Despite the COVID-19 crisis, Asia’s property professionals continued to find new roles this week with fund managers, analysts and engineers all notching fresh jobs this summer.
In Shanghai, a Warburg Pincus-backed industrial developer has brought on board a new head of fund management from Australia’s Macquarie, and a formerly Hong Kong-based engineering veteran has landed a director role back home in the UK. Also in this week’s column, another WeWork refugee finds a new home and a new hotel management joint venture appoints a top executive in Bangkok.
Derek Ng has joined New Ease China in Shanghai as the industrial developer’s Head of Fund Management, according to an update on his LinkedIn profile. Ng brings with him ten years of experience at Macquarie Group in Hong Kong and Shanghai, where he served most recently as a Senior Vice President. In his new position, Ng will help the Warburg Pincus-backed firm to oversee a portfolio of stabilised logistics facilities throughout Shanghai and Jiangsu province with his appointment coming after New Ease in May announced a $600 million joint venture with JP Morgan Asset Management to invest in logistics facilities across China.
After around eleven years in Hong Kong, Ruth Bailey has moved back to the UK where she has taken up a new position as Special Projects Director for Atkins. The fresh role keeps Bailey in the Atkins group after the Oxford graduate earlier this year left her position as as a regional director with the engineering and design firm’s Faithful & Gould division, where she led real estate advisory and strategy. In her new position, Bailey will work closely with the office of Atkin’s CEO for UK and Europe to provide business, strategic and technical support.
CBRE’s Doug Griffin earlier this month was appointed Asia Pacific Transaction Management Lead for the company’s Johnson Controls and Eaton accounts. Griffin, who has worked for CBRE for about a year and a half, formerly oversaw the Kimberly Clark account for the global real estate agency. He also has past experience as Regional Estates Manager for HSBC, where he looked after the bank’s properties in the region, and as Head of Asset Management in Greater China for JLL.
James Yong Joo Kim, has moved to Bangkok to take up the role of President with Siamese Asset and Kew Green Management Company, a newly formed hotel management joint venture between the UK’s Kew Gardens Hotels and Bangkok-based developer Siamese Asset. Kim takes on his new role after having served as Chief Overseas Development and Operations Officer for CTG Hotel Holdings in Beijing since August of last year. In his new role, Kim will be looking after an initial portfolio of four properties in Bangkok, which are expected to open next year. Kim worked previously as Vice President for Wyndham Hotels & Resorts and Meliá Hotels International, respectively.
Greta Xu has joined Bank of America recently as the US lending giant’s new Director of Global Corporate and Investment Banking in Hong Kong. In her new position, Xu will oversee corporate banking, capital markets, transaction services, leasing and investment banking. The HKUST graduate joins BOA after spending the past seven years working for Singapore’s DBS Bank in Hong Kong, where she served most recently as Senior Vice President of China Real Estate and Strategic Coverage.
Three months after leaving his role as a WeWork Enterprise Account Executive, Bing Loon “Max” Kwok has joined Knight Frank in Hong Kong as a Manager with the property consultancy’s team in Hong Kong, according to an update to his LinkedIn profile. During his two years at WeWork, the University of Melbourne graduate served as a key account manager serving clients including Morgan Stanley, HSBC, and Standard Chartered Bank. Prior to WeWork, Kwok had worked as an expansion lead for co-working provider YBF Ventures in Melbourne.
If you know of other Asia real estate professionals changing their jobs, getting promoted or just doing something exciting, please contact us here at Mingtiandi.