Gaw Capital Partners, through its funds under management, and its consortium partners, acquired 29 Hong Kong-based community shopping centers and associated facilities in March 2018 and March 2019.
Gaw Capital Partners officially started to operate over 29 assets and facilities near the public estates and established “People’s Place”. “People” stands for the public and the residents, whereas “Place” here is an allusion to the idiomatic Chinese term for a location of virtue and tradition, as well as a well-governed community; “Place” also connotes the solidarity of the local neighborhood. All in all, “People’s Place” stands for a place rich in sentiments and compassion, bringing strangers together in constructing a vibrant, cozy living environment. People’s Place aspires to transform obsolete commercial facilities into vibrant community hubs by creatively utilizing its space and bringing brand new experiences to residents, tenants and community stakeholders.
In partnership with experienced educators in China, Gaw Capital has invested in the development and operations of Stellart International School of Arts (SISA), an international arts education platform in China. The platform is initially seeded by a commercial site conveniently located in Sanshan New Town in Nanhai, Foshan, which has excellent connectivity nationally via the Guangzhou South Station. The site has a GFA of c.50,000 sqm in total. Operating under the SISA brand and developed by Gaw Capital Partners, the school houses up to 600 full-time high school students in its 6-storey tall academic block and 7-floor dormitory. 
October 26, 2020, Shanghai – Gaw Capital Partners was ranked third in the PERE 50 list in APAC region and has been listed in the top 50 PERE fund managers for the sixth consecutive year. As announced by PERE, Gaw Capital Partners has raised equity of US$6.9 billion and commands assets of over US$ 24.3 billion in APAC region over past five years.
Kenneth Gaw, Managing Principal and President for Gaw Capital Partners, commented, “We are delighted that Gaw Capital is ranked among the top fund managers in the PERE 50 list. With ample opportunities in the Asia Pacific Region, we have been leveraging our strong expertise and experience in real estate investment to identify investment opportunities in high barrier-to-entry markets across the globe and have built a strong portfolio of investments across different regions and asset classes.”
Christina Gaw, Managing Principal and Head of Capital Markets for Gaw Capital Partners, said, “We are delighted to receive this recognition. Gaw Capital has held on to third spot for the second year, which is a reflection of our investors ongoing support, enabling us to succeed in fund raising, fund management and complete our creative value-add to our portfolios. With a solid platform and dedicated team, we will continue to deliver excellent services and maximize returns for our investors. I would like to express our sincere appreciation to our investors, our professional teams and PERE magazine.”
Humbert Pang, Managing Principal and Head of China for Gaw Capital Partners, said: “Despite the pandemic this year, Gaw Capital continues to invest significantly in the Chinese market for its robust economic activities backed by an enhanced telecommunications network, new infrastructure and new technological development supported by the Chinese government. Recently, Gaw Capital announced investment in hyper-scale IDC project and formed a JV partnership with Manbang Group to further explore the data-based modern logistics field.”
PERE Magazine is one of the most authoritative publications in the private equity real estate industry. PERE 50 ranks 50 leading private equity real estate fund managers active across the Asia-Pacific region and lists fund managers by the total amount of capital raised by private real estate investment vehicles within past five years. According to the ranking this year, the amount raised by the private equity real estate firms totaled a record of US$85.7 billion, increasing 13.5% compared to 2018.
