Tokyu Corporation, L Catterton Real Estate, and Tokyu Department Store Agree to Strategic Partnership Regarding the Development Project in Dogenzaka 2-Chome 24, Shibuya, Japan in Shibuya, Japan
Tokyu Corporation, a conglomerate that is the main part of Tokyu Group,
L Catterton Real Estate ( LCRE ), the real estate investment and development arm of
L Catterton, the largest global consumer-focused private equity firm, and Tokyu Department Store Co., Ltd. today announced a strategic partnership regarding the development project in Dogenzaka 2-Chome 24, Shibuya, Japan the current site of Tokyu Department Store s flagship store (the Project ), located at the intersection of Shibuya s commercial district and Shoto s residential neighborhood. The three companies will start the space programming and master planning study in order to promote the Project.