Research
May 19, 2015
Tokyo's Ginza district at night
By Joe McCarthy
Luxury retailers are looking to expand in the Americas and Asia Pacific, according to a new report by commercial real estate firm CBRE.
{"ct":"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","iv":"96d20112de3364628aa248c7795f98f5","s":"28dddb38d86e2504"}
Share your thoughts. Click here