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March 01, 2012

Binswanger and Kidder Mathews Form Strategic Alliance with China-Based Firm, Synergis

The Registry

Binswanger and Kidder Mathews are pleased to announce the formation of a strategic alliance with Synergis, one of China's leading facility and asset management services firms.

This initiative will focus on filling the significant void in existing services for the location of industrial manufacturing sites; distribution sites, and construction services, inside China. It will also serve the many Chinese companies looking for such space and also for investment and other real estate opportunities within the United States and worldwide.

The firms will offer real estate advisory services to clients having both industrial and commercial real estate needs, both in China and internationally. Kidder Mathews will provide services through 9 offices on the West Coast, while Binswanger will provide support throughout the balance of the Americas, Europe, and Asia, and Synergis will deliver the services throughout their offices in China.

Services provided by the firms will include leasing, sales, asset management, consulting, and corporate advisory services for industrial, office, retail, investments, life science, and technology properties.

The venture will focus on the markets of Shanghai, Beijing, and Shenzhen, and will also cover Hong Kong, Qingdao, Foshan, Dalian, Handan, Xian, Guangzhou, and Suzhou.

Customers will further be provided with a unique service platform through Binswanger's existing relationships with CH2M Hill's Industrial and Advanced Technology Group with expertise in Technology, Life Sciences, Automotive, Logistics, Operations; and also with GoIndustry-DoveBid, the global providers of engineering and plant and equipment/machinery services. Binswanger, Kidder Mathews, and Synergis can thus achieve the highest positive impact on company performance for their clients, such as Amgen, Johnson & Johnson, IBM, and Bombardier, to name a few.

Binswanger and Kidder Mathews have a strategic alliance which provides global commercial and industrial real estate corporate advisory services.

Headquartered in Philadelphia, PA, Binswanger is an international full-service real estate organization with offices worldwide throughout the United States, Canada, Latin America, Europe, the Middle East, and Asia. Binswanger offers comprehensive real estate services including advisory/consulting, property acquisition and disposition, location consulting, management services including facility and project management, financial services, and valuation. Founded in 1931, the company has completed thousands of transactions for billions of dollars across a diversified portfolio of businesses. Binswanger serves a vast number of the Global 1000 companies and completed over 11 billion dollars in activity last year.

Kidder Mathews is one of the largest independently owned commercial real estate firms on the West Coast, with over 400 real estate professionals and staff in 9 offices in Washington, Oregon, and California. Kidder Mathews offers a complete range of brokerage, appraisal, property management, consulting, sustainability, and project and construction management services for all property types. The firm performs $1.9 billion in transactions, manages over 22 million square feet of space, and conducts 1,100 appraisals annually.

Synergis Holdings Limited is at the forefront of asset management services in Hong Kong and mainland China. Synergis' services span every stage of the property development process, from pre-management and consultancy, through pre-sale promotion and leasing, to management and maintenance of a competed building and facility. Synergis provides their clients a total solution.

Founded in 1978, Synergis was the first company of its kind listed on the Hong Kong Stock Exchange in 2003. Today they employ over 6,000 staff and manage over 385 properties and facilities in Hong Kong and mainland China, including over 165,000 residential units, 75,000 car park spaces and 144 million square feet of residential, commercial and industrial facilities from both the public and private sectors. Synergis' customers include private residential owners and owners' corporations, government organizations, educational institutions, landlords, developers and investors.

In 2008, Synergis was acquired by Hsin Chong Construction Group Ltd., one of the leading providers of construction services in Asia.

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