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

Top level executive changes at a pair of major mainland real estate companies lead this week’s round-up of personnel updates from around the region as the property management division of Kaisa Group reshuffles its board and Dalian Wanda realigns its leadership. Also making the list are new appointments at KKR, Haichang Ocean Park and JLL.

Kaisa Prosperity Holdings announced on 17 June that Wu Jianxin has resigned from his position as an executive director with the Hong Kong-listed firm with effect that same day. Wu, who continues to serve as chief financial officer with parent firm Kaisa Group Holdings, is having his director position taken over by 40-year-old Nie Qiang, who has been with the Shenzhen-based developer since 2010.

Dalian Wanda Real Estate Group, a unit of Dalian Wanda Commercial Management, has named Zhang Lin as its chairman, according to public records accessed through online data provider Qichacha, promoting the 50-year-old company veteran from director and general manager. Zhang is replacing erstwhile chairman Qi Jie at the helm of Wanda’s real estate division just one month after the former head of the group’s cultural division had taken over the role of president of Dalian Wanda Commercial Management from Qi.

KKR has hired Li-Wen Ho as a director with the client and partner group of its real estate strategies division based in Singapore, according to a LinkedIn update. Ho joins the private equity firm after just under one year with Hines in the city where she also served as a director. The graduate of Brown University and the University of Chicago’s Booth School of Business also has experience with SC Capital Partners, and Clearwater Capital Partners.

Hong Kong-listed Haichang Ocean Park Holdings said on 14 June that it has appointed Andrew Kam Min Ho as its president of Asia Pacific with effect the following day. Now 59, Kam had served as president of Wanda Theme Entertainment, the theme park division of Dalian Wanda Group from 2016 through 2019 after earlier working as managing director of Hong Kong Disneyland from August 2008 through 2016.

JLL last week announced that it is expanding its valuation and advisory business in the region by appointing Simon Lynch as head of rent advisory services for Hong Kong. A twenty-five-year veteran of Asia Pacific’s property consulting industry, Lynch came over to JLL after running Dwyer Lynch & Co, an independent advisory firm in the city. In his new role Lynch is leading a freshly-formed rent advisory team as part of JLL’s valuation and advisory division in Hong Kong.

Andrew Green has been promoted to regional data centre practice lead for Asia Pacific at JLL in Hong Kong, according to a LinkedIn update. Green takes his step up with the property consultancy less than two years after joining the firm as senior director for integrated digital solutions with JLL’s project and development services division in the city. The property services veteran also has previous experience with PTS Consulting, Swiss Re and Enron.

Bing-He Chua has joined MSCI in Singapore as part of its real assets client coverage team for Asia Pacific, according to a LinkedIn update. Chua signed up with MSCI’s team in the little red dot after two years as vice president and relationship manager with the non-banking financial institution division of MUFG in Singapore. The graduate of National University of Singapore and Singapore Management University also has experience with ANZ Bank and Noble Group.

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.