HONG KONG-Local asset manager Synergis has formed a strategic partnership with Seattle-based Kidder Mathews and Philadelphia-based Binswanger. The partnership will market property services to US investors seeking access to China properties, and Chinese investors seeking to invest outside of their country.

The two US companies had already formed a partnership a year ago to share contacts from both coasts, Kidder Mathews CEO Jeff Lyon tells GlobeSt.com. “We both realized we had a void in respective services to China,” he says. “One of our partners has been going to China for 35 years and built a relationship, and suggested Synergis, and they provided a really good fit.”

There’s an enormous demand by US investors to work with Chinese property, and the feeling is mutual by Chinese investors, Lyons says. “Everyone we talk to, China comes up in conversation,” he says. “There's a tremendous amount of Chinese firms trying to become international companies and want to expand, and we can help them on the West Coast. Binswanger is also working with significant users who want to enter the industrial market in China.”