Ralph Lauren Building in Omotesando to be sold for 35 billion Yen

Mitsubishi Corporation have entered into final negotiations to purchase the Espoir Omotesando building for 35 billion Yen (340 million USD). The sellers - Secured Capital Investment Management, Orix and Trinity Investment - acquired the building in 2010 for 31 billion Yen. It was one of the biggest transactions in Japan that year. Read more