The flood of Chinese capital into foreign real estate markets is claiming more of the attention of international property brokerages, and UK-based Knight Frank made its own bid to capture a bigger slice of mainland cash today by announcing Bunny Wang as head of two teams aiming to wrangle fees out of the growing cross-border flow.
Wang, who had served with Colliers International since 2003, will now be in charge of both International Capital Markets and International Project Marketing across China, working out of the property consultancy’s Shanghai office.
In her new role, Wang will have a familiar boss in recently appointed Knight Frank China managing director Alan Liu. Wang worked under Liu for more than a decade when he was head of North Asia for Colliers.
“We are delighted to have Bunny leading our International Capital Markets and International Project Marketing teams in China with seasoned professionals supporting her,” Liu said in a prepared statement.
Wang spent more than four years at Colliers directing the company’s International Properties division, assisting foreign developers in marketing assets in Canada, the UK and other locations to local Chinese buyers. Since January of last year, the graduate of Shanghai International Studies University had been head of PRC Institutional Client Services for her former employer, charged with assisting local Chinese developers, corporates and institutional developers with capital investments in global real estate markets.
In a statement, Knight Frank said that in her dual role, Wang will “focus on maximising cross-selling opportunities through collaboration with other business lines and geographic leaders of global key markets.”
In addition to Wang, Knight Frank has appointed Yi Cheng as Associate Director for International Project Marketing and Ken Wu as Senior Manager for International Capital Markets as the company ramps up its cross-border team.
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