Shibuya Scramble Square Opening

Yuko Okayasu • 07/11/2019

Cushman & Wakefield, a leading global real estate services firm, is pleased to announce that it has successfully placed several luxury retail brands into the main commercial floor of Shibuya Scramble Square. The 47-floor facility, directly linked to Shibuya Station is owned by Tokyu, JR East, and Tokyo Metro.

Opened on 1 November 2019, Shibuya Scramble Square is a large mixed-use facility and a new iconic landmark representing the bustling Shibuya district. Its concept is to deliver the hottest season’s trends to people who like to enjoy their time in au courant Shibuya.

Cushman & Wakefield utilized its global network and knowledge of the luxury retail sector around the world to introduce luxury fashion brands that embody the facility’s concept. Its retail and leasing experts placed new concept stores of multiple luxury brands geared towards millennials on the third and fourth floors of the facility, which is the standard main commerce space.

Isao Suga, Head of Retail Services at Cushman & Wakefield, stated:
“In order to realize the full potential of this project that leverages the commercial strength of Shibuya Station, which attracts 3 million people a day, our team has been responsible for leasing the whole floor dedicated for luxury fashion brands for millennials. We are proud to be able to add value to this iconic facility and to put together a tenant mix that reflects the latest shopping and lifestyle trends”.

Related Insights

Key Economic Indicators Q2 2020
Insights • Investment

Key Economic Indicators report

The GDP growth rate has recorded a negative growth for the second consecutive term, and now is considered to be a technical recession. Due to the prevention of the spread of new coronavirus infections, movements of people and things have been significantly slow around the world, and the macro environment worsened y-o-y, though the numbers still show better results than widely expected. 
Erika Watanabe • 01/06/2020
Fund Review Article April 2020
Insights • Investment

Fund Review

This Insight is available only in the Japanese language.
Hideaki Suzuki • 07/04/2020
Global Data Center Market Comparison
Article • Data Center

Global Data Center Market Comparison

Data Centers, once an afterthought for global enterprises, are now a cornerstone of the information economy, and $100 billion has poured into the asset class over the past decade, according to Cushman & Wakefield’s Global Data Center Market Comparison.

Dave Fanning • 17/01/2020