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Patience Capital Group (PCG) announced on January 29th further details regarding the construction of two hotels - including a five-star luxury operation - on the Myoko Suginohara Ski Resort parking lot as part of their overall larger Myoko Kogen redevelopment project.  Myoko Suginohara Ski Resort parking lot, courtesy of the Niigata Nippo.  Patience Realty is a proud PCG group company.   The total development, expected to cost ¥200 billion , will also include a supermarket fe

On January 6th, the Nikkei Shimbun reported that Singapore-based investment fund Patience Capital Group (PCG) is spearheading a high-profile resort development in Niigata’s Myoko region, with the first phase slated for completion in 2028.   The project will include two luxury hotels, one of which will be a five-star property, alongside 30 to 40 retail outlets featuring apparel and dining options.  Patience Realty is a proud group company of Patience Captial Group.  PCG CEO Ke

On November 15th, Patience Capital Group (PCG) CEO Ken Chan revealed limited details on plans to commence construction on a large-scale resort development in the Myoko Kogen area of Niigata Prefecture by summer 2026.   Patience Capital Group (PCG) founder and CEO Ken Chan, courtesy of Niigata Nippo.   The initial phase, targeting completion by the end of 2028, will involve an estimated investment of approximately ¥70 billion.   Related Content: Myoko? Hakuba? Nozawa? Karuizaw

On June 27th, Patience Capital Group (PCG) announced the acquisition of the Nagano Keikyu Country Club golf course in Nagano City from...

In late April, Patience Capital Group released the 2024 version of PCG Insights – An eye on Japan which outlines the firm’s 2024 view of...

On April 26th, Seibu HD announced the appointment of architect Shigeru Ban and Ken Chan, CEO of the PCG as an executive advisor

Bloomberg reported on November 7th that Seibu Holdings has announced the sale of Myoko Suginohara Ski Resort , located in Myoko City, Niigata Prefecture, to the real estate investment fund Patience Capital Group (PCG) earlier this month. Key Takeaways: PCG to invest over 200 billion yen, enabling large-scale resort plans and integrated development in the surrounding area. Seibu Holdings accelerated asset sales as part of its business restructuring, having sold properties like

On October 12th, Patience Capital Group (PCG) released the transcript of an AMA on Japan Real Estate held by CEO / CIO and Founder Ken...

On October 11th, Bloomberg Japan reported on Patience Capital Group (PCG) founder Ken Chan. Patience Capital Group is part owner of Patience Realty. The following is a translation of the article. Key Takeaways: Ken Chan, former head of Singapore's GIC in Japan, plans a $1.4 billion investment to transform Niigata's Myoko Plateau into a high-end ski resort. PCG, Chan's real estate investment fund, is acquiring land and aims to build luxury hotels and employee housing by 2026