Post by : Bianca Suleiman
Gaw Capital, a big investment company from Hong Kong, wants to invest more money in the Middle East. The company’s top leader, Christina Gaw, said they see a good chance to grow in the region after COVID-19. Many people and businesses there want real estate and other industrial projects.
Christina Gaw said the company is especially interested in the United Arab Emirates (UAE) and Saudi Arabia because their populations need more real assets like buildings and land.
In May, Gaw Capital bought a residential building in Abu Dhabi for over $150 million. In November, they made a deal with Expo City Dubai and a company called Lingang Group. This deal is to think about building a new science park called Expo Life Science Park in Dubai.
Gaw Capital manages assets worth $34.4 billion as of the end of 2024. Christina Gaw said the company plans to complete another deal in the Middle East later this year. The company was started in 2005 by Christina’s two older brothers.
The interest in the Middle East is because the area’s property market is growing fast after the pandemic. This growth is helped by more businesses and foreign investors wanting to buy property there.
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