approximately HKD9 million) to JPY1 billion (approximately HKD 70 million).
Representatives of our Japanese partner, Mitsui Fudosan Realty, will be present at the exhibition to offer local and insightful knowledge into the opportunities available in these three prime Tokyo real estate markets.
The time and venue of the exhibition and seminar are as follows:
11am - 7pm (12noon & 3pm for seminars), Thur 16th & Fri 17th, June 2016
The Key Gallery,
6/F, Sino Plaza, 255-257 Gloucester Road,
Causeway Bay, Hong Kong (Causeway Bay MTR Station Exit C)