MGPA has paid $52 million for an office building located in the Chiyoda ward of Tokyo near to the Kudanshita subway station. It has a floor space of 7,500 square metres over nine floors. MGPA plans to add value and boost rentals by refurbishing the building.
MGPA has also bought a 30-floor residential tower in Sapporo next door to the local GovernorÆs residence, comprising of 140 apartments covering a rentable area of 11,600 square metres.
Concurrently, MGPA has unveiled a new product branding by which the Sapporo residential tower will be labelled. Their new brand is called æMy atriaö. Macquarie...
¬ Haymarket Media Limited. All rights reserved.
