Rycal Group, a leading global sustainable land and property investment firm, today announced it has expanded into the Asia Pacific (APAC) region with new offices in Singapore and Shanghai, China. The company has also hired Richard Seow, an industry veteran with experience in real estate investment within APAC, as Vice President to lead both offices.
Seow joins Rycal Group with more than 15 years of business development and sales experience in real estate investment within the APAC region, and brings with him an extensive business network throughout China, Taiwan, Southeast Asia, and Australia. He holds an MBA in International Business and an Engineering degree from California State University.
"I am excited to join Rycal Group and to begin working with such an established team of real estate and property experts," said Richard Seow, Vice President, Rycal Group. "Rycal Group has a fantastic portfolio of product offerings well suited for investors around the globe. I look forward to the opportunity to lead operations in the APAC, a region I know well, and to leverage my expertise to help the Company continue its growth worldwide."
The expansion into APAC will allow Rycal Group to reach an affluent market seeking out alternative investments, particularly in China, where investors spent $300B on U.S. real estate from 2010 to 2015 alone. The Company will aggressively establish its foothold within the region by working directly with brokers and clients to market its commercial properties in the U.S., while also conducting road shows and launching new products.
"We are proud to open our new offices in Singapore and China, and to expand the Rycal footprint into the eastern hemisphere. We identified the APAC region as being important to the growth of our Company and look forward to working with investors there to diversify their portfolios and begin investing in real estate," said Simon Calton, founder and CEO, Rycal Group. "We are also thrilled to have Richard join Rycal to lead our expansion efforts in the APAC region. His vast experience in real estate throughout Asia and beyond will be a tremendous asset to our Company moving forward."
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