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2024 ULI Hong Kong Conference 2024 ULI Hong Kong Conference
1880 SOCIAL, Hong Kong, China October 23, 2024
Speaker

Mr. Benjamin Liang

Managing Director Magusta Group

With more than 20 years of experience in real estate, Benjamin oversees the global portfolio of value-added real estate plays at Magusta Group. As a property developer, Magusta specialises in refurbishments, re-purposing, site consolidation, redevelopment across a combination of residential, commercial and mixed-use buildings in Hong Kong, London, Vancouver, and Dubai. Benjamin is responsible for Magusta Group’s expansion into Dubai, building up a portfolio of residential properties and developments with most notable being Sea Mirror, an ultra-luxury villa development on Jumeriah Bay Island; following its successful launch, a second phase is currently underway. His role also spans into the group’s venture capital investment arm which includes but is not limited to PropTech and sustainable foods. He brings his experience and expertise in management as Deputy Chairman to Polytek Engineering, a company which specialises in commercial kitchen and laundry solutions. Clients in Greater China include Disneyland, Universal Studios, Venetian, MGM, Four Seasons, Mandarin Oriental, Grand Hyatt, Swire House Group, Coca-Cola, The Hong Kong Jockey Club and Hong Kong International Airport. In his spare time, he devotes his effort to social works and is member of Keel Foundation, a registered Hong Kong charity’s grant approval board focusing on education, childcare and grass roots level initiatives; in addition, he serves as trustee of Care for Children’s Hong Kong chapter which focuses on placing orphans into family-based care in Mainland China and across S.E. Asia. Benjamin received a B.S. (Business Administration & Finance) from the Marshall School of Business at the University of Southern California.

Speaking at

Wed 23 Oct 11:15 AM — 12:15 PM (GMT+08:00) Beijing, Chongqing, Hong Kong, Urumqi

Morning Breakout – IDEATE 2: Hong Kong’s Emergence as a Global Family Office Hub

Hong Kong is growing in prominence as a global hub for ultra-high-net-worth (UHNW) individuals and their family offices, and is already home to over 2,700 single-family offices managing between USD 10 million to USD 100 million of assets. This places Hong Kong alongside other renowned family office hubs such as Shanghai, Singapore, Dubai, and Sydney.

This surge in Hong Kong's family office ecosystem translates into significant real estate opportunities for investors and developers. As more UHNW individuals and family offices establish a presence in the city, the demand for high-end residential properties, luxury office spaces, and specialized family office facilities is expected to increase.

Join us as we hear directly from family office owners about their reasons for choosing Hong Kong, as well as the specific challenges and opportunities they see in this thriving market.