Real estate private equity firm Gaw Capital Partners announced it has, through separate accounts under management, co-led with SoftBank Ventures in a Series A funding, together with other minority investors, totaling $25 million for Propzy, a Vietnam-based offline-to-online real estate platform.
Propzy intends to utilize the new funds to continue investing in its technology infrastructure and product offerings to support the entire consumer real estate life cycle: from residential leasing to purchasing, from landed houses to high-rise condos, with an array of complementary financial and insurance products.
Humbert Pang, managing principal and head of China of Gaw Capital Partners, said: “Given the favorable macroeconomics exhibited by Vietnam and Gaw Capital’s conviction in offline-to-online business models in real estate, we are excited by our investment into Propzy. Given the value proposition and steadfast vision that Propzy, and its management team, brings to t
