We are experts in real estate development and asset management.
Our story
Double Space is an Australian real estate development and investment joint venture by Enice Technology Co., Ltd. and Bestplace Corporation Limited. Enice is a wireless telecom equipment manufacturer and service company based in Nanjing, China. Since May 2000, Enice has independently developed and launched under its “ENICE” brand GSM, CDMA, WCDMA, TD-SCDMA, PHS series repeaters, base station signal boosters and trunk amplifiers, as well as full-band antennas, splitters, couplers and bridging devices. In 2003, Enice successfully listed its system integration solution business on Shanghai Stock Exchange following a strategic spin-off and group restructuring. In addition to its core telecom technology business, Enice has also commenced developments of industrial and logistics property in recent years to better service its continuing expansion in telecom manufacturing as well as provide a horizontally integrated platform for its smaller counterparts in the industry.
Bestplace is a real estate development and investment company headquartered in Hong Kong. The company has more than 20 years of experience in property development across multiple regions in Greater China and beyond and rose to prominence as a premium private property developer in China’s East Coast region. During the past decade, it has developed over 1 million sqm of floor space spanning various types of projects, including residential apartments, shopping malls, schools and data centres. Some of Bestplace’s representative projects and investments include a staged residential development project in Shanghai which was successfully sold to China Poly Group, as well as a large-scale data centre construction project operated by a top-tier service provider sponsored by Tencent. Equipped with this wealth of expertise and being confident in Australia’s property market and economy, Double Space commenced operations in 2018 and has since gained a firm foothold in the Sydney market.
What We Do
REAL ESTATE DEVELOPMENT
Locality. Humanity. Modernity. We acquire, design and develop real estate with a vision.
With every new project, we strive to carry on the heritage of the property without compromising its character and connection with the surroundings.
Sitting at the heart of our designs is the ideal of maximum enjoyment and comfort for all residents and community members.
ASSET management
Our current asset portfolio includes:
warehouse conversion
residential
regional holiday resort
We are continuing to create a diversified portfolio as we grow organically guided by our development and investment philosophy.
warehouse conversion
residential
regional holiday resort
We are continuing to create a diversified portfolio as we grow organically guided by our development and investment philosophy.
Direct Investment
I.Prime
This is a joint venture with Wellington Education Group to develop an online knowledge-sharing platform. I.Prime offers a wide range of short courses for graduates and corporate users to enhance their skill sets. Wellington Education Group is one of the most experienced operators in the vocational education and training sector, currently managing two Australia-accredited vocational colleges in Sydney – York Business Institute and Berkeley Business Institute.
FuturaEV Geely Commercial Electric Vehicle Project
As the Australian Government’s climate policy hardens, a boom is expected in the emerging electric vehicles sector in Australia, which is rolling out low or zero-emission cars onto the roads.
Double Space has taken a substantial stake in FuturaEV, which is finalising arrangements with Geely Auto Group regarding an exclusive distributorship in Australia in respect of a popular electric light truck.
Advisory Panel
Seth Shaw
Legal Consultant/ Marketing
Seth is a corporate and commercial law veteran with extensive experience in private practice. Having advised corporate clients of various sizes and cultural backgrounds across sectors and regions, Seth is known for being a problem solver and deal facilitator with a razor-sharp legal mind and an acute commercial awareness. Alongside his legal career, Seth has also been dabbling in the art of marketing and has lent us great insight into our branding and marketing efforts.
Mosman Capital
Financial Advisor/ Fund Management
Mosman Capital is a leading real estate advisory firm specialising in providing finance and investment solutions to corporate clients. Blessed with 40 years of banking experience, MC has acquired a reputation for its depth of industry knowledge, superior deal sourcing ability as well as structuring and execution capabilities. Double Space has formed an exclusive finance partnership with MC since our establishment. We work closely with MC on equity raising, fund management and senior debt facilities to meet our evolving financial needs. On the investment end, we have also participated in numerous property financing deals initiated by MC.
Griffith University
Project Consultant
We have the pleasure of working closely with industry experts from Griffith University on multiple fronts in our upcoming projects. In particular, we will be guided by their expertise in the field of tourism and hospitality as well as engineering and project management in the development and future operations of Sandalwood Estate, our latest regional holiday resort project in Hunter Valley. Our collaborations also include an internship placement program which will see skilled personnel and students placed with us at different stages of the project, including initiatives in the role of consulting engineers to work on technicalities in relation to the development application and construction work.