Gaw Capital has formed a joint venture with Singapore’s Patience Capital Group to purchase and manage Tokyu Plaza Ginza.

Tokyu Plaza Ginza is one of the largest retail facilities in the Ginza district and has a couple of subway stations nearby.

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 rarest retail facilities in Ginza,

Real estate private equity firm Gaw Capital and Singapore-based investor Patience Capital Group have completed the acquisition of Tokyu Plaza Ginza, a prime mall in central Tokyo, in a deal worth more than $1 billion,