Gaw Capital Partnersは運用中のファンドを通して、コンソーシアムのパートナーと共に、2018年3月と2019年3月に、29件の香港ベースのコミュニティーショッピングセンターと関連施設を取得しました。Gaw Capital Partnersは、公共不動産付近の29件以上の資産と施設の運営を正式に開始し、「民坊（People's Place）」を構築しました。「民（People）」は一般人と住居を表しており、「坊（Place）」は巧みに管理されたコミュニティーのみならず、美徳と伝統がある場所に対するイディオム的な中国の表現を意味しています。また、「坊」は、現地の近隣の団結も暗示しています。「民坊（People's Place）」は活気に溢れ、居心地の良い生活環境で見知らぬ者を団結させ、気持ちや思いやりが豊かな場所を表しています。「民坊（People's Place）」は、空間を時代遅れの商用施設をクリエイティブで活気あるコミュニティーハブに転換させることを目指しています。
中国で経験豊かな教育者と提携し、Gaw Capitalは中国での国際的な芸術教育プラットフォームであるStellart International School of Arts （SISA ）の開発と運営に投資してきました。このプラットフォームは、広州南駅から国内的に優れた接続性を有する仏山の南海にある三山ニュータウンにある便利な商業用地で誕生しました。敷地は約50,000m²の総床面積を有しています。SISAブランドで運営され、Gaw Capital Partnersにより開発されたこのスクールは6階建ての校舎と7階建ての寮に最大600人の高校生を収容します。 
Gaw Capital Partners announced that a fund under its management has invested in Harbour Apartments, a network of co-living spaces for young tenants in China’s first-tier cities.
The platform, founded in 2015, has invested in 40 compounds in 7 first-tier and prospective first-tier cities in China (Shanghai, Beijing, Shenzhen, Guangzhou, Hangzhou, Nanjing and Hong Kong), and seeks to fulfil an increasing demand for quality and affordable rental housing within China’s first-tier cities among fresh graduates and young white collar millennials. The platform has a target to open and manage 80,000 units by 2019.
The apartment units, which can be rented from RMB 3,000 to RMB 20,000 a month, come fully furnished in different sizes and layouts with trendy designs, often in city centers, and are surrounded by spacious common areas that cater to young tenants’ increasing demand for spaces to socialize. Harbour Apartments also makes use of online and offline events and apps to promote a sense of community among tenants.
This latest investment follows efforts by the Chinese government to boost the supply of rental housing and issue cooling measures as long-term solutions to resolve the overheating real estate market, which has been characterized by surging rents and a shortage of public rental housing.
Anticipating the direction of the government’s new policies to increase supply for rented accommodation, Gaw Capital sought suitable opportunities to invest in this area.
The deal marks Gaw Capital’s second private equity type of investment in China following its first investment in nakedHub, one of the leading co-working space operators in greater China and Asia Pacific.
Humbert Pang, Managing Principal and Head of China for Gaw Capital Partners, said, “China’s robust new economy has created unique opportunities for us. Millennials and the middle-class in China tend to be tech savvy, more sociable and are looking for a sense of belonging and adventure in big cities, which has made co-living spaces an ideal form of accommodation in the era of the ‘sharing’ economy. In addition to the traditional brick-and-mortar real estate investments, Gaw Capital is also embracing new opportunities in this new economic environment by not only providing capital, but also our in-depth expertise in management and global outreach to help tomorrow’s entrepreneurs to grow and thrive.”