LVMH invests 600 million euros in Ginza, Tokyo
World’s largest luxury group LVMH has partnered with Japanese Group Mori to invest over 600 million euros in a major real estate project in Tokyo’s Ginza district. The project expands over 147,600 sqm and will be structured on 13 floors. The new complex led by LVMH will include luxury retail and offices, marking a series of similar investments expected in Tokyo ahead of the 2020 Olympics. Speaking about the project, LVMH board member Yves Carcelle said ”LVMH has acquired a share of the building. This is a clear financial commitment”.