Japanese beauty group enters Oz
The Japanese company operates 110 beauty hair salons in Japan and eight locations overseas including in New York, with its locations housing the latest Japanese hair products, equipment, treatments and state-of-the-art techniques.
Its first location will be on the ground floor of a heritage building in the Sydney CBD, with a 75sqm retail space on Market Street.
The property was leased off-market by Ray White Commercial South Sydney’s John Skufris on behalf of Samka Pty Limited. The tenant was represented by Tamaki Terada from Starts International.
The lease term is five years and the commencing gross rental is $100,000 per annum.
“The property offers excellent pedestrian traffic between Queen Victoria Building to Cockle Bay where many Sydneysiders have commuted this month for Vivid,” said Skufris.
Access exclusive analysis, locked news and reports with Inside Retail Weekly. Subscribe today and get our premium print publication delivered to your door every week.
Inside Retail Polls
Inside Retail Directory
US president says Amazon causing “great damage" to tax-paying retailers. https://t.co/MZ1huApP8Y3 days ago