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Hong Kong's Gaw Capital turns faded properties into gems

Tuesday, August 4, 2015 - 05:50

Hong Kong

WHEN InterContinental Hotels Group announced the sale of its Hong Kong flagship for US$938 million to a group led by Gaw Capital Partners on July 10, even insiders were caught off guard.

In a town dominated by a handful of multi-billionaire property developers such as Li

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