Cushman and Wakefield partners Suzhou Industrial Park to boost investment opportunities
Vivienne Tay
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COMMERCIAL real estate services firm Cushman and Wakefield on Thursday said it will help Suzhou Industrial Park (SIP) expand investment opportunities. In doing so, Cushman & Wakefield will utilise its offices in South-east Asia.
These offices include Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam.
The partnership was announced following the signing of a memorandum of understanding (MOU) during SIP's high-quality and pilot free trade zone investment promotion symposium in Singapore.
According to Kelvin Li, Cushman & Wakefield's managing director of East China, the MOU will focus on cooperation between its East China and Singapore teams, as well as other South-east Asia teams to best serve SIP.
This is with the aim to improve outbound investment by leveraging the best of both the China and Singapore business environments.
Cushman & Wakefield East China covers Shanghai, Hangzhou, Nanjing, Suzhou, Hefei and other markets in the region.
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"In the future, we hope to copy the success of the China-Singapore SIP model, and apply it to other Belt and Road locations. Cushman & Wakefield will integrate international resources to serve industrial parks as an outbound BRI investment better," Mr Li added.
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