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. 
April 14, 2021, Hong Kong – Gaw Capital Partners is ranked fifth in the PERE’s first global dedicated property technology fundraising ranking, the Proptech 20, which lists the top 20 managers raising funds dedicated to property technology investments globally since 2016. Gaw Capital Partners launched Gaw Equity Growth Fund 1 in 2020 with a target size of US$400 million and closed its first fundraising round with US$200 million.
“We believe that this is the optimal time to invest in technologies relating to the usage of space, which is lagging behind other industries. The adoption of technology is urgently required to improve work efficiency and enhance the user experience, while at the same time, creating value and maintaining market competitiveness for space owners,” Humbert Pang, Managing Principal and Head of China for Gaw Capital Partners, said.
One of the key milestones in Gaw Capital Partners’ proptech investments was its investment in Beike, the leading integrated online and offline housing transaction and service platform in China, which received investment from Gaw Capital Partners in a Series D financing round. The firm successfully listed on the New York Stock Exchange in August 2020.
The Proptech 20 ranking is based on the amount of proptech direct investment capital raised by firms between January 1, 2016 until March 1, 2021. Where two firms have raised the same amount of capital over this period, the higher ranking goes to the firm with the largest currently active pool of capital raised since 2016. If there is still a ‘tie’ after taking into account the size of a single fund, PERE gives greater weight to the firm that has raised the most capital within the past year.
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