November 6, 2025, Hong Kong – Gaw Capital Partners has secured the third position in the PERE’s 2025 Proptech 20 among global fund managers, having raised US$971 million over the past five years.
The Proptech 20 ranking, compiled annually by PERE, evaluates firms based on the amount of private direct investment capital raised between January 1, 2020, and December 31, 2024. According to PERE, the top 20 firms collectively raised US$9.91 billion during this period, representing a 23% decline from last year’s total of US$12.93 billion. This decrease is primarily due to the exclusion of funds closed in 2019 and the limited number of new funds closed last year. Despite this, fund managers remain optimistic, citing growing demand for AI and a revived IPO market as key drivers of future investment.
Gaw Capital’s top three placement underscores its dedication to innovation and excellence in the real estate investment. The firm has shown impressive resilience and strategic foresight in navigating the dynamic proptech landscape.
As a multi-award-winning fund manager, Gaw Capital continues to lead in identifying and capitalizing on emerging trends in the proptech sector. With solid technical expertise, sharp market insight and forward-thinking strategy, the firm remains committed to driving innovation and achieving positive outcomes for both society and its investors.
– END –



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. 
