Mingtiandi

Asia real estate and outbound investment news

  • Facebook
  • LinkedIn
  • RSS
  • Twitter
Sign Up / Login Logout

Lost your password?
Register
Forgotten Password
Cancel

Register For This Site

A password will be e-mailed to you.

  • Capital Markets
  • Events
    • 2021 Mingtiandi Event Calendar
    • Join the Mingtiandi Asia Value-Add Forum 2021
    • Join the Mingtiandi Multi-Family Investment Forum 2021
    • Join the Mingtiandi Logistics Real Estate Forum 2021
    • Join the Mingtiandi Sustainable Real Estate Forum 2021
    • Join the Mingtiandi Data Centre Forum 2021
    • Join the Mingtiandi Office Strategies Forum 2021
    • Join the Mingtiandi Proptech Forum in November
    • More Events
  • MTD TV
  • People
  • Logistics
  • Asia Outbound
  • Retail
  • Design & Construction
  • Research & Policy
  • Advertise

Lendlease Picks Former CapitaLand Exec as Investment MD in Singapore

2020/05/20 by James Hatton Leave a Comment

Lendlease’s assets in Asia include Singapore’s Payar Lebar Quarter

Gan Chong Min has joined Lendlease as managing director of investment management for Asia, as the Aussie property giant makes its third senior appointment in the region in as many months.

Gan has joined the ASX-listed company’s Singapore leadership team after parting ways recently with CapitaLand China where he had served as the firm’s managing director of fund management.

In his new role, Gan reports directly to Lendlease’s Singapore managing director and chief investment officer, Ng Hsueh Ling.

“With a track record of managing high-value real estate funds and large-scale integrated mixed-use assets, Chong Min is well suited to lead our regional investment management business in its next phase of growth,” said Ng.

Driving Value from Singapore and Malaysia Assets

Gan leads Lendlease’s investment management business across Asia, managing performance of assets held under the company’s private equity funds and joint ventures, which at the end of 2019 amounted to 23 percent of the A$35.2 billion ($23 billion) in its global portfolio.

Gan Chong Min joins Lendlease from CapitaLand China

The Aussie firm’s Singapore assets consist of Paya Lebar Quarter, a commercial and residential development it undertook as a 30:70 joint venture with the Abu Dhabi Investment Authority, as well as the Jem retail and office complex, and the Parkway Parade shopping mall.

Gan also has ultimate responsibility for the investment performance of the Setia City Mall in Malaysia.

Lendlease’s newly appointed managing director of investment management for Asia replaces Kelvin Chow, who has taken on the role of chief executive officer of Lendlease Global Commercial REIT, which raised gross proceeds of S$1.03 billion ($730 billion) worldwide through its IPO in October last year.

Prior to joining Lendlease, the University of Michigan graduate had been based in Shanghai where he served as CapitaLand China’s fund management chief. Gan held that role for over nine and a half years, after having spent two and a half years as the Singapore real estate firm’s general manager overseeing investments and land acquisitions for the 609,000 square metre (6.6 million square foot) Loft residential development in Chengdu.

Strengthening the Asia Team

Gan’s appointment completes a hat-trick of hires for Lendlease in the region since March of this year, as the firm expands in Asia.

Just last month, Lendlease brought on board former Ikea executive Hui Ding as its new managing director for China, with the development specialist tasked with growing the firm’s China business, including taking over plans to build A$2 billion in retirement villages by 2023.

Logistics Forum

A month before Ding’s appointment, Lendlease hired former Global Switch managing director Sam Lee to head up its data centre platform in Asia Pacific.

Lee is leading Lendlease Data Centre Partners, a $1 billion joint venture the company formed last year with an undisclosed institutional partner said to be Singapore sovereign wealth fund GIC to develop a data centre platform in Asia Pacific.

Related Stories

  • Lendlease JV Buys Redevelopment Site in SG’s Paya Lebar for $111.5MLendlease JV Buys Redevelopment Site in SG’s Paya Lebar for $111.5M
  • Lendlease Files for Singapore IPO of S$1.4B Commercial REITLendlease Files for Singapore IPO of S$1.4B Commercial REIT
  • GIC, Equinix and Lendlease Announce $2B in Data Centre Ventures in Two DaysGIC, Equinix and Lendlease Announce $2B in Data Centre Ventures in Two Days
  • CapitaLand Sells RMB 4.5B of SH Office Assets to Value-Add FundCapitaLand Sells RMB 4.5B of SH Office Assets to Value-Add Fund

Share this now

  • LinkedIn
  • Share
  • Tweet
  • Email

Filed Under: Real Estate Professionals Tagged With: Capitaland China, daily-sp, highlight, Lendlease

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get Mingtiandi Delivered

Sustainability Forum

MTD TV

MTD TV proptech show

COVID-19 Accelerates Proptech Adoption in Asia: Watch on MTD TV

MTD TV data centre panel

Blackstone, Actis Predict Continued Growth for APAC Data Centres on MTD TV

More MTD TV Videos

Latest Stories

Phile Pearce ESR

Blackstone Selling $2.9B Aussie Logistics Portfolio to ESR-GIC Partnership

Muktar Widjaja

Indonesia’s Sinar Mas Offloads Building in London’s Soho for $99M

Wong Chuk Hang Station

Wheelock Wins Rights to MTR Wong Chuk Hang Project and More Asia Real Estate Headlines

Sponsored Features

Tony Horrell

Colliers’ Global Investor Sentiment Report Anticipates Up to 50% Surge in Investment in 2021 Sponsored Feature

Andrew-Slevin-John-Foord (4)

Insurtech to Help Address Underinsurance Across Asian Real Estate Assets in 2021 Sponsored Feature

CK Lau

Asia Pacific Logistics Sector: Increasingly Varied Sector Requires Multiple Approaches Sponsored Feature

More Sponsored Features>>

MTD-QR-Code-320

Top Stories

KKR, Abu Dhabi Fund Back A$1B Logos Development Venture in AustraliaKKR, Abu Dhabi Fund Back A$1B Logos Development Venture in Australia

Blackstone Selling $2.9B Aussie Logistics Portfolio to ESR-GIC PartnershipBlackstone Selling $2.9B Aussie Logistics Portfolio to ESR-GIC Partnership

Hongkong Land Leases Exchange Square Floors to S&P Despite Central…Hongkong Land Leases Exchange Square Floors to S&P Despite Central Market Slide


Connect with Mingtiandi

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Real Estate News

  • Capital Markets
  • Events
    • 2021 Mingtiandi Event Calendar
    • Join the Mingtiandi Asia Value-Add Forum 2021
    • Join the Mingtiandi Multi-Family Investment Forum 2021
    • Join the Mingtiandi Logistics Real Estate Forum 2021
    • Join the Mingtiandi Sustainable Real Estate Forum 2021
    • Join the Mingtiandi Data Centre Forum 2021
    • Join the Mingtiandi Office Strategies Forum 2021
    • Join the Mingtiandi Proptech Forum in November
    • More Events
  • MTD TV
  • People
  • Logistics
  • Asia Outbound
  • Retail
  • Design & Construction
  • Research & Policy
  • Advertise

More Mingtiandi

  • About Mingtiandi
  • Contact Mingtiandi
  • Newsletter Subscription
  • Terms of Use
  • Privacy
  • Advertise
  • Join the Mingtiandi Team