US giant Hines leads this week’s review of personnel moves from around the region, with the developer and fund manager promoting a Singapore-based team member to a pan-APAC role. Also making the list are a salvo of data centre hires and a familiar researcher taking on a leadership role at ANREV.
US developer and fund manager Hines announced this past week that it has promoted Kian Fong Lim to chief operation officer for Asia Pacific real estate. Lim, who first joined the Texas-based firm in 2021, will now be overseeing real estate operations across administration, asset management, and property management throughout Hines’ Asia Pacific portfolio, the company said, in addition to his previous duties as head of Singapore and Southeast Asia.
Dae Hyun Choi has been promoted to head of Asia investments with DCI Data Centers, having relocated to Singapore for the new role, according to a LinkedIn update. Formerly based in Seoul, South Korea, Choi has been with the Brookfield Asset Management portfolio company since April of last year, having previously served as an investment director. Choi also has prior experience as a deputy general manager with Meritz Securities in Seoul.
Digital Connexion, an Indian data centre operator formerly known as BAM Digital Realty, has hired CR Srinivasan as chief executive officer, according to an announcement by the joint venture between Brookfield Asset Management, Digital Realty and local conglomerate Reliance. Srinivasan joins the company this month after one year as CEO of Sify Digital Services and also previously served for more than 14 years with Tata Communications.
The Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV) announced earlier this month that it has hired David Green-Morgan as its new director for research and professional standards, based in Singapore. A veteran of Asia’s real estate research world, Green-Morgan joins ANREV from JLL, where he had served as senior advisor for capital markets research, after earlier leading MSCI’s real estate research efforts in the region.
New York developer Tishman Speyer has hired former GIC executive Terry Hyunjin Kim as head of its newly established Korean investment division, according to a report in local industry publication Seoul Property Insight. Kim served with the Singaporean sovereign wealth fund in South Korea for more than eight years, having worked his way up from associate to vice president with GIC’s real estate team, according to his LinkedIn profile.
The manager of Japan Hotel REIT declared to the Tokyo stock exchange on 9 July that it will formally propose Noboru Itabashi as a director on its board with effect from 24 July. The REIT manager, which is controlled by Singapore’s SC Capital Partners, is proposing Itabashi as a replacement for departing director Makoto Hanamura, who would step down from the board on that same date.
Singapore-based Meta executive Stef van Amstel has left the parent company of Facebook to join Saudi Arabia-based start-up DataVolt as part of the executive management team overseeing infrastructure for the division of Saudi firm Vision Invest, according to a LinkedIn update. Relocating to Riyadh for the new role, van Amstel had spent more than four years in Singapore with Meta, where he served as a construction expert overseeing the company’s projects.
Australian fund manager Centennial Property Group announced this past week that it has hired former Frasers Property executive Matt Knox as its new chief financial officer. Knox, who will also be part of the investment firm’s executive committee, joins Centennial after more than a decade as chief financial officer of Frasers Property Australia and had been with the firm and its predecessor, Australand for 17 years.
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