Gaw Capital Partners Ranks 3Rd In PERE's 2024 Proptech 20 Media Outreach Newswire APAC
Date
11/11/2024 4:36:04 AM
(MENAFN- media OutReach Newswire)
HONG KONG SAR -
Media OutReach Newswire - 11 November 2024 - Gaw Capital Partners ranked third in the PERE's 2024 Proptech 20 among all fund managers globally, with US$1,293m raised over the past five-year period.
Source: PERE
The Proptech 20 ranking, compiled annually by PERE, evaluates firms based on the amount of private direct investment capital raised between January 1, 2019, and December 31, 2023. According to PERE, the total capital raised by the firms in the Proptech 20 ranking reached $12.93 billion in 2024, marking a significant increase of over 14 percent from the previous year's total of $11.28 billion. This growth underscores the continued allure of proptech investments and the industry's drive to redefine traditional real estate practices through technological innovation.
Remaining at the top three of the Proptech 20 ranking is a testament to Gaw Capital's commitment to innovation and excellence in the real estate investment landscape. Despite challenging and ever-evolving market conditions, the firm has demonstrated remarkable resilience and foresight in navigating the proptech sector.
Christina Gaw, Managing Principal, Global Head of Capital Markets and Co-chair of Alternative Investments at Gaw Capital Partners, said, "Securing the third position in PERE's Proptech 20 ranking for consecutive 3 years not only testifies our team's dedication to leveraging technology for value creation in real estate but also highlights our prowess in fundraising and maneuvering capital markets. We are proud to be recognized for our efforts in shaping the future of the industry. As technology continues to disrupt and reshape the industry, Gaw Capital is poised to embrace new opportunities and drive innovation that will redefine the way we interact with built environments."
Humbert Pang, Managing Principal, Head of China, and Co-chair of Alternative Investments at Gaw Capital Partners, said, "The proptech landscape in Asia, particularly Middle East, is witnessing rapid evolution, driven by the increasing adoption of cutting-edge technologies and the robust growth of smart infrastructure. The region's dynamic market environment, coupled with the Chinese government's proactive stance on sustainable development, technological advancement and climate change mitigation, presents a wealth of opportunities for innovation and investment in the real estate related sector. Our dedication to harnessing technology and fostering sustainable practices reflects our commitment to driving positive change and delivering long-term value for our investors and stakeholders."
Being among the leading fundraisers in the last five years, Gaw Capital consistently showcases its expertise in recognizing and leveraging emergent trends within the proptech industry. The firm remains steadfast in its mission to pioneer transformative solutions and lead the way in proptech investments globally.
MENAFN11112024003551001712ID1108871314
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.