Gaw Capital Partners completes final close of US$3 bil Asia Pacific real estate fund

Gaw Capital Partners, a Hong Kong-based real estate private equity firm, has proudly announced the final closing of their seventh Asia Pacific (Apac) real estate fund, Gateway Real Estate Fund VII. The fund achieved high levels of success, raising a total equity of US$3 billion ($4.05 billion) for the fund!

Gateway Fund VII focuses on unlocking real estate opportunities from across the Apac region, such as office, retail, hospitality, industrial, IDC (internet data centres), life science properties, private credit and thematic platforms. These investments are spread out over Greater China, Japan, South Korea, Southeast Asia and India, so investors have plenty of choice.

Christina Gaw, the firm’s managing principal, global head of capital markets and co-chair of alternative investments, states that the fund’s closing is testament to investors’ trust in Gaw Capital. Highlighting the current market uncertainties, she adds that such an environment often offers opportunities. With ample dry powder amassed, Christina believes the firm is well-equipped to seize the arising opportunities post-pandemic.

Tampines Avenue 11 Condo is also near Tampines West MRT station, and a host of bus services that link to the development to many parts of the island. Moreover, Tampines Avenue 11 Condo is also near major expressways such as the Tampines Expressway (TPE) and Pan Island Expressway (PIE). This makes it easy to move from one place to another.

The fund’s commitments made from previous closings include the acquisition of a logistics portfolio in Greater Tokyo, the purchase of Hyatt Regency Hotel in Tokyo, the acquisition of an outlet mall in Guangzhou and the purchase of a life science park in Shanghai. Furthermore, the fund has also made real estate-backed private credit investments in both Hong Kong and Mainland China.

Investors in the fund are a mixture of sovereign wealth funds, endowments, pension funds and other institutional investors – many of whom had also invested in its previous Apac Gateway funds.