The iProperty Group, owner and operator of Asia’s No.1 network of property portals, today announced that it will be the official partner for the country’s top and most prominent property EXPO’s in China.
Together with SMART EXPO, a company that the iProperty Group acquired early this year, the company will be the exclusive overseas partner for the Shanghai LuxProperty 2013 and Beijing International Property & Investment EXPO/Autumn. The events are scheduled to be held on 14th- 15th September in Shanghai and on the 19th – 22nd September in Beijing, China, respectively.
According to iProperty Group’s Chief Executive Officer, Shaun Di Gregorio, “China has over 100 million investor-class citizens with over half a trillion dollars to spend. Data has shown that these investors have spent USD 50 billion purchasing overseas residential property. The demand from these affluent and discerning groups of property buyers and investors is high and we are pleased to be able to cater to these demands by organizing our EXPO’s there,”
He added that high real-estate prices in China are resulting in many mainland Chinese investors snapping up properties in Asia. With such a high demand, property developers across the region are also actively looking for avenues to promote their developments to this group of astute investors.
“We are providing developers around the world, with luxury properties to showcase, the perfect platform to reach thousands of super-affluent Mainland buyers. They will now have the exclusive opportunity to further diversify their portfolio and have a unique platform to tap into this astute group of property buyers and investors in China,” added Di Gregorio.
Property developers that sign up with the iProperty Group will have prominent exposure as they will be able to access the iProperty Group’s database of qualified Mainland Chinese property buyers and investors who are actively looking to invest in property overseas.
“The iProperty.com EXPO is highly established and renowned throughout Asia. Our EXPO’s have made it easier for property buyers and investors to find their dream home. At the same time, it has provided developers an avenue to effectively reach and engage with consumers, while showcasing their developments,” added Di Gregorio.
He added that 63 million people in China have the finances to invest in property overseas. By 2020, the population in China is set to double and by then they would have USD 3.1 trillion to invest and they are looking to invest outside of China.
“With the iProperty Group’s strong brand presence in Malaysia, Indonesia, Hong Kong, Macau and Singapore, generating more than 70 million page views monthly, the company is set to provide property developers across Asia and the world with an avenue to tap into the China market. If developers want to gain access into China, reach a targeted set of property buyers and investors, then join our property EXPOs in China,” urged Di Gregorio.
He concluded saying that a total of 210 exhibitors from over 25 countries, USA, UK, Canada, Australia, Germany, France, Cyprus, Spain, Portugal, Latvia, Malta, the Netherlands, Singapore, South Korea, Japan, Malaysia, Thailand, Fiji, amongst others, will be showcasing their luxury developments at the Beijing International Property & Investment EXPO/Autumn. The LuxProperty 2013, an upscale private exhibition tailored for the leading luxury properties worldwide, is also set to attract the super-affluent mainland buyers in China.