PLATFORMS
EXS has built a strong track record of successful partnerships with both management teams & investors, with over US$1 billion of completed & ongoing investments across Asia
ONGOING PROJECTS
Project Lemongrass
Location
Ho Chi Minh City, Vietnam
Business
Luxury residential, office & hospitality real estate developer
Background
SonKim Land was established in 2007 as a small family business, part of the SonKim Group and led by Chairman Tuan
After forming a partnership in 2013, EXS led 3 rounds of investment into the company over the course of 6 years, totaling nearly US$200 million of invested capital, and growing the company from 26 to 350 people
SonKim Land used the funds to develop various real estate projects in Ho Chi Minh City, and today is one of the leading real estate developers in Vietnam
Project Stratus
Location
Major cities across Asia & Europe
Business
Thematic, specialized data centre properties platform and developer, dedicated to serving hyperscale cloud providers and leading data centre operators with a focus in Asia Pacific & Europe
Background
Stratus was founded in 2016 as a partnership between EXS and an expert data centre management team led by Nigel Clarkson, who has over 20 years of experience in data centre investments & developments
Stratus has worked with a number of global investors to identify and secure exclusive access to data centre projects and tenants through existing relationships, with capability to provide comprehensive products that meet its customers’ needs
Stratus is not a data centre operator and does not compete with tenants in colocation/cloud business. Stratus aims to be the long-term property partner of its clients, leverage its expertise in sourcing sites outside their home markets, securing power & planning, and developing build-to-suit data centres (powered shells) in multiple locations across Asia Pacific, Europe & Africa, achieving true “resource augmentation” for global hyperscalers and DC operators
EPIC VCC Fund
The new EXS Property Innovation Concepts ("EPIC") VCC Fund provides investors the advantages of an onshore Singapore fund that is managed by a regulated manager and entered into the List of Restricted Schemes maintained by the Monetary Authority of Singapore, while allowing investors the flexibility to invest on either a deal-by-deal or managed basis. Within the EPIC VCC Fund, EXS is working on partnerships with "new economy", technology forward, “OpCo / PropCo” real estate businesses such as:
PROJECT VOYAGER
The Company is one of Southeast Asia's leading hostel operators, having organically grown across 6 countries since its founding in 2011. The Company successfully operates a unique & profitable experience-led business model, with a young and diverse customer base who seek to explore the region
In partnership with EXS, the Company is expanding its presence across the region, building a strong tech ecosystem, and acquiring the underlying property to capture the full value uplift generated as a result of its strong guest traffic
PROJECT ACWA
EXS is forming partnerships with leading Asian co-working operators to consolidate and reorganize the sector to form the Asia Co-Working Alliance (“ACWA”), with a goal to be Asia's prohibitive market leader
ACWA intends to consolidate an initial 100+ co-working sites across Asia, transforming the business from a traditional leasehold / hotel management model into an owner-operator model through the purchase, development and management of the underlying property
PROJECT ZOEYI
EXS sponsored integrated fitness, nutrition and wellness community ecosystem with physical spaces and online presence across Asia
EXS TRACK RECORD
SENIOR MANAGEMENT TRACK RECORD
Shui On Land
Convertible preferred investment into successful new China venture by leading Hong Kong developer
US$4 billion IPO in Hong Kong
Asia Broadcast Satellite
Creation of leading Asian satellite company by combining experienced team + distressed satellite assets
Exit to PE firm via trade sale
Harbin Brewery
Consolidated many local breweries into regional leader for exit to global players
Sold to Anheuser-Busch
Securus Data Property Fund
Pan-Europe/Asia data centre fund; whose assets formed part of the portfolio of Keppel DC REIT, the first pure-play data centre REIT in Asia
50% stake in management platform sold to Keppel
Project Arsenal
Location
Tokyo, Japan
Business
Takeover of listed Tokyo residential REIT & REIT manager
Background
The residential's sponsor was badly hurt by the 2008-09 downturn in the Japanese property sector and was perceived as "weak"
As a result, the REIT units were trading badly, and punitive interest rates were imposed on the REIT debt by the bank
While several other parties were interested in taking over the REIT, EXS successfully worked with the REIT sponsor’s CEO and senior management to close a deal where an activist investor acquired a large portion of the REIT units from the REIT sponsor and other investors to acquire an effective controlling stake
Project Byblos
Location
China
Business
Buyout of distressed shareholder in residential development
Background
Property development business was restricted due to the distressed situation of the existing foreign shareholders
The company's management was looking to acquire full control of the company and expand the business
EXS engineered a preferred structure and successfully led the offshore financing, enabling the management team to achieve their goal and providing investors with strong IRR and share of the additional profits
