China Xintiandi：Brookfield Partnership to Promote Asset Enhancement
China Xintiandi Chairman Vincent Lo and Brookfield Asset Management (BAM) CEO Bruce Flatt chaired a media roundtable in Shanghai on January 24 to announce plans to launch a senior management exchange program. The two partners will also set up a platform to enhance the value of current assets and explore new commercial property investment opportunities in China. Brookfield’s global network and rich commercial retail experience adds momentum to China Xintiandi’s ongoing development and strengthens its reputation in the industry. Agreement signed in Oct 2013 was between Shui On Land and Brookfield, including investment of USD 750 million to be dedicated to the development of China Xintiandi.
China Xintiandi(CXTD) Chairman Mr. Vincent Lo (second on left), CXTD CEO Mr. Philip Wong(first on left), Brookfield Asset Management(BAM) CEO Mr. Bruce Flatt( second on right), BAM Senior Managing Partner Mr. William Powell (first on right) receiving group interview
Mr. Bruce Flatt sharing outlook for the cooperation
Mr. Bruce Flatt introducing Brookfield’s commercial experience