Hulic announced on January 27 that they have acquired the Recruit Ginza 7 Building from Recruit. The retail and commercial building is located at the Ginza Nishi 6 Chome crossing. The building has 9 stories and 5 basement floors and was completed in 1962. The land is 1500 sqm and the total building area is 19,790 sqm.
Recruit purchased the building in 1984 from the Nippon Light Metal Company.
Hulic purchased the building because the site has good potential for redevelopment in the future. The building has been renamed to the Hulic Ginza 7 Chome Building.
Source: The Ginza Keizai Shimbun, January 30, 2012.