Hong Kong, March 3, 2020 – Gaw Capital Partners is delighted to announce that it has won three awards at the PERE Awards 2019. The firm was named ‘Retail Investor of the Year, Asia’, ‘Office Investor of the Year, Asia’ and ‘Residential Investor of the Year, Asia’ after receiving the largest number of votes in a public ballot of the real estate industry.
The firm won in the ‘Retail Investor of the Year, Asia’ category for its US$1.5 billion acquisition of 12 Hong Kong shopping malls from Link REIT in March 2019. Along with the 17 shopping centers it acquired from Link REIT in 2018 through its fund under management, Gaw Capital has started work on revitalizing the malls into hubs of community life with the aim of boosting retail sales and serving local areas. ‘People’s Place – Kai Yip Recreation Centre’, a revitalized recreation and open space in Kowloon Bay’s Kai Yip Estate, is an early example of the rejuvenation that has been taking place at the acquired shopping malls.

Lai Kok after revitalization
The ‘Office Investor of the Year, Asia’ was awarded for the firm’s acquisition of Cityplaza Three and Four in Hong Kong for US$1.9 billion, as well as its US$1.2 billion joint acquisition of DUO Tower and Galleria in Singapore with Allianz Real Estate. The acquisition of Cityplaza Three and Four taps into Hong Kong’s increasing ‘decentralization’ trend, which is seeing tenants move away from traditional business areas into more cost-effective and spacious Grade-A offices in other districts. The firm’s new stake in DUO meanwhile represents a landmark investment for Gaw Capital in Singapore for an iconic asset. Leveraging their strong locations, Gaw Capital is repositioning the buildings into attractive office spaces that appeal to new tenants.

CityPlaza 3&4

DUO Tower and Galleria
The firm received the ‘Residential Investor of the Year, Asia’ accolade for investing in Funlive, a long-term rental apartment investment platform created by China SCE Group Holdings. The joint venture, which has received initial funding of US$800 million, aims to acquire, develop and operate multi-family residential projects in China’s core cities, which will enjoy strong demand in the coming years.

Funlive
Mr. Kenneth Gaw, President and Managing Principal of Gaw Capital Partners, said, “We are honored to have been recognized for our work across real estate sectors in Asia Pacific over the past year. Following explosive growth over the past decade, Asia’s real estate market is entering a new phase where value added transactions are coming much more to the fore.”
He added, “Leveraging our real estate platforms and expertise, Gaw Capital will reposition and breathe new life into the properties it has acquired over the past year to meet the needs of tenants while delivering value for its investors. Meanwhile, the region’s rapid urbanization and embrace of technology are creating new investment opportunities that the firm will tap into in the coming year.”
The Global PERE Awards recognize significant highlights in the global real estate industry and is highly respected across the global real estate private equity industry.


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。 
