
Portman Holdings opens Hong Kong office
Portman Holdings, an international real estate company, has announced the opening of its Hong Kong office, with the hire of Stanley Chin as a managing director for Greater China.
With over 30 years of experience in China, Portman opens its first office in Hong Kong as a part of the company's continued international growth and expansion in Greater China.
The US-based real estate company's clients include private equity funds, institutional investors and private real estate partnerships. The Hong Kong office will support its operations, including capital raising, deal sourcing and stakeholder relations.
"As Portman Holdings continues to expand our footprint in Asia, Hong Kong is a strategic choice due to its international profile as a financial center and its status as a hub for many capital sources and relationships. Our new office in Hong Kong will serve to further enhance our coverage of China," said Ambrish Baisiwala, CEO of Portman, in a statement.
Stanley Chin, newly appointed managing director for Greater China, will oversee Portman's entire operations in China, Hong Kong and Taiwan.
Chin has engaged in real estate and financial services for over 15 years throughout the Asia-Pacific and European regions, including his 10 years focusing on real estate transactions and fund management. Prior to the appointment, he was a director of portfolio management within Hong Kong-based Henderson Global Investors' direct property business, where he was responsible for managing real estate funds, capital raising, and new business development.
"The Greater China real estate market presents continued growth opportunities for us. Stanley's expertise and experience will help lead a new direction for the Portman Holdings' China team, placing an even greater emphasis on deal origination, capital raising, as well as development and asset management," said Baisiwala.
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