The ongoing troubles of an NYSE-listed residential rental firm lead today’s list of personnel updates from Asia’s real estate world, as the CEO of Danke Apartments has his travel privileges revoked after losing a lawsuit. Also included in our roundup is a new chairman for a Beijing-based developer and a top level resignation at one of Malaysia’s biggest builders.
Gao Jing, chief executive of New York Stock Exchange-listed Danke Apartments, has been declared an untrustworthy person by a Shanghai court and banned from making large purchases as well as from flying or using high speed trains, according to local media reports citing official documents. The judgement, which also restricts Gao from sending his children to private schools or staying in star-rated hotels, was handed down after a furniture supplier sued the head of the troubled apartment rental platform for non-payment.
Zhao Limin has been named chairman of mainland developer Cinda Real Estate, effective 7 December. Previously an assistant to the president of China Cinda Asset Management, Zhao is replacing Ding Xiaojie at the helm of the state-run firm. A graduate of China’s Liaoning University, Zhao also previously served as president and deputy party secretary with Xinda Investment, another subsidiary of China Cinda.
Datuk Edmund Kong Woon Jun, group managing director of Malaysia’s Guocoland has resigned from his role at the developer, with effect from 1 January, according to an announcement to the Malaysian stock exchange. Kong, who has been in charge of Guocoland’s Malaysian operation for four years, is said to be leaving to pursue other opportunities. Now 56, Kong was group managing director for Malaysia’s Tropicana Group before joining Guocoland. The company has yet to name a successor.
Sino-Ocean Group vice president Chen Wei has resigned from his role with the state-run investment firm, according to local media reports, citing personal reasons. Chen is leaving the Hong Kong-listed developer after more than 14 years at the company, where he had served as assistant to Sino-Ocean’s president. The graduate of Chongqing University had also previously worked as general manager of Sino-Ocean’s Tianjin office, before being named to head its operation for northern China.
Shaun Brodie has taken on the title of senior director and head of business development services for East China and Greater China content at Cushman & Wakefield Greater China, according to an update to his LinkedIn profile. The new role comes after the University of Reading graduate spent nearly four years as senior director and head of occupier research for Greater China with the property consultancy.
Su Leijie has joined Cushman & Wakefield in Shanghai as a senior analyst with the consulting department, according to an update to her LinkedIn profile. Su joins the property consultancy after more than two years with Tongji University Architectural Design and Research Institute where she served as a BIM engineer engaged with projects including an industrial park facility for Alibaba was involved in implementing new technologies.
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.