Gaw Capital is known for redesigning and repositioning under-utilised real estate assets, such as its upgrade of Pacific Century Place, shown above. Photo: Handout

Gaw Capital ready to sell Beijing complex, sources say, in what would be the biggest property deal in China’s capital city this year

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Hong Kong’s Gaw to net handsome profit after upgrading property
Deal underscores that prime areas of Beijing are still hot trophies for investors

Topic | China property

Zheng Yangpeng in Beijing and Peggy Sito

Published: 3:45pm, 7 Dec, 2018

Updated: 10:56pm, 7 Dec, 2018

Gaw Capital is known for redesigning and repositioning under-utilised real estate assets, such as its upgrade of Pacific Century Place, shown above. Photo: Handout

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Zheng Yangpeng

Zheng Yangpeng is a business reporter at the Post, covering China property, banking and finance. He previously worked for China Daily, joining the Post in 2016. He holds a Bachelor's Degree in Journalism and Communication from Peking University, and a Master's Degree in Global Business Journalism from Tsinghua University.

Peggy Sito

Peggy Sito is the deputy business editor at the Post. She was previously editor on the property desk and has won various news awards from the Hong Kong Consumer Council, the Newspaper Society of Hong Kong and the Society of Publishers in Asia.