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. 
Nicholas Toh
Managing Director – Head of Data Centre Platform, Asia (Ex-China)
Mr. Toh joined Gaw Capital in 2025 as Managing Director – Head of Data Centre Platform, Asia (Ex-China). He leads the firm’s strategy and investments in the data centre sector across Pan Asia, excluding China.
Mr. Toh has over two decades of global investment and operational experience in the data centre, finance, and real estate industries. Before joining Gaw Capital, he served as Asia General Manager at Edgnex Data Centres by DAMAC. Prior to that, he was Group Chief Executive Officer at DCI Data Centers, a Brookfield-owned platform, where he led the company’s expansion into Asia and secured hyperscale customer commitments for new developments. Earlier in his career, he was a founding member of both ST Telemedia Global Data Centres (STT GDC) and Securus Data Property Fund (now Keppel DC REIT), playing a pivotal role in building and scaling these platforms into major regional and global players.
Throughout his career, Mr. Toh has demonstrated deep sector knowledge and strong leadership in establishing and growing data centre businesses. He has extensive experience in capital raising, investment, strategic planning, and executing complex cross-border joint ventures across key markets including Singapore, South Korea, Japan, the Philippines, Indonesia, India, and the UK. He has also built strong relationships with strategic hyperscale customers and led high-impact transactions across the region.
Mr. Toh holds a Graduate Diploma in Applied Finance and Investment from the Financial Services Institute of Australasia, and a dual Bachelor’s degree in Business Management and Economics from the University of Queensland in Australia.
