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SC Global acquires first development in Ginza, Tokyo

/ EdgeProp |

December 11, 2017 4:06 PM SGT

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SC Global Developments announced that it has acquired a modern 12-storey prime commercial development in Ginza. The 7,785 sq ft property, named ‘GINZA 12’, is the developer’s first property acquisition in Japan.

GINZA 12 (Credit: SC Global)

SC Global says it intends to develop the property into a ‘foodie’s paradise’, and has already secured leases with two Michelin-star restaurant operators. They include Kenji Takahashi, owner-chef of ‘Yoshifuku’ in Tokyo, as well as the exclusive sushi restaurant ‘Kamakura Izumi’ which will open a new restaurant on the 8th floor. Interest in the property has been high says SC Global, with over 75% of units already leased to a variety of speciality F&B operators.

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