Daiwa Securities Group plans to issue approximately JPY 30 billion (approximately USD 191 million) in digital real estate securities to support its acquisition of a majority stake in the Tokyo Garden Terrace Kioicho property. This will be one of the largest single digital real estate investment products issued to retail investors in Japan. The property, located on the former site of the Akasaka Prince Hotel, has a total value of USD 2 billion, but the transaction will not include the Akasaka Prince Classic House.