Investment

Singapore-based real estate investor Gordon Tang progresses through acquisitions

While many traditional investors and real estate developers are wary of the changes in prices and slump in demand, Chinese investor Gordon Tang thinks otherwise. Based out of Singapore, he has been actively involved in local real estate with investments in condos and strata offices. Currently, he is the Non-Executive Director of SingHaiyi group but also has a controlling stake through holding company, Haiyi Holdings. Under his vision and guidance, SingHaiyi has acquired commendable number of assets in the US, Malaysia, China and Singapore, and there are plans to expand in commercial sector, as well. Mr. Gordon Tang and his wife have always been interested in real estate, and initially, they explored real estate in Singapore by owning units in Suntec City Tower One.

They are also partners with Mr. Neil Bush, brother of former US president George Bush and Non-Executive Chairman of SingHaiyi, for Oregon-based American Pacific International Capital (APIC), which owns and manages many hotels in the US. Mr. Tang looks forward to more acquisitions in different parts of the globe, and through his strong network and partnerships in Asia, the same seems viable. For many, SingHaiyi might be an offshore developer, but that hasn’t stopped Mr. Tang from taking risks.

Singapore-based real estate magnet Gordon Tang takes the leap!

Real estate is often as a local industry, although international acquisitions have increased considerably in recent years. With the current slump in prices in the US and other parts of the world, things are a bit confusing. Chinese business tycoon Gordon Tang – who is a reckoning force behind Singapore-listed SingHaiyi Group seems to have found a way. With his business acumen and a team that also includes Neil Bush, who serves as the Non-Executive Chairman, SingHaiyi Group is soaring high. It has acquired many properties in the US at throwaway prices, and experts believe that the acquisitions will open new things for everyone involved. Mr. Tang has been particularly focused on acquiring assets with the intention of creating new projects.

He has strong connections in the US, Malaysia, Singapore and China, with assets that are being managed successfully by SingHaiyi Group. He is partners with Mr. Bush in Oregon-based American Pacific International Capital (APIC), which also manages and runs hotels in the US. In recent years, SingHaiyi Group and Mr. Tang have been focusing on other markets, including Europe and Australia. The group gained 9% stake in Australia-listed Cromwell Property Group, which promises more expansions possibly in near future. Acquisitions is the way it seems!