Leading this week’s collection of role changes among the region’s real estate professionals, the head of one of Singapore’s largest commercial developers is stepping down after more than a quarter-century at the helm.
Continuing the quarter-millennia theme, a veteran valuer is now handing out CBRE namecards after previously spending some 27 years at the company’s biggest competitor and there are more people moves in Tokyo, Singapore, Mumbai and Hong Kong.
United Industrial Corp Chief Executive Officer and President Lim Hock San will retire from both of his leadership roles with the Singapore-listed developer on 30 September, according to an announcement by the company last week. Lim will also be giving up his position as an executive director of the unit of Singapore’s UOL Group after 28 years at the helm. UIC says it is currently searching for candidates to replace Lim.
Rita Wong has joined CBRE in Hong Kong as Head of Valuation and Consulting for Greater China, according to an announcement from the property agency late last week. Wong will be handing out her new green and white namecards after more than 27 years with JLL where she had served most recently as an Executive Direotor and Head of Hong Kong Valuation and Advisory Services. Wong had announced her decision to leave JLL three months ago, at around the same time that the company had named Sylvia Lau as its new top executive for valuation and advisory services in the region.
In another move in the valuations world, Danny Mohr has been named Head of International Valuations for Asia Pacific at CBRE this month, according to his LinkedIn profile, taking his latest step up after first joining the company in Australia in 1992. In his newly expanded role Mohr will be leading an international valuation team specialising in assignments for clients holding regional asset portfolios, as well as advising on transactions of secondary interests in existing investment funds.
In Japan, Kentaro Takao has signed on as a Director with the capital formation group at Fortress Investment Group in Tokyo. Takao joined the unit of Softbank last month after two years as a Vice President with the Prime Finance Sales and Capital Introductions division at Citigroup. The one-time Oaktree Capital Management and LaSalle Investment Management executive is enjoying a return engagement at Fortress after having previously served the company in the same role from 2015 through 2018.
India’s Mahindra LifeSpaces has named Viral Oza as its new Chief Marketing Office, according to an announcement last week by the Mumbai-based developer. A veteran of roles at Unilever, Nokia and Microsoft, Oza joins Mahindra Lifespaces after previously serving as Chief Marketing Officer at competitor Lodha Group. In its statement, Mahindra said that it expects Oza to play a pivotal role in developing all of the company’s brands.
Keppel Land CEO Tan Swee Yiow has been name Treasurer of the World Green Building Council, according to an announcement last week by the UK sustainability non-profit. Tan, who had previously served as President of the Singapore Green Building Council will be taking the expanded role with the group, which holds as its mission to radically transform the way that the built environment is planned, designed, constructed, maintained and operated, after joining its board for the first time in 2018.
Natalie Leung has joined K11 Concepts in Hong Kong as member of the commercial developer’s strategic development team, according to an update on her LinkedIn profile. Leung came aboard with the unit of HKEX-listed New World Development after more than six years at Swire Properties, where she had served most recently as a Business Development Manager focused on the Greater Bay Area of Guangdong province and Hong Kong.
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.
Note: this article updates an earlier version to provide the correct year that Tan Swee Yiow joined the World Green Building Council board — 2018.