IP Global, SLP announce partnership

Singapore real estate firms IP Global and SLP International Property Consultants have announced a partnership that will enable both companies to expand their overseas property investment portfolios, as well as the investor reach across Asia.

SLP International provides real estate services to domestic and international investors in China, Singapore, Indonesia and Malaysia, and will help IP Global reach new investors in these regions through its network of sales associates and through its SLP-MORE subsidiary in Hong Kong.

The agreement will also see IP Global and SLP International partner on property exhibitions in Singapore and Hong Kong. Through a new exhibition partnership model, IP Global and SLP International plan to offer investors a more diversified property portfolio in their primary investment markets of the U.K., the U.S. and Australia.

The two companies embarked on their first joint exhibition in Singapore last month where IP Global exhibited Carlton House, a 90-unit development of studio/1/2 bedroom apartments in Ilford, Greater London. This is the first time that SLP International has marketed a U.K. property to its investor base.

A second exhibition collaboration took place in Singapore earlier this month featuring Newstead Central, a 149-unit development in Brisbanes Newstead district, attracting a lot of interested investors.

Amous Lee, Executive Director at IP Global, said: "We are delighted to partner with SLP International as our exhibition sales channel continues to go from strength to strength.

Tony Koe, Executive Director at SLP International, said: " The partnership will provide access to a larger selection of properties in these markets for our clients, and also to expert advice and support from a leading real estate investment company.

IP Global has invested more than US$1.6 billion invested alongside their clients in 29 markets throughout the world since 2005.

Andrew Batt, International Group Editor ofPropertyGuru Group, wrote this story. To contact him about this or other stories emailandrew@propertyguru.com.

More from PropertyGuru:
Mixed views on Asia-Pac markets
Your own island in the Mediterranean
Larger share of $2 million homes sold in Q3
50 workers living like sardines in 2 condo units