Concord Pacific and HB Management to Become the Majority Shareholder in HQ Capital Real Estate
News provided by
Share this article
Share this article
MOVING FORWARD, CONCORD PACIFIC AND HB MANAGEMENT WILL MAINTAIN A CLOSE STRATEGIC RELATIONSHIP WITH GLOBAL INVESTMENT ADVISORY FIRM, HQ CAPITAL
NEW YORK, VANCOUVER, BC, SEATTLE, HONG KONG, June 9, 2021 /PRNewswire/ - Concord Pacific and HB Management today announced it has entered into strategic agreements to become a majority shareholder of HQ Capital Real Estate. HQ will continue to own a minority interest in the ongoing business and maintain a close partnership going forward.
Concord Pacific has always been active in multiple industries, including real estate development, hospitality, information technology, green energy, and telecommunication globally. Concord Pacific and HB Management have been looking for the right opportunity and the right partner to enter the real estate fund management business.