Real estate experts agree that the market trends haven’t been extremely favourable, but that hasn’t stopped Singapore-based tycoon Gordon Tang from taking risks. Mr. Tang, for the uninitiated, is the non-executive director of SingHaiyi but has a controlling interest of 62.2% holding company, Haiyi Holdings. For Gordon Tang, real estate isn’t a new venture. While they acquired the stake in SingHaiyi in 2012, the Tangs, which includes his wife Mrs. Celine Tang, have been active in Singapore real estate for a while now. They had invested in condos and strata offices, and Mr. Tang believes that success in this industry is all about strategic acquisitions. With his advice and help, SingHaiyi managed to acquire many assets in the US, Malaysia and China.

Mr. Tang is also involved with Oregon-based American Pacific International Capital (APIC), which owns, runs and manages many hotels under the Haiyi brand in the US. For now, Mr. Tang is trying to explore more markets and regions, and his team is studying European and Australian markets extensively to know the possible scope of exposure.  SingHaiyi already has a 9% stake in Australia-listed Cromwell Property Group. Certainly, acquisitions and networking are important for real estate investments, and Mr. Tang has proved that.