This event is organised by the British Chamber and the Canadian Chamber
SSAA Representatives have been invited to speak at a joint event organised by the British Chamber of Commerce in Hong Kong and the Canadian Chamber of Commerce in Hong Kong. SSAAHK President Kevin Chan (Chairman, Storefriendly), Pak Man Yuen (Principal, Blackstone), Rosanna Tang (Head of Research for Hong Kong & Greater Bay Area) Colliers will discuss why Self Storage has outperformed a wide range of asset classes during the pandemic. Panel will be moderated by Andrew Work (Executive Director, SSAA).
SELF STORAGE: THE BEST PERFORMING PROPERTY ASSET IN ASIA
Self Storage has outperformed a wide range of asset classes during the pandemic, as people made space in their living quarters to work from home and attend online classes. Traditional businesses looked to storage solutions for downsizing, while rising e-commerce companies utilised them as warehouses. Private equity firms have taken note and piled into the sector in Hong Kong and abroad.
Should landlords be welcoming storage solutions into their tenant mix? Investors, commercial lenders and insurance companies are keen to participate. Join our expert speakers as they give an overview of the sector, discuss some of Hong Kong's unique market characteristics and explain why Blackstone, Heitmann, Gaw Capital, Warburg Pincus and others have made the move into self storage.
About the speakers
Kevin Chan
Chairman and Founder, Store Friendly Self Storage Group
Vice Chairman, Self Storage Association Asia
President, SSAAHK
Kevin Chan is the Chairman and Founder of Store Friendly Self Storage Group, which was founded in 2002. Being the largest self-storage provider in Asia, Kevin expands over 130 branches covering Hong Kong, Macau, Taiwan, Shanghai and Singapore. He continues to launch innovative services and established a variety of themed storage such as red wine storage, bicycle storage & hobbies storage, catering for the needs of different customers. Kevin was the first person to adopt smart security system in self-storage business, which features dehumidification by air conditioner, restricted access to facilities by Smart Cards & 24-hour online surveillance. As service quality is of utmost importance, he provides a variety of choices, affordable rental, convenience, safety, privacy, preferable location as well as a good environment, helping people to solve their clutter problems and maximizing their living space. Kevin has successfully expanded his business through franchising. The number of branches has grown from 3 to over 100 (from 2002-2016), with the storage rental area increasing by 40 times. Currently, his business has served more than 100,000 clients and garnered 25% market shares in Hong Kong.
Rosanna Tang
Head of Research for Hong Kong & Greater Bay Area, Colliers
Rosanna Tang joined Colliers in 2019 as the Head of Research for Hong Kong & Greater Bay Area. With 15 years’ research experience, Rosanna has a deep understanding of all property sectors, research products and client requirements. With specific expertise in Office, Retail, Industrial and Hotel, Rosanna has continued to excel and is considered a leading authority on Hong Kong’s growing data centre market. Prior to joining Colliers, Rosanna worked in the Corporate Planning & Strategic Investment Department of Sun Hung Kai Properties where she led and contributed to research analysis for Hong Kong and overseas property markets.Rosanna graduated from Peking University with a Bachelor of Law degree majoring in Political and Public Administration and a double degree in Sociology, with a Master of Finance from the University of Michigan.
Pak Man Yuen
Principle, Blackstone
Pak Man Yuen is a Principal in Blackstone's Real Estate group. Since joining Blackstone in 2013, Mr. Yuen has focused on acquiring and managing real estate investments in Greater China. Before joining Blackstone, he was a member of the acquisitions team at Morgan Stanley Real Estate Investing. Mr. Yuen received a BS in Computer Science and MS in Management Science & Engineering from Stanford University, where he graduated with distinction, was elected to Phi Beta Kappa and was a Terman Scholar. He currently serves on the board of Tysan Holdings.
Andrew Work
Executive Director, Self Storage Association Asia
Andrew Work is the Executive Director of the Self Storage Association Asia. The SSAA's core membership comprises operators, suppliers and investors in the alternative real estate class of self storage and valet storage. This membership stretches from Japan to Indonesia in the east to Jordan and Dubai on its western bounds and it welcomes members from around the world. Webinars, an online library of relevant educational resources, an Annual Survey of Operators, direct networking and a legendary annual Expo are all part of how members connect, learn and grow. Andrew is also a co-founder of The Lion Rock Institute (est 2004) and Harbour Times (est 2013, sold 2021). He is the former Executive Director of The Canadian Chamber of Commerce in Hong Kong (2007-2012) and currently sits on the Real Estate Committee of that Chamber. These roles have seen him engage in a wide range of policy issues pertaining to Hong Kong governance and business.
Details
Date: 16 Nov 2021 (Tue)
Seminar Time: 8:00am - 9:15am (HK time, GMT+8)
Venue: Victoria Suite, The Hong Kong Club
1 Jackson Road, Central
Ticket: Britcham & Cancham Member: HK$480
Non-Member: HK$600
Ticket includes a full hot English breakfast buffet.
This event is organised by Britcham and Cancham, hosted by David Graham.
Please note that Hong Kong Club will require guests to be fully vaccinated 14 days prior and proof of vaccination. LeavehomeSafe app is also required to enter the Hong Kong Club. Business Attire is required by the Hong Kong Club - collared shirts must be worn by men, and jeans, sandals and sports shoes are not permitted. To see the full list of club rules on dresscode, please click here.
For any queries, contact Catherine (catherine@britcham.com) or Sonya (eventsmembership@cancham.org)
This is a joint event of:
