Bora Bora Capital

Neil Shen Join Gaw Capital in Bora Bora Deal

Gaw Capital of Hong Kong, in cooperation with Chinese Ping An Insurance and Korean KIC has made some significant profits in property acquisition, now the family-run retail store is to merge with major technology super stars to purchase a Four Seasons residence in France-Polynesia.

Gaw, who has a tale of hospitableness agreements including working with KIC to buy Hong Kong's Intercontinental Hotel for $938 million in 2015, joins Tencent founders Pony Ma, Sequoia China chef Neil Shen and a host of other technology industries executive to buy the $1,200 per overnight four seasons on Bora Bora, a resorts Island 277 kilometers to the west of Tahiti, according to a report today in Reuters.

Part of the group of investors, including Martin Lau, the technology giant's chairman behind the highly acclaimed WeChat application and James Mitchell, is looking for a ?100 million ($105.7 million) credit to purchase the eight-year-old complex from its initial designer Thierry Barbion.

The Deutsche Bank coordinates the deal and the credit for the technology-intensive syndicate, which also owns Brandon Beck, co-founder of Tencent's Riot Games as well. The Kazakh capitalist and CEO of Meridian Capital, Askar Alshinbayev, said he was involved.

There was no mention of the possible purchase of the beach town, which comprises 100 surface vaults and seven beachhouses. It became the top tourist location in Polynesia in 2012 and hosts the Ruahatu Lagoon Sanctuary, a research institution and home to over 100 different types of sea creatures, according to the project's website.

Over the past year, Gaw has made investments in a number of hotels, among them the purchase of a $60 million Chicago property in July 2016. The December investment in a $26 million residential students' residential development in Perth, Australia, was made by the Goodwin Gaw-based PE company, along with its younger brothers Kenneth Gaw and Christina, who are also top executives.

As well as these in 2016, the company has substantial stakes in hotels, which include the operation of its own Hotels G trademark, with restaurants in Bangkok, Beijing, Hong Kong and San Francisco as well as several other Asian citys.