Established 2004

RECAS
GROUP

Your strategic partner in real estate

Asset management, investment management & advisory services across Asia, UK and the US.

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Who We Are

Company
Profile

RECAS Global Limited (previously known as Real Estate Capital Asset Services Limited) was founded in 2004 by Chairman Ivan Ko to provide real estate asset management, investment management and advisory services to major industry players in Mainland China, Hong Kong and Macau.

Throughout these years, RECAS has successfully concluded deals with Lehman Brothers, Sino-Ocean Land, Gemini Investment Holdings, Glory Land Group and HKRI Group among others. In the past few years, RECAS has extended its business to the UK and US.

In 2010, together with the former Kowloon-Canton Railway Corporation (KCRC) Acting Chief Executive Samuel Lai and former KCRC Property Director Daniel Lam, RECAS Global formed RECAS Strategic Development Investment Management Limited, extending business to development management, targeting railway/subway related properties and large scale real estate projects globally.

New Deal Exchange

In 2016, RECAS developed a quick online/offline real estate deals matchmaking platform — aiming at facilitating investors and deal providers to connect within 24 hours on a global basis.

Burrell-RECAS Asia Limited

In January 2017, a joint venture was set up between the well-established US family Burrell and RECAS to form Burrell-RECAS Asia Limited, LLC — expanding our reach into the American market.

Strategic Development

Partnered with former KCRC executives to target railway/subway related properties and large scale real estate projects globally through RECAS Strategic Development Investment Management Limited.

20+
Years Active
5
Countries
B$+
Deal Value
Leadership

Chairman's Message

2019 is a year of changes! After several years of quantitative easing, real estate asset prices in this region is almost certain to experience consolidation or corrections, at least this is the case for mainland China and Hong Kong. Like it or not, some new styles of political leadership have rendered us confusing yet also presented us new opportunities. Technologies will increasingly play a key role in our future economy, not only Proptech but also many aspects of our lives like smart city, industry transformation and the ways we conduct business.

Hong Kong will have an important center role to play in the Greater Bay Area (9 cities in Guangdong province plus Hong Kong and Macau). It is time for all industry players, big or small, to rethink and plan our road ahead.

Some may say we need to fasten our seat belt, others may look forward to a big new trend come our way. No matter how you think and what you prepare to do, RECAS can be your partner along the way and be with you leveraging on our resources and expertise.

Feel free to share with us your plans and views. At RECAS, we are serious about your business and will work with you towards a brighter tomorrow.

IK
Ivan Ko
Chairman, RECAS Group
What We Do

Our Businesses

Comprehensive real estate services spanning asset management, development advisory, fund management and technology innovation.

Asset Management

Strategic real estate asset management services for major industry players across Mainland China, Hong Kong, Macau and international markets.

Investment Management

Fund management and capital raising services including partnerships with Grand China Fund and formation of Prosperity Risk Balanced Fund LP.

Advisory Services

Expert advisory on land acquisition, bidding strategies, consortium formation, and development management for large-scale real estate projects.

Development Management

Railway/subway related properties and large scale real estate development management, leveraging our partnership with former KCRC executives.

Technology / PropTech

New Deal Exchange — a quick online/offline real estate deals matchmaking platform facilitating investors and deal providers to connect globally within 24 hours.

International Ventures

Burrell-RECAS Asia Limited JV with the US Burrell family. Luxx Fund in Prime Central London. Tahiti Mahana Beach Resort development in French Polynesia.

Track Record

Project References

A portfolio of landmark projects spanning real estate advisory, development management and international ventures.

Hong Kong 2021

Site 3 — New Central Harbourfront

Appointed by Henderson Land to consolidate on 3 pillars — Arts, Heritage, and Fintech — for the HK$50.8 billion development. Henderson Land's bid scored 100 out of 100 marks. RECAS continues to provide strategic themed real estate with evolving and attractive life cycles.

Perfect 100/100 Score
Hong Kong 2017

HK International Airport — SKYCITY

Qualified by the HK Airport Authority as a developer for the 350,000 sq.m. destination. RECAS sourced 43 different IPs and partners including BBC Earth, Top Gear, SEGA Joypolis, Parsons Music, and Sherlock Holmes for the entertainment experience.

350,000 sq.m. Development
Hong Kong 2014

MTR LOHAS Park — Package Six

Formed a consortium with a state-owned enterprise and listed HK developer. RECAS advised on bidding strategies and acted as development partner. 147,400 sq ft site, 1,474,300 sq ft GFA, approximately 2,400 residential units.

2,400 Residential Units
United States 2014

Rosemont Realty — GP Platform Acquisition

Advised a major state-owned enterprise to successfully acquire the GP platform of Rosemont Realty in the US — a portfolio of 156 office buildings in 23 states (17.5 million sqft), with assets under management of US$2 billion.

US$2B AUM, 156 Buildings
French Polynesia 2015

Tahiti Mahana Beach Resort

Signed MOU with the French Polynesian government for a 64-hectare beach resort: 6 hotels (1,800 keys), vacation club (700 keys), condos (500 keys), 1 km Mahana promenade, shopping mall, marina, water park and conference center.

64 Hectares, 862,965 sq.m. GFA
Hong Kong 2014

King Yin Lei — Heritage Revitalisation

Acted as Managing Asset Consultant for this declared monument at 45 Stubbs Road — leading conceptualization and compilation of the full submission to the HKSAR Government under the Revitalisation Scheme (Batch IV).

Declared Monument, 4,910 sq.m.
Since 2013

Grand China Fund

Partnership with Grand China Fund (5B RMB AUM) for raising foreign capital to invest in property development projects in China. Chairman Ivan Ko is a member of the Advisory Committee.

2014

Yangon Central Railway

Consortium formed with China Railway International Group (CRIG) to bid the comprehensive redevelopment of Yangon Central Railways Station in Myanmar. RECAS acted as lead developer and sponsor.

London

Luxx — Prime Central London

Exclusive channel for a high-end residential heritage restoration and conversion fund in Prime Central London — acquiring heritage commercial buildings in prime addresses like Paddington and Westminster.

Our Team

The People

Led by experienced professionals with deep expertise in real estate, finance and development management.

IK

Ivan Ko

Chairman

Founder and Chairman of RECAS Global Limited since 2004. Under his leadership, RECAS has established strategic partnerships with major institutions including Lehman Brothers, Sino-Ocean Land, Henderson Land, MTR Corporation, and the French Polynesian Government. Member of the Advisory Committee of the Grand China Fund.

Get in Touch

Contact Us

Ready to discuss your next real estate venture? We'd love to hear from you.

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+852 9306 1948