That’s a wrap! First China Connection of 2017 is most successful to date
In the lead up to our first China Connection event of 2017, the Investorist team was determined to make it bigger and better than ever. With eight developers from around the world, plus a highly-regarded private lending fund, and a significant number of new Chinese Network Partners in attendance, we succeeded. The event took place from Monday 27th to Friday 31st of March in Shenzhen and Shanghai, the two Chinese cities with a majority of offshore investors and therefore the most migration and real estate agencies.
Having solidified our position in the US market, this year saw three of the country’s leading developers attend China Connection; Blue B Properties, Extell Development, and Lennar. International companies Gamuda and DWG attended, with Growland, MAB and Ray White making up the Australian faction of the group.
In addition to the developers this year was Lending HQ, a private lender from Victoria with a $1.5bn fund specifically for offshore buyers looking to invest in Australia. Lending HQ were a welcome addition to the event and received a fantastic response from Chinese agents, many of whom had clients that had trouble securing lending from Australia’s major banks after restrictions were imposed in July last year. The fund was a great confidence boost for everyone involved, including the developers launching Australian projects knowing their deals can be finalised without issue.
Investorist Founder Jon Ellis said “competitive funding options, such as those arranged by Lending HQ, are set to shake up the big four banks once they get wind of just how much business is being written outside their loan books.” Whilst most of the demand for this fund comes from Chinese investors, there has also been interest from buyers in Malaysia and Singapore.
Investorist is proud to bring industry leaders like this together and see business getting done, regardless of the perceived challenges or barriers. A big thank you to everyone that participated in the March 17 China Connection, time to start planning the next one!