01. juwai-intro-2016-about juwai
TRANSCRIPT
Juwai.com Global Reach JUWAI.COM GLOBAL PROPERTY PLATFORM
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2.6 million Chinese consumers coming to Juwai.com each month
2.5 million property listings from
89 countries displayed on the site
and mobile app
Chinese consumers from
165 countries & 403 cities in China
* 2014 direct consumer enquiry based on property price through Juwai Call Centre and measured broker information provided online ** USD$900,000 average property price
Juwai Chinese Consumers CHINA’S BUYING POWER
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$220B
0
50
100
150
200
250
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
BIL
LIO
NS
(USD
)
Chinese Outbound Real Estate Investments
2014 2020 2010
$5B $52B
Large China population base
1.35 billion Source: Euromonitor International
China internet users
618 million Source: CNNIC
China mobile internet users
500 million Source: CNNIC
Sources: Knight Frank Wealth Report 2015 (Note: UHNWI= person with net wealth over $30 million, Centamillionaires=persons with net wealth over $100 million, Billionaires=persons with net wealth over $1 billion); Pew Social Trends Report, NBC News (25 August 2014)
Juwai Chinese Consumers CHINA’S BUYING POWER
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Sources: NAR; Juwai.com consumer survey (1 January – 31 December 2014); Zillow median home price
Most Trusted Brand by Chinese Globally MARKET LEADERSHIP
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Data as of 30 April 2015 from Baidu.com
Baidu ranks Juwai.com as a Premier trusted site for consumers with a high V2 ranking
Juwai.com is ranked #1 by China internet ranking firm CNZZ
China E-Commerce Association’s 2014 “Most Influential Overseas Property Portal”
2015 “Most Exciting International Portal to Watch”
Juwai.com is named a Red Herring 100 Global company
Where Chinese Looking From Globally
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403 cities within CHINA
Over 89 countries AROUND THE WORLD
CHINA HAS:
• 34 provincial administrative units
• 23 provinces
• 4 municipalities
• 5 autonomous regions
• 2 special administrative regions
2015 Juwai.com data
Juwai Chinese Consumers BASED ON 30,000 INTERVIEWS WITH CHINESE BUYERS
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Savvy Investors Prolific Shoppers Mobile Savvy Intrepid Travellers Lifestyle-focused
LIFE STAGE AGE
63% have kids
78% are married
41% attended College / University
READINESS TO INVEST
28% 38%
33%
<34 35-45 46+
3% 7% 21%
69%
> 1 month < 3 months < 6 months 1 year
36% Investment
34% Emigration
18% Education
7% Lifestyle
5% Other
53% female
47% male
4% 0 times
57% 1-2 times
38% 3-5 times
1% > 6 times
OVERSEAS TRAVEL
INVESTMENT PURPOSES
2014 Juwai.com data
2.6 million Chinese consumers visits monthly
$2.6 million Average Budget
$933,723 Average Property Price
3 Key Chinese Consumer Segments
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MAINLAND CHINESE BUYER
• Living in mainland China
• Looking at properties overseas
• E.g.: Chinese buyer in Qingdao looking at property in US
INTERNATIONAL CHINESE BUYER
• Living outside of mainland China
• Looking at international properties located outside the country they’re living in
• E.g.: Chinese buyer in Australia looking at property in Italy
DOMESTIC CHINESE BUYER
• Living outside of mainland China
• Looking at domestic properties located in the country they’re living in
• E.g.: Chinese buyer in UK looking at property in UK
Where Chinese Looking From for US ACCESSING UNITED STATES THROUGHOUT CHINA – BY PROVINCE
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China United States Hong Kong Taiwan Canada South Korea Japan Australia Singapore Macau Venezuela
CHINA 87%
OTHER 13%
UNITED STATES
87% Viewers from China
China United States Australia Taiwan Canada Hong Kong Indonesia New Zealand United Arab Emirates United Kingdom Brazil
NEW YORK
CHINA 78%
OTHER 22%
China United States Canada Hong Kong Brazil
ORLANDO
China United States Canada Hong Kong
SEATTLE
China United States Canada Taiwan Hong Kong New Zealand Australia Germany
DETROIT
China
United States
Hong Kong
Germany
SAN FRANCISCO
CHINA 87%
OTHER 13%
China United States Canada Japan Hong Kong Taiwan Singapore Philippines Uzbekistan Thailand
LOS ANGELES
CHINA 89%
OTHER 11%
CHINA 90%
OTHER 10%
CHINA 74%
OTHER 26%
CHINA 89%
OTHER 11%
Juwai Value of Leads SOURCES & VALUE OF LEADS – US TOP 6 CITIES (Currency in USD)
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2014 Juwai.com data
Chinese Interest in US Property
Total Consumer Enquiry Value for US Properties:
USD 158.5 Billion
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2015 Juwai.com data
Not All Chinese Are the Same Different Budgets, Locations, and Motivations
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Ms. Hao US$2.17 million
My child is doing his Master's degree
in Wellington. He already has
Australian permanent residency, but
wants to settle in New Zealand
instead. He wants a property in a
good neighbourhood, with a
convenient location, and with a
garden for flowers & vegetables. A
resale property is also ok.
Location: Dalian, Liaoning Province
Interested Location: Wellington, New Zealand
Property Type:
Convenient location and good neighbourhood
Budget: US$2.17 million
Purpose: Education & Lifestyle
Mr. Zhang US$900,584
I’m seeking a house or an apartment
in Vancouver for investment. It must
have at least two bedrooms and be
easy to rent out. My budget is C$1
million (US$900,584).
Location: Shanghai,
Shanghai Municipality
Interested Location:
Vancouver, Canada
Property Type:
Detached house near
school
Budget: US$900,584
Purpose: Investment
Mr. Fang US$6.03 million
I’m a permanent resident of Australia,
and ready to purchase a property in
Melbourne for self occupancy.
Location: Tianjin, Tianjin Municipality
Interested Location: Melbourne, Australia
Property Type:
Property for residence
Budget: US$6.03 million*
Purpose: Lifestyle
Ms. He US$310-350 million
I’d like to buy a Beverly Hills
mansion with an internal size of
4500sqm and a budget of US$10-50
million. Additionally, I also want to
purchase a five-acre land near the
seaside in Greenwich, Connecticut.
My total budget is US$300 million.
Location: Shenzhen, Guangdong
Interested Location: Beverly Hills, CA
Property Type:Bevery Hills mansion + 5-acre land by sea
Budget: US$10-50 million + US$300 million
Purpose: Lifestyle
Ms. Xiang US$1.91 million
I’d like to buy three apartments
worth €250,000 each (US$318,909)
or a three- or four-bedroom villa
with a budget of €750,000 (US
$956,850) in Glyfada, Greece under
the investment immigration
programme. The property must be
conveniently located with great
amenities.
Location: Changzhou, Jiangsu Province
Interested Location: Glyfada, Greece
Property Type: Villa or 3
apartments, convenient location and great amenities
Budget: US$956,850 /
US$318,909 x 3
Purpose: Investment & Immigration
Mr. Zhao US$1.89 million
I want to retire in Japan and am
looking for a property there.
Location:
Guangzhouo, Guangdong
Interested Location: Japan
Property Type: Property for retirement
Budget: US$1.89 million*
Purpose: Lifestyle
*Average budget based on where the Juwai consumer is from.
How Chinese Make Contact
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If you are not on Juwai.com, Chinese buyers cannot see you.
Browse Juwai.com: Chinese buyer browses for property on Juwai.com, and may also spend time researching how to buy property.
Juwai Chinese Consumer Support Centre: Then they call the Juwai Chinese Consumer Support Centre, our team in Shanghai which speaks with the buyer and translates the enquiry to English.
Contact Broker: Chinese buyer and their translated enquiry are sent to you.
THROUGH JUWAI CONSUMER SUPPORT CENTRE IN CHINA
Browse Juwai.com: Chinese buyer browses for property on Juwai.com.
View Online Listing Information: They inspect the Property Details pages and Chinese Company Pages to assess properties of interest and the sellers' credentials.
Collect Research: They compile research and contact information from the Chinese Company Page and Property Details Pages in preparation for a trip to that country.
Contact Broker: The Chinese buyer contacts the broker upon arrival to the country, or just before they fly over. Or, they may just show up at the office location!
IN PERSON IN COUNTRY
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2
3
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Browse Juwai.com: Chinese buyer browses for property on Juwai.com.
View Online Listing Information: They inspect the Property Details pages and Chinese Company Pages to assess properties of interest and the sellers' credentials.
Send Local Family & Friends: They pass the information to someone they trust – like family or friends living there – to investigate further on their behalf.
Contact Broker: Chinese buyer's family or friend makes contact to ask about or inspect a property on the buyer's behalf.
THROUGH FAMILY & FREINDS IN COUNTRY
1 1
2
2
3
3
4
2015 Juwai.com data
Juwai Ecosystem BRIDGING INDUSTRY & CONSUMER
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Juwai.com Channels HOW JUWAI.COM REACHES CHINESE BUYERS
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Chinese Website Over 2.5 million property listings spanning across 89 countries
Email Direct Marketing (EDMs) Ongoing direct marketing campaigns to our database of high-net-worth Chinese consumers
Chinese Social Media We attract the largest Chinese social media community focused on international property
Specialty Online Channels Dedicated special channels: Global New Developments and Juwai Luxe
China Events & Expos Exclusive invitations and events through our private networks
Mobile Fully integrated Juwai Chinese Mobile Site, and Chinese app for international residential property with GPS and WeChat social channel integration
Offline Media Partners Leading Chinese magazines that publish Juwai.com editorial and listings content
Online Media Partners Online content partners such as Chinese luxury e-commerce giant, VIP.com – with 70% of China’s online shoes & apparel sales
Juwai Platform CHINESE CONSUMER & LANGUAGE SUPPORT
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Chinese Buyer
Enquiry sent to Juwai
Translated and sent to you
International Agent
CHINESE CONSUMER SUPPORT CENTRE INTERNATIONAL ACCOUNT MANAGEMENT TEAM
CHINESE CONSUMER SUPPORT CENTRE
• Enquiry support for all listings on Juwai.com by Shanghai team
• Enquiries translated and then sent to you for follow up
Public Relations
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Our International and China public relations teams will work with you to
raise awareness and to communicate
your success at working
with Chinese investors. In China, our PR
goal will be to raise awareness and
appetite for commercial real estate via the listings provided by your portal.
Our PR effort will always proceed only with your permission and
approval. Resultant media coverage
may be generated in the US, Mainland
China, Greater China, and in
international media such as Bloomberg, Reuters, and CNBC.
CHINA In China, the PR effort will focus on
stories oriented to business and consumer
audiences, with angles that highlight the
advantages of commercial investment compared to
residential and reasons to invest in US commercial property.
UNITED STATES In the US, the PR effort will also focus on important
business and lifestyle outlets. Stories will emphasise Chinese interest in property, success in targeting
this buyer group and trends in Chinese purchases
of real estate.
COLLABORATION Our public relations team will liaise with your own
team, to ensure that all media materials meet your
approval prior to public release. This will allow you
to benefit from the media coverage Juwai.com can
help generate while strictly controlling your brand.
Global Media Coverage GLOBAL AND CHINESE MEDIA
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Buying a college-town apartment – while Junior is in diapers 10 APRIL 2014
China's 10 favourite countries for real estate 17 SEPTEMBER 2014
澳大利亚成为中国人第二大海外 居所购买地 24 APRIL 2014
澳媒:中国富豪热衷购买澳洲房产 2 FEBRUARY 2014
Why Chinese money is flooding American markets 17 SEPTEMBER 2014
The top overseas markets for China's property investors 12 NOVEMBER 2014
Australia startled by foreign investment; Properties 25 APRIL 2014
China's wealth finds home in Washington state 20 DECEMBER 2014
Tasmanian real estate on China's radar after Xi Jinping visit 3 DECEMBER 2014
Interview: Juwai CEO Simon Henry 6 DECEMBER 2014
上海人:美国 深圳人:澳洲 29 MAY 2014
《热点透视》中国如何吹大伦敦房价 14 APRIL 2014
Chinese homebuyers are flocking to these US states 23 JULY 2014
Cooling measures in Asia spur capital flows to the West 27 MAY 2014
Idealista da el salto a China: comercializará sus inmuebles en España, Italia y Portugal de la mano de Juwai.com 6 MAY 2014
海外也有学区房 28 APRIL 2014
Social media fuels Chinese overseas real estate purchases 26 APRIL 2014
ABC News with Juwai.com's Simon Henry 27 NOVEMBER 2014
Immobilien; Londoner Bürotürme sind Magnet für Investoren
1 OCTOBER 2014
How China is stoking London's housing bubble 14 APRIL 2014
TRACK RECORD In the year-to-date through October 2015, Juwai.com’s international media coverage achieved an equivalent value of $86 million dollars, according to Meltwater’s independent method of measuring public relations success. Our worldwide coverage includes the globe’s most respected outlets, such as CNBC, CNN, Bloomberg, The Wall Street Journal, Reuters, The New York Times, Los Angeles Times, the Daily Mail of London, the Times of London, the Economist Intelligence Unit, and the Financial Times. In US, our coverage ranges from real estate industry media to the most important daily newspapers in each state, as well as national news and business newspapers.
Juwai IQ Data Services WHERE CHINESE ARE LOOKING FROM & FOR GLOBALLY
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Juwai IQ Data Services
Juwai IQ is the industry’s first and most comprehensive data service tracking
the online behavior and motivations of Chinese buyers globally – in China &
living internationally.
Juwai IQ draws on the online behavior of more than 2.6 million
consumers globally, and over 30,000 unique consumer interviews – the
largest sample size for this segment.
This data provides the ability to drill down into market segments, uncover what motivates consumers, measure
spending power, learn how & when to reach them, & quantify material impact on global markets & local economies.
ABOUT DATA SOURCE INTELLIGENCE
Market research, tools, & customer reports on the material impact of Chinese buyers on global property markets & local economies.
JUWAI IQ
Juwai IQ Data Services WHERE CHINESE ARE LOOKING FROM & FOR GLOBALLY
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Juwai IQ data is based on the online activity of
more than 2.6 million monthly Chinese consumer
visitors – from 403 cities in China and 165 countries
around the world – searching and enquiring about
properties on Juwai.com.
This is the first and most comprehensive set of data on the global Chinese property buying audience to ever be tracked, providing unparalleled insight into the preferences and purchasing intent of Chinese property buyers around the world.
Juwai IQ data has been featured and cited by major
press and financial organisations, including Credit
Suisse, CNN, The New York Times, The Wall Street
Journal, Bloomberg, and CNBC.
Where Chinese are searching from SEARCH ORIGIN This map displays the locations from where Chinese consumers are viewing properties on Juwai.com – revealing valuable indication of the global reach of Chinese consumers. Each red dot represents up to 1,920 unique Chinese consumers viewing from that location – illustrating a truly global Chinese property buyer audience.
SEARCH DESTINATION This map shows the locations of the properties Chinese consumers are viewing on Juwai.com – providing insight into where they’re looking to invest. Each red dot represents up to 30 unique online viewings of Property Details Pages on Juwai.com for properties in that location.
Where Chinese are searching for & enquiry value
Juwai Reporting
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REPORTING
Reporting is available for your online marketing campaigns, including all listings posted to Juwai.com, as well as additional enhancement products applied for extra exposure, such as Email Direct Marketing and Banner Advertising.
Juwai’s project report tracks click-thru rates, telephone number reveals, and submitted enquiries.
CONSUMER DEMOGRAPHICS Juwai has access to an immense amount of consumer data that allows us to track consumer interest in various regions around the world.
Our recently launched Juwai IQ is a data tool we use to review consumer interest and Chinese buying globally as it is taking place. Juwai IQ tracks consumer interest, where consumers are enquiring from, where they are searching for property, and what dollar amount that interest equates to.
China United States Australia Taiwan Canada Hong Kong Indonesia New Zealand United Arab Emirates United Kingdom Brazil
NEW YORK
CHINA 78%
OTHER 22%
China
United States
Hong Kong
Germany
SAN FRANCISCO
CHINA 87%
OTHER 13%
China United States Canada Japan Hong Kong Taiwan Singapore Philippines Uzbekistan Thailand
LOS ANGELES
CHINA 89%
OTHER 11%
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Juwai Customers
BARRY RICE ASAP Australia, Australia
“It’s the best event that I’ve been to. I’ve been in the industry for 34 years; I have never seen anything as professional and as well organised as what I saw today. [...] Don’t attempt to do this [entering the China market] by yourself. You must deal through an organisation like Juwai.com – it’s professional, well conducted, and saves us probably years of work to get to the point where we meet so many agents and so many people.”
RICHARD TEED Sotheby's International Realty, United States
“I had expectations because I was flying across the Pacific Ocean, and this far exceeds my expectation. The things I learnt today are going to change the way I describe what’s happening to my clients […] [The speakers] gave me such a deep understanding of what’s really happening politically. […] It’s amazing, and I think for any realty agents that have any concept to what’s really happening in Asia or wants to know, if you are not coming to this event, you are really missing the boat.”
CARL WILLIAMS Anue Commercial, Australia
“I found the event very useful. The speakers were great, and there were some very interesting tips. The [networking] was very interesting...we’ve never done it this style before. I thought it was well done to get everybody in the room at the same time, and meet as many people as you can at that period of time. We’ve met so many of them, I’ve got a bit of headache but that’s good – that’s what we want.”
YING SUO First Team Real Estate, United States
“The best thing is to get yourself out here to be connecting with agents and the different agencies out here, because these connections can't be made over the internet. And if you can’t get yourself out here, definitely visit Juwai.com to get yourself a membership because they have so many resources and reports published and provided to their members that with those tools and resources, you will be much more equipped to get your clients both domestically and internationally.”
JEFF ALBEE Sperry Van Ness, United States
“The Juwai Summit provided valuable information for me and my company to create our China strategy. Speakers were excellent and very informational. I met a lot of great contacts that I look to build on as we expand into China. This is a must do for any US real estate company looking to work with the Chinese investors.”
JAMES LITTLEWOOD Select Property Group, United Kingdom
“This was the second Juwai [Summit] event that my company has attended, and as an opportunity to network with Chinese agency partners, we have not found a better platform.”
© Red Circle Group Limited 2015, Confidential and Proprietary Information