Chester Foo, Head of Investment, North Asia, Frasers Hospitality
Chester is the Head of Investment, North Asia at Frasers Hospitality. He leads the investment strategy implementation including acquisitions, portfolio management and capital partnerships for North Asia region, and is also responsible for Frasers Hospitality’s corporate strategy planning and portfolio strategy formulation.
Chester has extensive experience in the industry across multiple regions, predominately in the Asia Pacific real estate market, and has executed and managed over US$6 billion investments across lodging, industrial, commercial, and residential sectors. He holds a Master of Science in Real Estate Development from Massachusetts Institute of Technology.
Frasers Hospitality is a multinational hospitality real estate company which invests, manages, and operates hotels, serviced residences, and premium rental apartments. Harnessing synergies across its distinct capital management platform and operation management platform, Frasers Hospitality have since 1998 grown from two properties in Singapore to more than 100 properties in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa. It is now one of the world’s largest and fastest-growing providers of serviced and hotel residences, as well as an established capital manager in the lodging sector.
Frasers Hospitality pursues mutually beneficial long-term collaborations with capital partners to help add value to their investments with the aim of delivering quality and sustainable returns by leveraging on Frasers Hospitality’s seamless and integrated investment model, and long-standing operational expertise. As at 31 March 2023, Frasers Hospitality’s capital management platform manages S$4.7 billion in assets, and its operation management platform manages over 20,000 units including those of pipeline projects.
Frasers Hospitality is a strategic business unit of Frasers Property Group, a multinational investor-developer manager of real estate products and services across the property value chain. The Group, headquartered in Singapore and listed on the Main Board of the Singapore Exchange, operates across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. With assets under management of S$47.3 billion as at 31 March 2023, it also manages 5 REITs listed in Singapore and Thailand.
For more information, please visit www.frasersproperty.com and www.frasershospitality.com/en, Frasers Property LinkedIn and Frasers Hospitality LinkedIn.
Past Mingtiandi Events
Hong Kong Forum 2023 — Mainland China Investment Opportunities
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