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RE-04 Hulic Jingu-Mae Building

Address 5-17-9 Jingumae, Shibuya-ku, Tokyo
Walking Distance from Nearest Station Seven minutes from Meiji Jingumae Station, Tokyo Metro Chiyoda Line
Total Floor Space 1,931.78㎡
Construction RC/S
Completed September 2000
Acquisition Date February 7, 2014
Note 1: The column for total floor space indicates the figure for the entire building as shown in the property registry. This applies also where the holding consists of part of a building under compartmentalized ownership or with a co-ownership interest.
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Characteristics of the Location

The thoroughfare nicknamed Cat Street, where this property is located, contains a range of businesses. These include Japanese fashion brands, multi-brand boutiques, stores selling sports and outdoor brands, street-front stores selling secondhand and vintage clothing and other goods, stores offering newly imported brands, and concept shops. The street attracts numerous visitors, including those from overseas, which reflects its increased power to draw customers.

A look at the distribution of wedding planners and related businesses in the Tokyo metropolitan area shows that the largest concentration of wedding ceremony venues is in the Omotesando/Aoyama/Shibuya district, where this property is located. Competition for the wedding market is keen within the Omotesando district, but as this location benefits from a positive image it is expected to enjoy greater popularity than other locations.

Property Characteristics

The property is a multi-purpose facility located south of Omotesando on Cat Street, a thoroughfare whose numerous streetfront fashion stores are a powerful draw for customers. The first and second floors are devoted to retail stores, the third and fourth floors to housing, and the fifth to seventh floors to wedding-related facilities. As the first and second floors are connected by an external staircase, they can be leased independently. The stores on the fifth to seventh floors are accessed from the east side by a staircase from street level and then a dedicated elevator, giving these floors a strong purpose-specific orientation.

The property’s fashion tenants include two store types run by one of Japan’s largest multibrand boutiques, while the wedding-related industry is represented by a business specializing in “house weddings.”

The property enjoys a long frontage on Cat Street, which gives it an advantage of location.

Press Releases

February 7, 2014
Notice concerning Completion of Asset Acquisition PDF(PDF:437KB)


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