This week Greater China’s community of real estate professionals sees a finance specialist leave a US developer for a global bank, a major agency lose another senior executive from its capital markets team and a veteran investment broker founding his own high tech startup. Read on for all the details.
Annie Wong has joined Standard Chartered in Shanghai as a Director with the bank’s Capital Markets Solutions team. In her new role Wong will have responsibility for structured financing deals for the bank’s real estate clients. The Cornell University graduate moved to her new position from Tishman Speyer, where she had spent the last three years with the US real estate developer’s Acquisition and Development team.
Kitty Liu has left her position directing outbound investment services for CBRE in China. The former Senior Director resigned her position with the real estate agency’s Capital Markets team in Beijing earlier this month after more than nine years with the company. Liu has yet to announce her new role, however, according to sources familiar with her departure, the former key interface with China’s biggest developers and investors left the firm directly after submitting her resignation.
Grace Huang has been promoted to Regional General Manager of East China with Nan Fung, based in Shanghai. Huang takes her step up with the privately held Hong Kong developer one year after joining Forterra China Real Estate Trust, which was acquired by Nan Fung in 2013. In her new role Huang is responsible for real estate investment, asset management, property management, project management and other aspects of the developer’s business in Shanghai and other parts of eastern China.
Dennis Zhang has joined JLL as Head of Retail Asset Management for East China, based in Shanghai. Zhang joins the US-based property consultancy from ARA Private Funds, where he spent less than one year doing asset management for the investment firm controlled by Hong Kong’s richest man, Li Ka-shing. Zhang also has prior experience with IHC Development, the Pacific Star Group and DTZ.
Echo Yu has taken on a new position as Asset Management Director with Gopher Asset, based in Shanghai. Yu joins the private equity arm of US-listed Chinese wealth management product provider Noah Holdings from real estate firm KaiLongREI Investment, where she had spent more than two and a half years as a Leasing Director.The graduate of Shanghai Jiao Tong University also has previous experience with JLL and the Shanghai Centre.
Cormac Doddy has started up a new online investment platform HengXinLi, where the former investment broker will serve as CEO, based in Shanghai. Doddy, who resigned his post as Associate Director with the Investment Department at DTZ to pursue this new opportunity says that he is teaming up with high profile tech investors to create “a unique online platform with global reach,” that will be launched later this year.
Manson Tang has joined A.G.Wilkinson & Associates as a Manager with the Hong Kong-based property consultancy. In his new role the University of Hong Kong graduate will be charged with executing investment deals for the 44-year-old firm. Tang previously spent nearly two years with Midland IC&I Limited in Hong Kong as a Project Manager, and also has previous experience as a valuer with CBRE.
As usual, if you know of other China real estate professionals changing their jobs, getting promoted or just doing something exciting, please feel free to share with the rest of the community here at Mingtiandi.
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