Also, it has maintained a high occupancy rate and rate per square metre in Yebisu Garden Place
, its flagship property, with the office lease market in Tokyo declining.
It also bought a 15 percent stake in Yebisu Garden Place
from Sapporo for joint management of the office and shopping complex in central Tokyo.
26 at Yebisu Garden Place
in Tokyo's Meguro Ward, and the winning materials will be exhibited from Feb.
The Westin Tokyo is located in the heart of Yebisu Garden Place
, boasting spacious accommodation within its 445 rooms.
The 893,000-square-foot site will be transformed into a residential and business complex called Yebisu Garden Place
. The project will house 1,020 housing units, a 40-story office tower, a 450-room hotel, restaurant, theaters, and a shopping promenade in addition to the corporate headquarters.
The suggestion included the relocation of its head office from Yebisu Garden Place
, a prime location in Tokyo.
said Tuesday that it and its subsidiary Yebisu Garden Place Co.
In the first half of 2008, 15 percent of properties jointly owned by Sapporo Holdings and Yebisu Garden Place will be sold for 50 billion yen to another special purpose company to be established by the Morgan Stanley real estate fund.
said Tuesday it and its subsidiary Yebisu Garden Place