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. 
SHANGHAI
– March 2, 2015 –Hong Kong-based real
estate private equity firm Gaw Capital Partners was named “Firm of the Year –
China 2014” by Global PERE Awards. PERE also named the acquisition of Pacific
Century Place, Beijing “Asia Deal of the Year 2014”. Gaw Capital Partners was
“Firm of the Year, Asia” and Goodwin Gaw “Industry Figure of the Year, Asia” in
the same awards in 2013.
Global PERE Awards are highly venerated awards in the real estate
private equity industry.
Goodwin Gaw,
Managing Principal and Founder, welcomed these two awards: “We are deeply
honored and thankful for these two awards from PERE. These awards reflect our
unwavering commitment to delivering strong returns for our investors and the
trust we earned from our investors and business partners based on our track
records.”
Christina Gaw,
Managing Principal and Head of Capital Markets, said: “We are extremely
grateful for the support from selective LPs of ours who have coinvested in the
Beijing deal, contributing to the successful completion of this transaction.”
2014 was an
extremely productive year for Gaw Capital Partners, as its funds under
management made seven transactions with a total of USD 2.7 billion in combined
deal size in mainland China alone in 2014.
Gaw Capital Partners also completed the largest single-asset property
deal by foreign firm when its forth Gateway Fund bought Pacific Century Place,
Beijing, from PCCW for USD 928 million.
Gaw Capital
Partners acquired one of Beijing’s premier properties – Pacific Century Place
in April 2014. The property is well located in the popular Sanlitun area with
approximately 169,900 square-meter floor area, comprising of two towers of
offices, two towers of serviced apartments and a shopping mall. Gaw Capital
Partners is implementing active asset management currently to renovate and
reposition the property, bringing it to its full potential.