BlackRock’s appointment of a new head of real estate in Japan leads the roundup of this week’s staff moves across the region, with Hines’ selection of a senior executive for his Korean business also gaining traction. virtual ink. There are also new roles for executives at Blackstone, Dyson, CBRE and BW Industrial in Vietnam.
BlackRock Real Assets named Daigo Hirai as managing director and head of real estate in Japan, starting this month, according to an announcement from the asset management giant last week. In his new role, Hirai will oversee BlackRock’s real estate business in Japan, including transaction sourcing, after 12 years at Blackstone, where he most recently served as a managing director in the fund manager’s office in Tokyo.
hines promoted Hyungsub (Harry) Lee to the managing director and head of its Korea business, according to a LinkedIn announcement last week. Lee received his new rank of developer and fund manager just over a year and a half after joining Hines as a Seoul-based director. Prior to joining the Houston-based company in January 2021, Lee served as a head of transactions at DWS Korea, the local arm of Deutsche Bank’s asset management division. Lee’s promotion to managing director was one of four announced by Hines in Asia-Pacific last week, with Australians Sam Bisla, Simon Nasa and Alysia Reilly also taking on bigger roles.
Seong Lee joined black stone in Hong Kong as director of the private equity firm’s institutional client solutions division, according to a LinkedIn update. Lee joined the Manhattan-based fund manager after two years on the investor relations team at regional investment manager PAG, where he served as vice chairman. The NYU and University of Pennsylvania Wharton School graduate also has previous experience with Blackstone’s Park Hill Group in New York.
Colin Clark joined Dyson in Singapore as major projects carried out with the manufacturer’s Dyson Estates Capital Projects division, according to an update from LinkedIn. Now responsible for leading capital projects for Dyson globally, Clark started his new job this month after more than five years with project management firm Merx Asia, which was acquired by Savills in January. of that year, where he served as general manager for the region. .
Allen Chen went to by Blackstone DragonCor logistics platform in China, where he now serves as senior manager, according to a LinkedIn update. Chen, who is based in Shanghai, had previously served as managing director of Blackstone’s Westlink mall in the city, which the fund manager acquired from Mapletree in a $1.25 billion business deal in 2018. Blackstone appointed Peter Hwang as head of its DragonCor China logistics hub just over a year ago.
Noboru Hirabayashi joined CBRE Group as head of its capital advisory unit for Japan, according to a LinkedIn update. Based in Los Angeles, Hirabayashi joins the investment advisory unit of Diamond Realty Management America’s real estate advisory firm, a US unit of Japan’s Mitsubishi Corporation, where he served for more than three years as a managing director. Hirabayashi also has experience with Diamond Realty in Tokyo.
Byung-ho Park (Anderson) was promoted to Deputy General Manager with Koramco REIT Management and Trust in Seoul, South Korea, according to a LinkedIn update. Park takes off after less than two years with the company, where he is part of the development and investment team. Prior to joining Koramco in 2020, Park spent four years at CBRE in Seoul in the advisory and transaction team.
Minh Ngoc was appointed Deputy Key Account Manager with computer Industrial development in Vietnam, according to an update from LinkedIn. Minh Ngoc’s new role is a promotion from his former title of deputy director for business development with Warburg-backed industrial developer Pincus. Based in Ho Chi Minh City, Minh Ngoc has now worked for BW for just under two years after spending more than two years with competing industrial developer Tan Thuan Corporation in the city.
If you know of any other real estate professionals in Asia who are changing jobs, getting a promotion, or just doing something exciting, please contact us here at Mingtiandi.