China Xintiandi CEO addressed PERE Forum
China Xintiandi CEO Philip Wong participated in the PERE Forum on June 6. The forum brings together leading private equity real estate investors and fund managers from China and across the world. Themed “bringing places to life”, Mr Wong discussed the future of successful investment and property development in China.
Mr Wong analysed China’s macro investment environment and China Xintiandi’s development and business strategy. He noted that domestic capital continued to play a critical role in China’s private equity investment real estate market and remarked upon the rapid recovery of China’s private capital markets since 2009. Mr Wong introduced Shui On Land’s business strategy and land bank, demonstrating its evolution from fast asset base growth to faster asset turnover. He also shared discussed CXTD’s role as a premium commercial property owner, operator and manager in China, and its initial portfolio, which is paving the way for solid growth in the long run.
（China Xintiandi CEO Philip Wong at the PERE forum）