Real estate private equity fund management company Jihui Capital announced that, through its managed funds and co-investment, it has formed a joint venture platform with Patience Capital Group (PCG) to successfully acquire the iconic retail asset "Tokyu Plaza Ginza" located in Tokyo's Ginza 5-chome. Jihui Capital holds 91% of the shares in this joint venture platform, while PCG holds 9% of the shares. Luo Luolin, Managing Director of the investment department of Jihui Capital and Partner in charge of the Japan region, expressed his delight at acquiring this iconic retail asset in Tokyo's Ginza. With the ability to seize unique market opportunities through PCG and Jihui Capital's extensive experience in the commercial retail sector, the group is confident in transforming this shopping center into a premier retail destination. With the Japanese retail market continuing to improve supported by macroeconomic fundamentals, now is the ideal time for investment. Ken Chan, Founder and CEO of Patience Capital Group, mentioned that due to the resilience of the Japanese retail market demand, coupled with Jihui Capital's experience in retail and PCG's track record of collaborating with brands to create an ideal tenant mix, they look forward to leveraging the group's combined strengths to unlock the potential of this outstanding asset. Patience Capital Group (PCG) was established in 2019 and is a real estate and private equity investment management company, widely recognized as experts in the Japanese real estate sector.