Ang will help to evaluate and approve deals, spot future market cycles and opportunities, and advise business development strategies, says RealVantage. (Picture: Samuel Isaac Chua/The Edge Singapore)
SINGAPORE (EDGEPROP) - Local real estate investment platform RealVantage announced that Ang Wee Gee, the former CEO of Keppel Land, has joined the company as an advisor and an investment committee member.
“I am impressed with RealVantage’s business model – a unified real estate investor platform that allows the man in the street to participate in large-scale real estate projects with smaller quantum investments,” says Ang.
According to a press release by RealVantage on May 5, Ang will help to evaluate and approve deals, spot future market cycles and opportunities, and advise business development strategies. He will also assist in deal origination, particularly in greenfield projects in Singapore and the region, to further augment the investment platform’s range of investment offerings.
“(Ang’s) appointment will lend more weight towards ensuring RealVantage offers real estate investment opportunities with attractive margins to our investors,” says Keith Ong, co-founder and CEO of RealVantage.
Over the past three years, RealVantage has built a portfolio of 25 deals across different geographic areas and has a total equity under management of more than $40 million.
In January this year, RealVantage achieved a milestone when it was granted a capital markets services licence from the Monetary Authority of Singapore. This allows its investment platform to be open to retail investors in Singapore.