The Development Bank of Japan has revised downwards its estimates for the annual sales of commercial establishments in JR Hakata City, the new building at JR Hakata Station due to open next spring. Their original estimate last November was 130 billion yen, but the new estimate is for 93 billion yen. The revisions were based on the most recent figures for the total sales floor area and other factors. They also revised downward their estimate of the sales revenue the building would capture from the Tenjin commercial district. The bank now expects that to total 18 billion yen, or 3.9% of aggregate sales.
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- Estimates of New Hakata Station Building Annual Sales Revised Downward
Estimates of New Hakata Station Building Annual Sales Revised Downward
- Published: Sep 16, 2010 / Last Updated: Sep 16, 2010
