APREA China Autumn Conference

Sigrid is the Chief Executive Officer of Asia Pacific Real Assets Association (APREA). Based in Singapore, she is responsible for overseeing the strategic direction, initiatives and operations of the association across Asia Pacific. Under her leadership, APREA repositioned to an industry trade group focusing on real estate and infrastructure.

Sigrid joined APREA’s executive team in January 2019.

Prior to APREA, she served as Managing Director of Asia Pacific Research and Advisory Services of Cushman & Wakefield (C&W) from 2010 through 2018, where she was responsible for research, thought leadership, strategy formulation and client management.  Before relocating to Singapore, she was based in Washington, D.C. and led C&W’s U.S. research group in the Mid-Atlantic region, overseeing all aspects of market research activities in the Washington, DC; Virginia; Suburban Maryland, Baltimore; and Philadelphia areas. Prior to joining C&W, Sigrid served as a Senior Economist for the National Association of Realtors (NAR). In that position, she developed NAR’s office, warehouse, retail, multi-family housing, and international research programs.

A recognized expert in global economic, public policy and real estate issues, Sigrid is a frequent speaker at industry events.  Her commentary on commercial and residential real estate markets is also regularly featured in a wide array of global publications, including the Wall Street Journal, Financial Times, Bloomberg, New York Times and Reuters. Additionally, she has made several television appearances on financial networks and radio such as CNBC, Bloomberg, CNN, National Public Radio and Channel News Asia.

Sigrid holds a Master of Business Administration from Cornell University’s Johnson Graduate School of Management and a Master’s degree in Economics from Pennsylvania State University. She is a member of several civic groups including the Rotary Club of Raffles City in Singapore, where she has served in various leadership positions, and serves in the Executive Committee of the Crohn’s & Colitis Society of Singapore.

Having worked in China, the U.S., Hong Kong, Singapore, and Australia, Mr. Chen has vast and diverse experiences in real estate investment and financing, REITs, PERE fund management and asset management, real estate development, planning & design, and international business operations.

Mr. Chen is the Chairman & Chief Executive Officer of F.O.G. Capital & Asset Management Corp. (Fields of Gold Corp. - a real estate focused investment & asset management firm headquartered in Shanghai, China, and a Harvard China Fund partner for over 10 years) and the independent director of Yuexiu REITs (the World's first publicly listed REITs in Hong Kong in 2005 investing mainly in mainland properties). He also has been serving as the Development Head of China for a Top-10 Globally ranked real estate investment fund and as senior executive of one of the largest listed blue-chip real estate development groups in Hong Kong. He has also worked as senior architect in an international architectural firm in Boston, MA. USA.

Mr. Chen is a visiting professor at one of the top business schools in China- Cheung Kong Graduate School of Business (CKGSB). He was also a mentor for China Ren Min University’s MBA program. He teaches Real Estate and Capital Market related courses in Tsinghua University, Peking University, Shanghai Jiao Tong University and Tongji University. While living in the US, Mr. Chen was a Guest Lecturer at the BAC (Boston Architecture Center), where he taught architectural design and planning studios.

Mr. Li is a seasoned expert with comprehensive experience in REITs, asset securitization, investment management, and tax planning. Over the past decade, he has played an instrumental role in pioneering China's real estate financial innovations, including early-stage quasi-REIT asset securitization, public C-REITs, and alternative investment strategies.

Currently serving as Director of Board, Deputy General Manager, Managing Director, and Chairman of REITs Investment Committee at CICC Fund Management Ltd. (a wholly-owned subsidiary of China International Capital Corporation, CICC), Mr. Li leads the firm's C-REITs business, marketing initiatives and product development of investment portfolios. Under his stewardship, CICC Fund Management has solidified its position as China's premier public REITs manager, overseeing REITs assets exceeding RMB 30 billion. The company has been at the forefront of China's REITs market evolution, actively participating in landmark industry milestones such as the first public REITs IPOs and subsequent seasoned equity offerings (SEOs).

Mr. Li holds multiple globally recognized professional credentials including the Chartered Financial Analyst （CFA), Certified Public Accountant (CPA), and Certified Commercial Investment Member (CCIM) certifications. He completed his academic foundation at Renmin University of China (RUC), School of Finance, earning both Bachelor's and Master's degrees in Economics, before advancing his executive education through the EMBA program at Cheung Kong Graduate School of Business (CKGSB).

Executive Director of China Securities Co., Chief analyst of real estate and construction industry; Master of Finance from National Development Institute of Peking University. He has 15 years research experiences in real estate, property management and other sectors. As the leader of real estate research team, he has won the Golden Bull Award for Best Industry Analyst (Real Estate Industry) and New Fortune Finalist Award for Best Analyst (Real Estate Industry),and Institutional Investor-Caixin Finalist Achievement Award on the mainland for Capital Market Analyst (Real Estate Industry) and the Crystal Ball Award for several times. In addition to traditional real estate development, the team has considerable expertise in the research on diversified, innovative real estate businesses and property secure as REITs.

竺 劲

中信建投证券地产、周期及中小盘研究组组长，房地产及建筑行业首席分析师，北京大学国家发展研究院金融学硕士，专注于房地产、物业管理等行业研究，15年证券从业经验。多次荣获最佳行业金牛分析师奖（房地产行业）、新财富最佳分析师（房地产行业）、机构投资者·财新资本市场分析师成就奖（房地产行业）、卖方分析师水晶球奖（房地产行业）等奖项。注重产业研究，除覆盖传统开发商外，对房地产多元化、业务创新及以REITs为代表的地产资产证券化有深入研究。

Social positions: Member of the Beijing Chaoyang District Committee of the Chinese People's Political Consultative Conference; Director of the China Real Estate Association, Director of the China Institute of Real Estate Appraisers and Agents, Director of the Beijing Friendship Association For Non-Party Intellectuals, Director of the China Region of APREA (Asia Pacific Real Estate Association), and Member of the Valuation Committee for CSI Infrastructure REITs.

External practice mentor at Renmin University of China Business School, and industry mentor for the Guanghua School of Management, Peking University China REITs Pioneer Course.

Hu Feng has over 20 years of experience in the real estate industry. Since 2008, he starts participating in researching China's REITs. As the person in charge of REITs evaluation, he has led the asset evaluation of 38 Public REITs‌, including the first domestic Quasi-REITs product - CITIC Qihang in 2014, China Merchants SKP Quasi-REITs products, as well as the first batch of China Public REITs‌ in 2021, such as CICC ProLogis, China Merchants Shekou, China Resources Commercial Consumer REITs, CICC Yinli Consumer REITs, and CapitaLand Consumption REIT.

社会职务：北京朝阳区政协委员；中国房地产协会理事、中国房地产评估价与协会理事、北京市党外高级知识分子联谊会理事、APREA亚太房地产协会中国区理事、中证指数基础设施REITs评估委员会委员。

中国人民大学商学院外实践导师，北大光华中国REITs先锋课程行业导师。

胡峰拥有超过20年房地产行业经验，自2008年开始参与中国REITs研究，作为REITs评估负责人主导：2014年国内首单类REITs-中信启航产品、华贸SKP类REITs等，及2021年征集中国公募REITs中金普洛斯、招商蛇口、华润消费商业REITs、中金印力消费REITs、凯德消费REITs等38单公募REITs资产评估工作。

Jane Wu holds a Bachelor's degree in Business Administration and a Master's degree in Finance from Shanghai Jiao Tong University. She began her career in the Shanghai municipal government, where she spent five years gaining deep insight into public policy and institutional frameworks. From 2009 to 2013, she served as a tax senior manager at EY's Shanghai office, before relocating to EY London (2014–2016) to lead China Desk engagements, advising Chinese enterprises on outbound investment and cross-border structuring. Since 2017, she has held progressive leadership roles at a pioneering renewable energy company, serving as Global Head of Tax, CFO of the Southeast Asia region, and currently CFO of the power asset platform. With nearly two decades of experience spanning public sector, professional services, and corporate leadership, Jane brings a unique blend of tax expertise, cross-border perspective, and strategic financial acumen to the clean energy sector.

Lillian is Vice President of Green Street's Advisory Services Group and brings 12 years of investment experience. Lillian has underwritten and advised on investments across both traditional and non-traditional property types, including cold storage, data centers, farmland, healthcare, industrial, lodging, multifamily, office, retail, single-family rental, student housing, and mixed-use developments. Prior to joining Green Street, Lillian worked in private equity real estate in New York, including as an investment specialist at Cadre, and as an executive with Macquarie's real estate investments group. She began her career at PIMCO. Lillian is involved with CRE Finance Council (CREFC) and with Urban Land Institute (ULI), serving on the Leadership Council. Lillian earned an M.B.A. from Columbia Business School with a concentration in Real Estate Finance, and a B.A. in Computer Science and Economics from Dartmouth College.

Wei is a tax partner at EY Shanghai office. She has more than 20 years of professional experience in providing PRC tax and business advisory services to domestic and foreign clients, and is proficient in relevant tax laws, regulations, and implementation practice.

Wei’s expertise in tax planning and consulting includes group restructuring for IPO, due diligence and health checks, M&A-related structuring, outbound investment structuring, etc.

Wei has extensive experience in the real estate industry. She has been involved in providing tax due diligence and structuring services for numerous transactions across various property types, including residential, commercial, logistics, data center, white-collar apartments, parking lots, tourism parks, etc.

Wei also possesses deep tax advisory experience in real estate securitization, covering S-REITs, C-REITs, and Pre-REITs.

Heading is a leading provider of commercial digital intelligence solutions. Focused on technological innovation and value restructuring in the commercial sector, the company has over 30 years of experience in commercial operation management and digital intelligence transformation. Mr. Jiang Zuoliang boasts systematic management vision and profound frontline practical experience.

Heading serves thousands of commercial enterprises globally, including commercial real estate groups such as Swire Properties, Sino-Ocean Yinti, Longfor, Wuyue, Poly and Lujiazui, as well as chain retail brands including MINISO, Pop Mart, Lingshi Youming and Zhejiang Lianhua. Its business footprint covers more than 80 countries and regions. The firm partners with over 50% of China’s Top 100 commercial real estate enterprises and more than 40% of China’s Top 100 convenience store chains, serving as a core partner for numerous well-known commercial brands advancing digital intelligence transformation.

As a corporate leader and co-builder of the theoretical system for commercial digital intelligence, Mr. Jiang regularly publishes professional insights in domestic and international academic journals. He leads the development of industry practical cases featuring both educational value and actionable guidance. Many of these cases have been incorporated into the China Management Case Sharing Center, building an important bridge for two-way exchange and collaborative empowerment between academia and industry.

Mr. Jin Lianzheng is Director and Head of New‑Economy Business of Beijing Valuation & Advisory Services of Cushman & Wakefield. He is primarily responsible for acquisition due diligence, market research and database development for projects covering warehousing & logistics, industrial parks, data centers, rental housing and other asset classes. His clients include industrial operators, public‑offered funds and various types of investment institutions. He has been extensively involved in numerous projects such as asset sorting, public and inter‑institutional REITs issuance, M&A due‑diligence advisory, and asset performance optimization.

Hank Hsu is the Co-Founder and Chief Executive Officer of Forest Logistics Properties.  Formerly the Head of China Investments at Ascendas-Singbridge, an industrial and logistics real estate investment platform under Singapore’s sovereign wealth fund, Temasek Holdings, Hank has close to 20 years of experience in real estate investment and fund management. Prior to Ascendas-Singbridge, he served as Investment Director at China Orient Summit Capital (China) and Portman Group (US). He has completed and managed investment transactions totalling nearly USD 6.5 billion in logistics, industrial and mixed-use properties in China and the US. He holds an MBA degree from University of California, Berkeley, and a MDes (Real Estate) from Harvard University.