Why did ara Asset Management Company Li Ka-shing?

ARA Asset Management Co., Ltd. ("ARA Group") is a well-known real estate fund management company in Asia. Co-founded by Mr. Lin, the president of the group, and Cheung Kong Industrial Group, a well-known Hong Kong consortium, it took the lead in listing on the Singapore Stock Exchange. After rapid development in recent years, by the end of June, 2008, 65438+February, 3 1, the total assets managed by ARA Group had increased to 8.5 billion US dollars (about 58 billion RMB). At present, ARA Group owns three listed real estate investment trusts, namely Zhifu Trust and Cinda Trust listed in Singapore, Hongfu Trust listed in Hong Kong and AmFIST listed in Malaysia, covering office buildings, businesses, industries and other property types. The flagship real estate private equity fund-Yateng Fund invests in Singapore, Hongkong, China, Malaysia and other emerging economies in Asia; And-ARA Asia Asset Income Fund, a professional stock fund, mainly focuses on listed stock securities such as real estate investment trusts, infrastructure and utility trusts in the Asia-Pacific region.

ARA is a subsidiary of Changjiang Industry, a subsidiary of Li Ka-shing, a Hong Kong tycoon. It was co-founded by Lin, CEO of ARA Asset Management Company, and Changjiang Industry in 2002. The shareholding ratio at that time was 7: 3. In 2007, ARA was successfully listed on the main board of Singapore Stock Exchange. In June, 2007, ARA completed the third fund-raising, * * * raising165438+300 million US dollars, and the total management funds expanded to 8.5 billion US dollars.

At present, Cheung Kong owns 65,438+05.6% of ARA, and Lin Hui owns 36.4% of China Real Estate. ARA's main businesses include: managing private equity funds, REIT and investing in Asian real estate. Operating and managing REITs is ARA's core business. At present, ARA has four listed real estate investment trusts-

Most properties of Xinda Real Estate Investment Trust and Fortune Real Estate Investment Trust listed in Singapore, Hongfu Real Estate Investment Trust and AmFIRST Real Estate Investment Trust listed in Hong Kong. REIT assets listed in Malaysia come from Cheung Kong, including office buildings, retail business and industrial real estate, and are distributed in Singapore, Hongkong, Malaysia and China.