By collaborating with prestigious developers, operators and asset management companies, we select quality properties in the US and Europe as investment targets and potential seed projects for fund products;
US Fund: We are jointly sponsoring the COS-Portman US Real Estate Fund I with Portman Holdings to invest primarily in selected off-market repositioning and development projects in US Tier 1.5 and Tier 2 cities. Currently we have closed three seed projects for Fund I and have locked up several seed projects for a second fund.
Apart from our fund with Portman, we are also preparing to set up a value-add fund targeting US gateway cities, following the closing of our first deal fitting this strategy: AON Center, the second tallest office building and a trophy landmark in Chicago;
European Investment: We are evaluating quality investment opportunities in the gateway cities of Europe with various potential European partners, with a focus on core and value-add properties;