Gaw Capital Partners has partnered with Patience Capital Group (PCG) to acquire Tokyu Plaza Ginza in Japan, a prime retail asset in Tokyo's Ginza 5-chome district.
Gaw Capital holds 91 percent of the joint venture, with PCG owning 9 percent.
Completed in 2016, the property totals 539,197 square feet and is located near Ginza and Yurakucho Stations.
Completed in 2016, Tokyu Plaza Ginza has a gross floor area of 539,197 square feet. It has direct access to Ginza Station and is a short walk from JR Yurakucho Station. The mall is surrounded by flagship stores of luxury brands, renowned department stores and upscale hotels in the heart of one of Tokyo's most prestigious shopping districts. The asset is one of the largest and most distinctive retail facilities in Ginza, occupying a High Street footprint of more than 40,529 square feet and spanning an entire block with four-sided frontage. Its unparalleled location offers exceptional accessibility and prestige.