Straits Real Estate

Singapore Based | Global Reach

Straits Real Estate

Singapore Based | Global Reach

© Copyright 2014, Straits Real Estate Pte. Ltd. All rights reserved. | Personal Data Protection Policy

Straits Real Estate Pte. Ltd. (SRE) is a real estate investment company that seeks out real estate related investments and opportunities globally. SRE is 89.5% owned by Straits Trading and 10.5% owned by the John Lim Family Office, the investment holding group of companies founded by Mr John Lim, Group Chief Executive Officer and Executive Director of ARA Asset Management Limited. SRE was incorporated in November 2013 with a capital commitment of up to SGD 950 million.

Young and Progressive Real Estate Investment Company

DYNAMIC

Conceptualised as a real estate investment platform, SRE is a collaboration between The Straits Trading Company Limited and the John Lim Family Office.

 

The Company invests globally, targeting gateway cities for attractive investment propositions.

 

High degree of flexibility to invest in direct real estate and real estate backed instruments and securities.

GLOBAL

SRE will always seek to work with local experts.

 

Shareholders and senior management with extensive transaction experience and wide business networks across regions.

 

 

 

 

STRONG COMMITMENT

The Company is strongly capitalised to take advantage of opportunities arising from tight liquidity conditions, space and capital market dislocations, physical and public markets mismatch etc.

 

Strong commitment and support of its shareholders and strategic partners to carry out its investment strategy.

 

 

 

 

A joint venture between The Straits Trading Company Limited and the John Lim Family Office.

CREATING SHAREHOLDER VALUE

- SRE seeks to deploy capital into medium-to-high returning

  real estate investment opportunities across global markets

 

- Investment approach emphasizes market timing, taking

  advantage of low correlation between markets.

 

- Innovative use of structuring to mitigate risks.

 

- Focuses on efficient use of capital.

 

- Prudent use of external gearing.

 

- SRE will always invest with clear exit options.

 

UP

ABOUT THE COMPANY

SHAREHOLDERS & PARTNER

The Straits Trading Company Limited (www.stc.com.sg)

Incorporated in 1887, The Straits Trading Company Limited (Straits Trading) today is an investment company with stakes in real estate, hospitality, resources and investments that span the Asia Pacific region.

It owns an 89.5% stake in Straits Real Estate Pte. Ltd., a co-investment vehicle that seeks out real estate related investments & opportunities globally. It also owns a 20.1% stake in SGX-listed ARA Asset Management Limited, one of the largest real estate fund managers in the region and has a 30% interest in Far East Hospitality Holdings, one of the largest hospitality operators in Asia Pacific. Straits Trading also engages in tin mining and smelting through its 54.8% owned subsidiary, Malaysia Smelting Corporation Berhad, that is dual listed on Bursa Malaysia and SGX-ST.

 

Straits Trading has a long history in real estate development in Singapore and Malaysia, having developed a portfolio of residential and commercial properties in these markets since the 1960s.

 

Its portfolio of residential property projects consisted of premier and upmarket developments such as the Five Chancery strata-bungalow project, as well as the Gallop Gables and Gallop Green condominiums located in the prime residential area of District 10 in Singapore. The Group is a prominent developer and owner of Good Class Bungalows (GCBs) in the Cable Road and Nathan Road area.

 

In Malaysia, Straits Trading jointly developed a high quality residential project named Sri Bukit Persekutuan near KL Sentral, the main transport hub of Kuala Lumpur. The company also developed the prime freehold Thompson-Flora Tropika Residences, located near Ipoh City Centre.

 

Besides its well regarded residential portfolio, the company has also developed retail malls, office buildings and hotels such as the the Great Eastern Centre, the Straits Trading Building and the Rendezvous Hotel  Singapore.

 

The original Straits Trading Building in Singapore was developed in 1969 and completed in 1972. It was one of the earliest urban renewal projects in post-independence Singapore then. The 21-storey structure was also the first high-rise building in the Central Business District. The building was redeveloped in 2009 into a modern, 28-storey structure that houses Straits Trading's head office today. The Straits Trading Building in Kuala Lumpur, developed in 1961, is situated in the heart of the capital, within the enclave of historical and architectural landmarks such as Dataran Merdeka and the Sultan Abdul Samad Building, an area that marked the nucleus from which the city grew and expanded.

John Lim Family Office (www.jlfo.com.sg)

 

John Lim Family Office is the investment holding group of companies founded by Mr John Lim, Group Chief Executive Officer and Executive Director of ARA Asset Management Limited.

 

The family office comprises an investment arm as well as a philanthropic arm, Lim Hoon Foundation Limited. The group manages a global investment portfolio based around the investment philosophy of Mr John Lim.

Mr. Lim has more than 30 years of experience in the real estate industry, and has received many notable corporate awards.

His personal accolades include:

 

- Forbes' Asia Singapore's Richest list, 4 years in a row. Ranked 45th with a net worth of USD 405 million in 2013

 

- 10 Most Influential Personalities in Asian Real Estate – REIW Asia 2013

 

- Ernst & Young Entrepreneur Of the Year Singapore 2012

 

- Ernst & Young Entrepreneur Of the Year – Financial Services 2012

 

- Outstanding CEO of the Year 2011 at the Singapore Business Awards 2012

 

- Brendan Wood International – SIAS TopGun CEO Designation Award – SIAS Investors’ Choice 2012

 

- Best Managed Board (Gold) Award at the Singapore Corporate Awards 2012

 

ARA Asset Management Limited (www.ara-asia.com)

 

Incorporated on 1 July 2002 as an Asian real estate fund management company focused on the management of public-listed real estate investment trusts (REITs) and private real estate funds, ARA Asset Management Limited (ARA) was admitted to the official list of the main board of the Singapore Exchange Securities Trading Limited on 2 November 2007.

 

The ARA Group currently manages a portfolio of six REITs listed across Singapore, Hong Kong and Malaysia, with a diversified portfolio spanning the commercial, office, retail and industrial sectors. Fortune REIT is dual-listed on the Singapore Exchange Securities Trading Limited (SGX-ST) and The Stock Exchange of Hong Kong (SEHK), Suntec REIT is listed on the SGX-ST while Prosperity REIT and Hui Xian REIT are both listed on the SEHK. These are followed by Cache Logistics Trust, listed on the SGX-ST and AmFIRST REIT which is listed on Bursa Malaysia.

 

ARA Asset Management Limited also manages private funds investing in real estate and real estate-related securities in Asia. The group’s first private fund, the Shariah-compliant Al-Islami Far Eastern Real Estate Fund was fully divested in October 2007, achieving an IRR of 23.7%. Thereafter, the flagship ARA Asia Dragon Fund (ADF), a closed-end fund was designed to provide a platform for global institutional investors to invest in a diversified portfolio of real estate investments in various growth economies of Asia. Riding on the group’s private fund management expertise, ARA has launched several other private funds.

 

The group’s achievement in REIT management and real estate fund management businesses has been well recognised by the global business community in general, and the financial industry in particular, as testified by the many prestigious international awards it has received.

 

UP

BOARD OF DIRECTORS

JOHN LIM

CHAIRMAN

Mr John Lim is the Group Chief Executive Officer and Executive Director of ARA Asset Management Limited since its establishment. He is a non-executive director of ARA Asset Management (Fortune) Limited, ARA Trust Management (Suntec) Limited, ARA Asset Management (Prosperity) Limited, Am ARA REIT Managers Sdn. Bhd., ARA-CWT Trust Management (Cache) Limited and Hui Xian Asset Management Limited.

  • More

    Mr Lim is also the chairman of APM Property Management Pte. Ltd., Suntec Singapore International Convention & Exhibition Services Pte. Ltd. and the management council of The Management Corporation Strata Title Plan No. 2197 (Suntec City).  In addition, Mr Lim is an independent director and the chairman of the remuneration committee of Singapore-listed Teckwah Industrial Corporation Limited, the chairman of the property management committee of the Singapore Chinese Chamber of Commerce & Industry, the managing director of Chinese Chamber Realty Private Limited and a director of the Financial Board of the Singapore Chinese Chamber of Commerce. He is also a member of the Consultative Committee to the Department of Real Estate, National University of Singapore.

     

    Mr Lim has more than 30 years of experience in the real estate industry, and has received many notable corporate awards. His recent accolades include the Ernst & Young Entrepreneur Of the Year Singapore 2012, Ernst & Young Entrepreneur Of the Year – Financial Services 2012 and the Outstanding CEO of the Year 2011 at the Singapore Business Awards 2012. Mr Lim, along with the Board of Directors of ARA, is also a recipient of the prestigious Best Managed Board (Gold) Award at the Singapore Corporate Awards 2012.

     

    Mr Lim holds a Bachelor of Engineering (First Class Honours) in Mechanical Engineering, a Master of Science in Industrial Engineering, as well as a Diploma in Business Administration, each from the National University of Singapore.

CHEW GEK KHIM

BOARD MEMBER

Ms Chew Gek Khim is a lawyer by training. She has been Chairman of The Straits Trading Company Limited since 24 April 2008, first as Non-Executive and Non-Independent Chairman and then as Executive Chairman since 1 November 2009. As Executive Chairman, Ms Chew works closely with the senior management of Straits Trading to oversee the implementation of policies and decisions, including compliance with corporate governance codes.

THAM KUI SENG

BOARD MEMBER

Mr Tham Kui Seng is a Director of Global Logistics Properties Limited, Raffles Medical Group Ltd, Sembcorp Industries Ltd, Capitaland China Holdings Pte Ltd and SPI (Australia) Assets Pty Ltd. He also serves on the Board of the Housing and Development Board (HDB).

  • More

    Mr Tham was the former Chief Corporate Officer of CapitaLand Limited overseeing the corporate services functions of the real estate group, a position he held from 2002 until 31 December 2008. He also served as the Chief Executive Officer of CapitaLand Residential Limited and before that, the Chief Operating Officer of Pidemco Land Limited.

     

    Mr Tham graduated from the University of Oxford with a Bachelor of Arts in Engineering Science.

TAN TIONG CHENG

BOARD MEMBER

Mr Tan Tiong Cheng was appointed as an Independent and Non-Executive Director of The Straits Trading Company Limited with effect from 1 July 2013. Mr Tan is currently the Executive Chairman of Knight Frank Pte Ltd and has spent the last 32 years with the firm.

  • More

    In addition to overseeing its strategic directions, he has been involved in investment sales, worked with MNC's and major local organisations to meet their property needs in real estate investments and developments.

     

    A valuer by training, Mr Tan has 40 years of extensive and in-depth knowledge of real estate, both in the public and private sectors, initially with the government's Property Tax Dept, Inland Revenue and on secondment to URA, and subsequently with Knight Frank. Mr. Tan is an Independent Director of Heeton Holdings Ltd and UOL Limited and has been an Honorary Advisor (Real Estate Consultancy) to REDAS since 1991 and a member of the Valuation Review Board.

     

    A Colombo Plan Scholar, Mr Tan graduated from the University of Auckland in 1972 with a Diploma in Urban Valuation.

ANDY LIM

BOARD MEMBER

Mr Andy Lim sits on the Board of Directors and also serves as Director of Business Development and Operations at Straits Real Estate Pte. Ltd. where he is, together with the CEO, responsible for developing and implementing growth opportunities and investments for the company. Mr Lim also is concurrently responsible for all legal matters of Straits Real Estate Pte. Ltd.

 

  • More

    Mr Lim is an Executive Director of the John Lim Family Office (JLFO) which is the private investment holding group of companies founded by Mr John Lim, where he is actively involved in the investment activities of the group and is responsible for the sourcing, structuring, negotiating and the execution of the group’s investments.

     

    He also serves as Executive Director of the philanthropic arm of JLFO, Lim Hoon Foundation Limited, a position he has held since 2008 where he oversees the grants, programmes and implementation of new initiatives of the foundation.

     

    Mr Lim is an active member in the Singapore Chinese Chamber of Commerce and Industry (SCCCI) and currently sits as a committee member on the SCCCI Young Entrepreneurs Network.

     

    A lawyer by training, Mr Lim joined Allen & Gledhill LLP as a pupil in 2010 and left as Senior Associate in 2014. During his time at Allen & Gledhill LLP, Mr Lim was part of the Corporate Real Estate department where he was involved in the establishment and listing of real estate investment trusts, direct and indirect property acquisitions, divestments of real estate, master lease-back transactions and property joint development and development projects.

     

    Mr Lim read law at the University of Liverpool and graduated with a Bachelor of Laws (Honours). Mr Lim was admitted to the Singapore Bar on 14 July 2011.

UP

MANAGEMENT

DESMOND TANG

CHIEF EXECUTIVE OFFICER

Mr Desmond Tang is Chief Executive Officer at Straits Real Estate Pte. Ltd.

 

Prior to joining Straits Real Estate, Mr Tang was Managing Director and partner at GrowthPath Capital Private Limited, a real estate investment management and advisory firm that he co-founded.

PAUL YI

CHIEF INVESTMENT OFFICER

Mr Paul Yi is Chief Investment Officer at Straits Real Estate Pte. Ltd.

 

Prior to joining Straits Real Estate, Mr Yi held the concurrent role of Head of Investments for ARA Private Funds and CEO of ARA Managers (Asia Dragon II) Pte. Ltd.

ANDY LIM

DIRECTOR BUSINESS DEVELOPMENT / OPERATIONS

Mr Andy Lim sits on the Board of Directors and also serves as Director of Business Development and Operations at Straits Real Estate Pte. Ltd. where he is, together with the CEO, responsible for developing and implementing growth opportunities and investments for the company. Mr Lim also is concurrently responsible for all legal matters of Straits Real Estate Pte. Ltd.

GOH YAH HUAY

DIRECTOR FINANCE

Ms Goh Yah Huay is Director of Finance at Straits Real Estate Pte. Ltd. where she is responsible for all accounting and finance related functions.

 

Prior to joining Straits Real Estate, Ms Goh was Vice President of Finance at Straits Trading Company Limited where she was responsible for cashflow management, financial analysis, statutory/management reporting and financial consolidation activities for the Hospitality Division.

ADELINE FONG

DIRECTOR ASSET MANAGEMENT

Ms Adeline Fong is Director of Asset Management at Straits Real Estate Pte. Ltd.

 

She has over 18 years of experience in regional real estate, spanning the areas of property development, asset management and fund management.

  • More

    Ms Fong was previously Assistant Director for Asset Management with Alpha Investment Partners, where she specialised in designing and implementing asset enhancement programmes to reposition assets and unlock values in underperforming assets. She is adept in adopting holistic approaches to optimise asset returns across various fund strategies.

     

    Prior to that, she was Head of Business Development and Investment at OUB Centre Limited, where she undertook development projects in Singapore and China.

     

    Ms Fong holds a Bachelor of Business degree from the Nanyang Technological University, and a Master of Science degree in Real Estate from the National University of Singapore.

UP

Address:

 

STRAITS REAL ESTATE PTE. LTD.

1 Wallich Street, #15-01 Guoco Tower, Singapore 078881

 

Email: contact@straitsrealestate.com

Phone: +65 6422 4270

Fax :    +65 6836 8117

UP

Submitting Form...

The server encountered an error.

Form received.

CONTACT

© Copyright 2014, Straits Real Estate Pte. Ltd. All rights reserved. | Personal Data Protection Policy