Chicago-based real estate network Luxury Portfolio International recently set up a corporate office in Singapore to extend its coverage to established and emerging Asian markets.

The company, which specialises in USD1 million plus homes, will focus on Asia-Pacific investors from Hong Kong, mainland China, Japan, India and New Zealand, and will target the region’s rising property hotspots such as Indonesia, Malaysia, Thailand and the Philippines.

“Our members have embraced our efforts to reach Asian consumers and strive for a better understanding of their cultural preferences, as they recognise the potential impact on their businesses,” Stephanie Pfeffer-Anton, executive vice-president at Luxury Portfolio, said in a statement.

The company recently announced its participation in the upcoming Luxury Portfolio Immersion Conference in China—home to some one million Chinese millionaires—on 20 to 22 July, in order to better understand the growing power of Chinese investors.

Luxury Portfolio International, the luxury marketing arm of Leading Real Estate Companies of the World, operates in 30 countries and has produced an estimated USD314 billion in sales last year via 200 luxury affiliates around the world.

Source: www.property-report.com