Japan developer Hulic and peers spend $1.5bn on Tokyo office tower deal

Deal shows growing presence of domestic players in prime property market The deal for offices in the Pacific Century Place Marunouchi building in Tokyo is among Japan's largest single-building transactions. (Photo by Taizo Wada) TOKYO — A Japanese consortium that includes property developer Hulic has bought part of a skyscraper near Tokyo Station for about 230 billion yen ($1.49 billion), making it among the country's largest single-building transactions, Nikkei has learned.

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