Gaw Capital Partners Named by PERE: “Firm of the Year – China 2014” and the Acquisition of Pacific Century Place, Beijing, “Asia Deal of the Year 2014”

March
02

SHANGHAI

– March 2, 2015 –Hong Kong-based real

estate private equity firm Gaw Capital Partners was named “Firm of the Year –

China 2014” by Global PERE Awards. PERE also named the acquisition of Pacific

Century Place, Beijing “Asia Deal of the Year 2014”. Gaw Capital Partners was

“Firm of the Year, Asia” and Goodwin Gaw “Industry Figure of the Year, Asia” in

the same awards in 2013.

 

Global PERE Awards are highly venerated awards in the real estate

private equity industry.

 

Goodwin Gaw,

Managing Principal and Founder, welcomed these two awards: “We are deeply

honored and thankful for these two awards from PERE. These awards reflect our

unwavering commitment to delivering strong returns for our investors and the

trust we earned from our investors and business partners based on our track

records.”

 

Christina Gaw,

Managing Principal and Head of Capital Markets, said: “We are extremely

grateful for the support from selective LPs of ours who have coinvested in the

Beijing deal, contributing to the successful completion of this transaction.”

 

2014 was an

extremely productive year for Gaw Capital Partners, as its funds under

management made seven transactions with a total of USD 2.7 billion in combined

deal size in mainland China alone in 2014.

Gaw Capital Partners also completed the largest single-asset property

deal by foreign firm when its forth Gateway Fund bought Pacific Century Place,

Beijing, from PCCW for USD 928 million.

 

Gaw Capital

Partners acquired one of Beijing’s premier properties – Pacific Century Place

in April 2014. The property is well located in the popular Sanlitun area with

approximately 169,900 square-meter floor area, comprising of two towers of

offices, two towers of serviced apartments and a shopping mall. Gaw Capital

Partners is implementing active asset management currently to renovate and

reposition the property, bringing it to its full potential.

 

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