SINGAPORE (June 1): Croesus Retail Asset Management, the trustee-manager of Croesus Retail Trust (CRT) announced that global fashion retailer H&M Hennes & Mauritz AB will open a new store in Mallage Shobu mall in Tokyo.

This is H&M’s first store in the market area surrounding the shopping facility that has target of attracting about over a million customers within.

The H&M store will occupy a retail space of 1,500 sqm on the ground floor of the shopping mall as an anchor tenant.

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