CBRE Hires Kelvin Chan as Head of Capital Markets for China

CBRE on Friday announced the appointment of Kelvin Chan as the global property consultancy’s head of capital markets for China.

Based in Shanghai, Chan will lead a team of more than 50 capital markets professionals across mainland China, CBRE said in a release.

“Kelvin is a highly experienced investment professional with a deep understanding of the region’s real estate market and well-established client relationships,” said CBRE China president Alan Li. “His knowledge and leadership will help to drive the growth of our capabilities in China and throughout Asia in partnership with our leaders across the region.”

Veteran of PAG, Macquarie

Before joining CBRE, Chan worked for PAG Real Assets and Macquarie Infrastructure and Real Assets, where he was involved in transactions across all real estate asset classes in China and across Asia.

Chan has more than 20 years of commercial real estate transaction experience across Asia, focusing on investments, asset management, risk management, capital management and funds management in the China market, according to CBRE.

Greg Hyland, head of capital markets for Asia Pacific, said the hiring demonstrated CBRE’s commitment to investing in leading industry talent and enhancing the firm’s leadership position in the market.

“Kelvin’s wide-ranging experience and established client relationships will help to capture the opportunities from China’s rebound, drive further business growth, and create enhanced value for our clients,” Hyland said.

New Year Appointments

CBRE’s latest people move comes on the heels of two regional appointments by the firm last month.

Fun Tong took a step up to managing director for North Asia with CBRE’s GWS Enterprise division, based in Shanghai. In his upgraded role, Tong now oversees Japan and Korea, in addition to his existing duties managing Greater China CBRE’s efforts on behalf of clients in its Global Workplace Services division.

The firm’s investment management arm brought aboard Vida Tandean as head of Asia investments for indirect private real estate strategies. Based in Singapore, Tandean will source, execute and manage all aspects of the investment and asset management process for Asia indirect strategies, which give investors access to real estate through separate accounts or pooled strategies by investing in programmatic ventures, co-investments, secondaries and funds, partnering on each strategy with local specialists.