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. 
Hong Kong,
October 24, 2016
–The
InterContinental Hong Kong was named the winner of the Single Asset Transaction
of the Year Award by the Hotel Investment Conference Asia Pacific (HICAP),
October 19-21 in Hong Kong. HICAP is Asia’s largest and longest running hotel
investment event.
According to the announcement from HICAP: “In September 2015, the iconic
InterContinental Hong Kong was acquired by Supreme Key Limited (a consortium of
investors managed by Gaw Capital) from InterContinental Hotels Group (IHG) for
USD938 million. The transaction represented the largest single hotel
transaction ever in Asia Pacific and the second largest globally. The sale was
the most significant trophy hotel to have transacted in the Hong Kong market in
over a decade.” It was Gaw Capital Partners’ first separate account investment
in Asia. Since acquiring the iconic property one year ago, Gaw Capital team
has been readying the renovation, which will “kick-off” toward the end of 2017
or in early 2018.
Goodwin Gaw, Chairman and Managing Principal of Gaw Capital Partners,
said “We are delighted that the InterContinental Hong Kong, a transaction led
by Gaw Capital, received this prestigious award from HICAP. Since the
acquisition, we have creatively leveraged our experience in hotel management to
ensure that the InterContinental Hong Kong remains and thrives as a world class
hotel property; we are excited at the upcoming renovation and we have been in
touch with some of the world’s leading designers for this special renovation
project.”
Gaw Capital Partners and
its affiliates have a long history in turning around and repositioning hotels
successfully. The iconic Hollywood Roosevelt Hotel in Los Angeles, acquired by
Goodwin Gaw and his partners in 1995, has once again become a hotspot for
Hollywood’s stars and celebrities after a series of renovations. GCP
Hospitality, an operating platform for Gaw Capital Partners in the hospitality
industry, runs 23 properties in Asia and the US including flagship Hotel G
properties in Bangkok, Pattaya, Hong Kong, San Francisco, Suzhou and Shenzhen,
as well as the legendary Strand Hotel and Strand Cruise in Yangon and the
management of soon to be opened Roosevelt Macau.