April 10, 2017, Tokyo – Real estate private equity firm Gaw Capital Partners today announced that it has purchased Minatomirai Center Building, a Class A office building in Yokohama, Japan through one of the funds under its management.
Located in the center of Minato Mirai, Yokohama’s central business
district, the 21-storey 95,000 sqm Class A office building is located on a
10,000 sqm site and was completed in 2010. It has direct access to Minato Mirai
subway station which connects to both Tokyo and Haneda International Airport
within 30 minutes and is two minutes by car from the Metropolitan Expressway. The
property’s current major tenants include Fuji Xerox Co. Ltd. and Lenovo Japan R&D
Center.
Kenneth Gaw, Managing Principal and President of Gaw Capital Partners,
commented, “As the second largest city in Japan with a thriving domestic and
international business community, Yokohama has the growth potential to evolve
into one of the country’s most important business hubs. With this growth comes
high demand for prime office space which the Minatomirai Center Building
provides together with convenient transport links to Tokyo.”
Yokohama is home to the global headquarters of large corporations including
Nissan Motor, Chiyoda Corporation and Mitsubishi Heavy Industries, as well as the
R&D centers of technology companies such as Apple, Fuji Xerox and Lenovo.
“Looking at Japan’s real estate market overall, we are optimistic for its
future growth and we look forward to exploring further opportunities across
various property sectors in this country,” Gaw added.
The transaction is the fourth real estate acquisition in Japan led by Gaw
Capital Partners and marks a significant move towards increasing the firm’s
presence in the country. Additional properties in Japan under Gaw Capital
Partners’ portfolio and its track record include Hyatt Regency Osaka, Aoyama
Building in Tokyo and a retail flagship property in Omotesando, Tokyo.


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. 
