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HK-based PE firm eyes S'pore high-end homes, prime offices

Phoenix Property Investors also set to expand its investment footprint from North Asia to South-east Asia

Mr Chu says most countries in S-EA are bucking the ageing demographic trend and rapidly growing their middle-class population, both of which bode well for the property sector.


HONG Kong-based private equity real estate firm Phoenix Property Investors is on the prowl for more investments in South-east Asia.

Currently it has invested about US$120 million - or 5 per cent of the US$2.5 billion it has raised since it was set up in 2002 - in Jakarta...

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