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
    • Mingtiandi 2022 Event Calendar
    • APAC Residential Forum 2022
    • Asia Logistics Forum 2022
    • Asia REIT Forum 2022
    • APAC Data Centre Forum 2022
    • Singapore Focus Forum 2022
    • Office Strategies Forum 2022
    • More Events
  • MTD TV
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail
  • Research & Policy
  • Advertise

Edward Cheung Retires, KK Chiu Named Head of Greater China for C&W

2019/01/11 by Michael Cole Leave a Comment

KK Chiu Cushman

KK Chiu will assume the top role at Cushman & Wakefield Greater China

Edward Cheung, Chairman of the Asia Pacific Board and Chief Executive Officer for Greater China at Cushman & Wakefield, has announced his retirement from the property consultancy, after more than 26 years with the firm, and ten years as regional head of the firm’s Greater China business, according to a statement today.

With Cheung’s departure, C&W’s head of Valuation and Advisory Services, KK Chiu has been promoted to the chief executive position for Greater China, taking the top role after 25 years with the agency and its predecessors. Contacted by Mingtiandi, company spokespersons were not able to provide an exact timeline for the change in command, and it is not clear if there have been changes to the company’s management board to coincide with the executive transition.

Essensys - Verdantix research repot

Brett White in Town for Hand-Off

“Edward’s contribution to the firm over the course of his extraordinary career cannot be overstated,” said Cushman & Wakefield’s executive chairman & CEO Brett White in a statement. White, who travelled to Hong Kong along with C&W president John Forester said of Cheung’s departure that, “We support his decision and are grateful for the leadership he has provided and the outstanding team he has built. KK will now transition into the role and take over a business that has a lot of positive momentum, holding a leading position across Greater China serving the top local, regional and global clients.”

The leadership transition at the property consultancy was announced to staff in a live webcast this morning, with Cheung and Chiu appearing alongside White and Forester to announce Cheung’s decision to the company’s 2,500 direct employees across mainland China, Hong Kong, Macau and Taiwan. Cheung had spent 26 years of his 30 year real estate career with what is now Cushman & Wakefield, having started with CY Leung & Co before it became part of DTZ in 1999, with the latter company merging with Cushman & Wakefield in a $2 billion buyout in 2015.

Leaving on a High Note

Cheung is leaving Cushman & Wakefield after the firm completed one of its most successful years in the region, with the company’s investment team having advised on a string of billion dollar deals in 2018, including advising Link REIT on its HK$12 billion December sale of a set of retail assets in Hong Kong to an investment consortium led by Gaw Capital, Goldman Sachs and Blackstone.

2022 Event Calendar House Ad1

In mainland China, the company was involved in brokering AEW’s RMB 4.5 billion acquisition of a Beijing office building late last year, as well as advising on Blackstone’s $1.25 billion acquisition of the Mapletree Business City and Vivocity Shanghai complex in December.

Share this now

  • LinkedIn
  • Share
  • Tweet
  • Email

Filed Under: Real Estate Professionals Tagged With: Cushman & Wakefield, daily-sp, Edward Cheung, Featured, highlight, KK Chiu

https://player.vimeo.com/video/658501079?h=a77da22425

Leave a Reply

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

Get Mingtiandi Delivered

2022 Event Calendar House Ad1

MTD TV

Japan Logistics Panel
Japan Logistics Offers a Safe Haven During a Bumpy 2022: MTD TV
Allianz, SC Capital, BW and JLL Talk Asia’s New Logistics Real Estate Reality: MTD TV

More MTD TV Videos>>

People in the News

Lu Yi Shimao
Asia Real Estate People in the News 2022-06-27
Wu Jianxin Kaisa
Asia Real Estate People in the News 2022-06-20
Graham Mackie Tishman
Tishman Speyer Appoints Graham Mackie to Lead APAC Push Beyond China and India
Antoine Mesnage
AXA IM Alts Appoints Antoine Mesnage as Head of Australia, Promotes 2 Other Execs

More Industry Professionals>>

People in the News

Asia Real Estate People in the News 2022-06-27

Lu Yi Shimao

A senior appointment by one of China’s crew of defaulting privately-controlled developers leads this week’s roundup of … Read More>>

Asia Real Estate People in the News 2022-06-20

Wu Jianxin Kaisa

Top level executive changes at a pair of major mainland real estate companies lead this week’s round-up of personnel … Read More>>

Tishman Speyer Appoints Graham Mackie to Lead APAC Push Beyond China and India

Graham Mackie Tishman

US developer Tishman Speyer has hired industry veteran Graham Mackie as a managing director to lead the firm’s Asia … Read More>>

AXA IM Alts Appoints Antoine Mesnage as Head of Australia, Promotes 2 Other Execs

Antoine Mesnage

AXA IM Alts is shaking up its leadership team Down Under with the appointment of Antoine Mesnage as the French firm’s … Read More>>

More Industry Professionals>>

Latest Stories

Albert Yeung Emperor International
Deep Water Bay Home Sells for $111M in Hong Kong’s Priciest Deal This Year
Agile Group chairman Chen Zhuolin (Source: Getty Images)
China’s Agile Gets Mezzanine Loan From Hong Kong Tycoons at 20%
Robert Wallace FLCT
Frasers’ FLCT Buying UK Logistics Development From Stoford for $124M

Sponsored Features

Should Proptech Give Us Sleepless Nights?
Hong Kong’s Evolving Commercial Real Estate Landscape
Opportunities in the Greater Bay Area

More Sponsored Features>>

MTD-QR-Code-320

Connect with Mingtiandi

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Real Estate News

  • Capital Markets
  • 2022 Event Calendar
  • MTD TV Archives
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail

More Mingtiandi

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


© 2007-2022 China Advertising Media Ltd (Samoa). All rights reserved.