Silkroad Property Partners
HSBC Asset Management (HSBC AM) has completed the acquisition of 100% of the shares of SilkRoad Property Partners Pte. Ltd, along with its Hong Kong, Shanghai and Tokyo based subsidiaries and the five general partner entities associated with its active funds. This expands our real estate investment capabilities under our HSBC Alternatives business in Asia Pacific and aligns with our ambition of becoming a top direct Real Estate investment manager in the region, following the establishment of our Real Estate Asia Pacific team in 2021. All employees of SilkRoad Property Partners Pte. Ltd. and its three subsidiaries have joined our Real Estate Asia Pacific team in Singapore, Hong Kong, Shanghai and Tokyo including Peter Wittendorp, CEO of SilkRoad Property Partners Pte. Ltd, who now reports to Victoria Shigehira Sharpe, Global Head of Real Assets and assumes the position of Head of Real Estate, Asia Pacific, formerly held by Victoria. For further details please see the SilkRoad website: https://lnkd.in/g79FV6T
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