{"id":354028,"date":"2023-06-29T19:32:21","date_gmt":"2023-06-29T11:32:21","guid":{"rendered":"https:\/\/www.mingtiandi.com\/?p=354028"},"modified":"2023-06-30T12:58:06","modified_gmt":"2023-06-30T04:58:06","slug":"blackstone-weave-lofter-and-fairland-on-value-add","status":"publish","type":"post","link":"https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/","title":{"rendered":"Blackstone, Weave, Lofter and Fairland Go Granular for Hong Kong Value-Add"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Value-Add Panel -- MTD HK Forum\" src=\"https:\/\/player.vimeo.com\/video\/840886747?title=0&amp;byline=0&amp;portrait=0&amp;speed=0&amp;badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479\" width=\"780\" height=\"439\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe>Finding opportunities for value-add real estate strategies in Hong Kong requires in-depth knowledge of the local community in one of the world\u2019s most expensive cities, according to top developers and fund managers speaking at a panel this week.<\/p>\n<p>\u201cThe way we look at where we invest, we focus on what we call the good neighbourhoods, which is where we see very strong structural tailwinds, where you have the ability to generate cash flow growth that&#8217;s growing in excess of inflation,\u201d Pak Man Yuen, managing director at Blackstone the audience at the Mingtiandi Hong Kong Focus Forum on Tuesday.<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/ad.doubleclick.net\/ddm\/trackclk\/N6563.3378992MINGTIANDI\/B30546704.375324595;dc_trk_aid=566156183;dc_trk_cid=192150727;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;ltd=;dc_tdv=1\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Copy of APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real Estate\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Copy-of-APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real-Estate.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Copy-of-APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real-Estate.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Copy-of-APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real-Estate-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Copy-of-APAC_EN_Capabilities_Static_StandoutAPAC_780x250_Real-Estate-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><script language='JavaScript1.1' src=\"https:\/\/ad.doubleclick.net\/ddm\/trackimpj\/N6563.3378992MINGTIANDI\/B30546704.375324595;dc_trk_aid=566156183;dc_trk_cid=192150727;ord=+ Date.now();dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;gdpr=${GDPR};gdpr_consent=${GDPR_CONSENT_755};ltd=;dc_tdv=1?\" attributionsrc ><\/script><\/p>\n<p>Yuen said having an deep understanding of the needs of the local community and choosing a target market with robust fundamentals are keys to a successful value-add play.<\/p>\n<p>The Blackstone managing director was appearing alongside top executives from Weave Living, Lofter Group and Fairland Holdings in front of the audience of 200 industry executives.<\/p>\n<h3>Mini-Sheds and Beds<\/h3>\n<p>\u201cWe\u2019re seeing the strongest fundamentals in Hong Kong in the industrial space and hospitality (for value-add plays),\u201d Yuen said at the event, which was sponsored by Yardi. Blackstone has made its Storefriendly self-storage JV a major focus of its work in the city, acquiring a number of industrial buildings and converting them into self-storage facilities.<\/p>\n<div id=\"attachment_354026\" style=\"width: 790px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-354026\" class=\"size-full wp-image-354026\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3650.jpg\" alt=\"Liz Chu Weave Living\" width=\"780\" height=\"575\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3650.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3650-400x295.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3650-640x472.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><p id=\"caption-attachment-354026\" class=\"wp-caption-text\">Weave Living COO Liz Chu<\/p><\/div>\n<p>The ability to find properties suitable for upgrade has enabled local urban redevelopment specialist Lofter Group to establish partnerships with global players like Schroders, BentallGreenOak and SC Capital, according to Carol Chow, founder and chairperson of the company.<\/p>\n<p>\u201cYou have to keep very close to the market\u2026 That&#8217;s why many global funds or global investment firms, when they work on development strategies in a particular city, especially Hong Kong where the competition is very keen, they will work with local partners to execute and to play the most suitable development strategies.\u201d<\/p>\n<p>Lofter currently has eight ongoing development commercial and residential project in major urban areas in Hong Kong. In March, the local builder teamed up with Singapore-based SC Capital to secure full ownership of a <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/projects\/lofter-sc-capital-win-full-control-of-hong-kong-site\/\">redevelopment site on Ap Lei Chau Island<\/a> via a compulsory auction.<\/p>\n<p>Liz Chu, chief operating officer for Warburg Pincus-backed rental housing platform Weave Living said there are still opportunities to acquire ageing hospitality assets and convert them into apartments, although it has become more difficult as prices are slowly picking up after the COVID-19 pandemic.<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/oxford-ivanhoe-kic-savills-on-singapore-india-markets\/\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"14 NOVEMBER 2023 conrad centennial Singapore\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>With its tenth location set to open next month at <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/crelist\/weave-opens-project-in-hong-kongs-mid-levels\/\">68 Robinson Road in the Mid-Levels area<\/a>, Chu said Weave Living has been looking for ways to enhance the neighbourhoods where they invest, as a way to improve the value of their assets and improve the experience for their tenants.<\/p>\n<p>\u201cUltimately what we&#8217;re trying to do is provide customer service, provide a lifestyle (and) not just provide a space for them to live,\u201d told the panel. \u201cBeing able to reconfigure spaces and actually utilise the space and optimise the layouts, that is actually something that we would really look into. We look at value adding on something not only just in the property, it actually is the whole neighbourhood where we want to activate the space.\u201d<\/p>\n<p>Chu\u2019s vision of improving neighbourhoods meshes with the approach of Douglas Wu, executive director at local property investor and operator Fairland Holdings.<\/p>\n<div id=\"attachment_354027\" style=\"width: 790px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-354027\" class=\"size-full wp-image-354027\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3569.jpg\" alt=\"Carol Chow of Lofter Group\" width=\"780\" height=\"526\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3569.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3569-400x270.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3569-640x432.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" \/><p id=\"caption-attachment-354027\" class=\"wp-caption-text\">Carol Chow of Lofter Group<\/p><\/div>\n<p>In the same discussion, Wu pointed to\u00a0 Cheung Sha Wan and To Kwa Wan in Kowloon as two of his favourite for value-add and redevelopment opportunities. He noted how improved connectivity, ongoing private residential developments and urban renewal efforts by Hong Kong\u2019s Urban Renewal Authority are changing the demographics of these areas, attracting a younger population and helping create higher purchasing power.<\/p>\n<p>\u201cWe always look at where the URA is investing or where their projects are earmarked for private residential redevelopment or development because that will change the dynamics of the area and bring in younger families,\u201d he said.<\/p>\n<p>Fairland last December completed its transformation of a 13-storey building at 126 Castle Peak Road from an old office building into a new service-oriented lifestyle hub dubbed <a href=\"https:\/\/www.mingtiandi.com\/sponsored\/fairland-creates-spark-city-cheung-sha-wan-in-kowloon\/\">Spark City Cheung Sha Wan<\/a>.<\/p>\n<h3>Onward to Singapore<\/h3>\n<p>At the start of the day, Mingtiandi\u2019s Hong Kong Focus Forum opened with <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/apg-link-cw-and-wework-lead-off-hk-event\/\">a keynote panel<\/a> featuring top executives from\u00a0 APG Asset Management, Link REIT, Cushman &amp; Wakefield as well as WeWorld Greater China.<\/p>\n<p>The on-site event held at the Sheraton Hong Kong Hotel &amp; Towers, in the Tsim Sha Tsui business and shopping district, also hosted two separate exclusive interviews with <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/pags-weijian-shan-shares-insights-on-asia-pe\/\">PAG co-founder and chairman Weijian Shan<\/a>, as well as Ellen Ng, managing director and head of China real estate at Warburg Pincus.<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.mipim-asia.com\/?utm_source=mingtiandi&#038;utm_medium=barter_website&#038;utm_campaign=mipimasia2023\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"AR-607487_Mipim Asia_23_Banner Resize 780&#215;250\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/AR-607487_Mipim-Asia_23_Banner-Resize-780x250-1.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/AR-607487_Mipim-Asia_23_Banner-Resize-780x250-1.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/AR-607487_Mipim-Asia_23_Banner-Resize-780x250-1-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/AR-607487_Mipim-Asia_23_Banner-Resize-780x250-1-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>Other panels focused on Hong Kong\u2019s industrial sector and its commercial hubs, as well as investment opportunities in mainland China and Japan.<\/p>\n<p>After successfully debuting the conference in Hong Kong with over 200 attendees, Mingtiandi will return to the Lion City in November for its second <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/mingtiandi-singapore-focus-forum-2023\/\">Singapore Focus Forum<\/a>.<\/p>\n<h3>Panel in Pictures<\/h3>\n\n\t\t<style type=\"text\/css\">\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 25%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div data-carousel-extra='{\"blog_id\":1,\"permalink\":\"https:\\\/\\\/www.mingtiandi.com\\\/real-estate\\\/events\\\/blackstone-weave-lofter-and-fairland-on-value-add\\\/\"}' id='gallery-1' class='gallery galleryid-354028 gallery-columns-4 gallery-size-thumbnail'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/attachment\/img_3676\/'><img decoding=\"async\" data-attachment-id=\"354100\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3676-e1688100762599.jpg\" data-orig-size=\"780,520\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Panel: Value-Add and Opportunistic Strategies\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3676-e1688100762599-400x267.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3676-e1688100762599.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3676-e1688100762599-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Panel: Value-Add and Opportunistic Strategies\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3676-e1688100762599-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3676-e1688100762599-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3676-e1688100762599-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/attachment\/img_3510\/'><img decoding=\"async\" data-attachment-id=\"354089\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3510-e1688100946424.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Pak Man Yuen Blackstone\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3510-e1688100946424-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3510-e1688100946424-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3510-e1688100946424-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Pak Man Yuen Blackstone\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3510-e1688100946424-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3510-e1688100946424-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3510-e1688100946424-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/attachment\/img_3639-2\/'><img decoding=\"async\" data-attachment-id=\"354095\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3639-1-e1688100930205.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Pak Man Yuen Blackstone\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3639-1-e1688100930205-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3639-1-e1688100930205-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3639-1-e1688100930205-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Pak Man Yuen Blackstone\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3639-1-e1688100930205-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3639-1-e1688100930205-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3639-1-e1688100930205-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/attachment\/img_3642\/'><img decoding=\"async\" data-attachment-id=\"354096\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3642-e1688100898630.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Liz Chu Weave Living\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3642-e1688100898630-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3642-e1688100898630-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3642-e1688100898630-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Liz Chu Weave Living\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3642-e1688100898630-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3642-e1688100898630-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3642-e1688100898630-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/attachment\/img_3648\/'><img decoding=\"async\" data-attachment-id=\"354097\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3648-e1688100886755.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Liz Chu Weave Living\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3648-e1688100886755-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3648-e1688100886755-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3648-e1688100886755-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Liz Chu Weave Living\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3648-e1688100886755-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3648-e1688100886755-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3648-e1688100886755-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/attachment\/img_3585-2\/'><img decoding=\"async\" data-attachment-id=\"354093\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3585-1-e1688100981667.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Carol Chow Lofter\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3585-1-e1688100981667-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3585-1-e1688100981667-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3585-1-e1688100981667-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Carol Chow Lofter\" 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data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Panel: Value-Add and Opportunistic Strategies\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3538-e1688100782488-400x267.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3538-e1688100782488.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3538-e1688100782488-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Panel: Value-Add and Opportunistic Strategies\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3538-e1688100782488-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3538-e1688100782488-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3538-e1688100782488-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/attachment\/img_3660\/'><img decoding=\"async\" data-attachment-id=\"354098\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3660-e1688100868464.jpg\" data-orig-size=\"780,1170\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Liz Chu Weave Living\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3660-e1688100868464-267x400.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3660-e1688100868464-683x1024.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3660-e1688100868464-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Liz Chu Weave Living\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3660-e1688100868464-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3660-e1688100868464-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/06\/IMG_3660-e1688100868464-260x260.jpg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>\ufeffFinding opportunities for value-add real estate strategies in Hong Kong requires in-depth knowledge of the local community in one of the world\u2019s most expensive cities, according to top developers and fund managers speaking at a panel this week.<\/p>\n<p>\u201cThe way&#8230;&nbsp;<a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/blackstone-weave-lofter-and-fairland-on-value-add\/\">Read&nbsp;More>><\/a><\/p>\n","protected":false},"author":12201,"featured_media":354026,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3456],"tags":[1473,5382,8998,694,6935,8380,8400,6412],"ppma_author":[8848],"authors":[{"term_id":8848,"user_id":12201,"is_guest":0,"slug":"beatrice-laforga","display_name":"Beatrice Laforga","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/d4be689d8f5a82939d685df6ef171fcb?s=96&d=mm&r=g","user_url":"","last_name":"Laforga","first_name":"Beatrice","description":""}],"_links":{"self":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/354028"}],"collection":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/users\/12201"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/comments?post=354028"}],"version-history":[{"count":0,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/354028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media\/354026"}],"wp:attachment":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media?parent=354028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/categories?post=354028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/tags?post=354028"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/ppma_author?post=354028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}