Shui On China Central Properties Limited (SOCCP), a wholly-owned subsidiary of SOCAM, focuses primarily on the acquisition of medium-to-large-scale, partially-completed property projects in prime locations in major and secondary cities in the Chinese Mainland, which have become available largely as a result of their owners’ financial constraints. Once acquired, the projects will be upgraded and, upon completion, will either be sold or leased.

The distressed property development model is characterised by shorter project cycles and less cash-flow requirements than traditional greenfield developments, and thereby giving SOCCP a stronger cash flow for new project acquisitions and portfolio expansion.