APIP combines with Property Frontiers
Asia Pacific Investment Partners (APIP) has finished a merger with abroad investment firm Property Frontiers.
APIP are a 14 years of age company based in Hong Kong that has actually grown to end up being the biggest incorporated property company in Mongolia, with interests in other emerging markets including Myanmar, Kazakhstan, Cuba and China.
Talking about the news, Lee Cashell, CEO of APIP stated: We are extremely happy to welcome Property Frontiers to the APIP family. With this merger, we see tremendous chance to construct on the deep research study know-how and relationships Property Frontiers has constructed across the emerging markets property space since their foundation in 2004.
Bringing our first class development abilities to new markets outside of Mongolia truly sets up APIP for long term success. We are excited for the future as this transaction allows us to effectively carry out opportunities through job marketing, investment and careful co-development in Myanmar, Cuba, Kazakhstan, China and any variety of other emerging markets worldwide.
The combined companies will continue to operate under the APIP umbrella brand name, with Property Frontiers becoming a wholly-owned subsidiary and APIP s flagship brand concentrating on sales, research and careful co-developments in frontier markets outside of Mongolia.
Ray Withers, who will stay the CEO of Property Frontiers following the deal, is passionate for the potential customers of the combined company.
He included: With this transaction we are delighted to be able to move into the advancement side of the property industry too. Partnering with APIP enables us to learn from an expert property designer who has a proven track record of success in frontier markets. We have actually interacted with the APIP group for several years and are thrilled to continue the strong relationship as we grow together.
The combined companies will run from a network of workplaces around the world including Hong Kong, Singapore, Ulaanbaatar, North America, London and Oxford.
Hannam and Partners functioned as monetary advisor to APIP on the deal.