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GuocoLand CEO has his sights set on creating a multi-platform real estate company

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Nisha Ramchandani

Nisha Ramchandani

Published Mon, Jul 25, 2022 · 05:50 AM
    • GuocoLand chief executive Cheng Hsing Yao says the group is keen to beef up its investment portfolio, which will set the stage for the growth of its asset management business.
    • GuocoLand chief executive Cheng Hsing Yao says the group is keen to beef up its investment portfolio, which will set the stage for the growth of its asset management business. KUA CHEE SIONG, ST

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    WHILE GuocoLand might be best known as a developer, chief executive Cheng Hsing Yao harbours ambitions to create a premium real estate brand in Asia as GuocoLand builds up its end-to-end capabilities.

    Cheng, who assumed the role of CEO in July last year, told The Business Times in a recent interview: “To do so, we will continue to build on our end-to-end capabilities to create a multi-platform real estate company. End-to-end means from land acquisition and conceptualisation, to the development and management of our assets.”

    Over the years, GuocoLand has evolved and today, its investment assets account for more than half of its total assets - making them an important contributor to the top and bottom line.

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