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Straits Real Estate eyes adaptive China retail

It sees new retail formats, ideas and concepts in brick-and-mortar space there as it aims to double its S$1.2b in AUM in five years.

"We are slightly light in China. Given how politically stable China is now, I think it's a market that we may potentially put more resources on," says Mr Tang.

STRAITS Real Estate (SRE), a subsidiary of Straits Trading Company (STC), is exploring more investments in China's retail scene, seemingly undeterred by the explosive growth of e-commerce there.

This is because it finds that offline sales, including sales at shopping centres, have...

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