Cheyenne Hollis | Nov 16, 2012 | Comments 0
SP Seita sees Australia and China as being prime locations for its portfolio expansion.
Malaysian property developer SP Setia Bhd is seeking to expand its property investment portfolio in Australia, said its president and CEO Tan Sri Liew Kee Sin.
The Sun Daily reported the group was also interested in expanding its footprint in the UK and China amid its venture in the development of the China-Malaysia Qinzhou Industrial Park.
"SP Setia's focus for the moment will be on property investment amid growing demand, especially from Asian investors," Liew said. "Asians love to buy properties and SP Setia wants to be part of the market."
SP Setia's customers continue to show interest in its properties in Australia, Singapore and the UK amid the improved lifestyle and a good long-term investment, Liew said.
SP Setia currently has two property projects in Australia, Fulton Lane and St Kilda Road.
Filed Under: Australia • Country News • Malaysia • News
Source: http://www.news.thethailandlinks.com/2012/11/20/sp-setia-plans-to-head-down-under/
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