Asia Real Estate People in the News 2023-01-16
Alternatives lead this week’s collection of personnel moves from across Asia Pacific’s real estate sector, with the top three entries representing logistics, data centres and proptech. Also making the list is a senior appointment at CapitaLand’s Ascott division and a new research head for CBRE IM.
Logistics giant Prologis has hired Vineet Sekhsaria as its head of India, with the investment veteran joining the US company this month after more than 15 years with Morgan Stanley. Based in Mumbai, Sekhsaria had served for the past year as a managing director with Morgan Stanley’s real estate investment team for India, after first joining the company in New York as a vice president in 2007, following a three-year stint at Deloitte.
Vantage Data Centres has hired former Amazon Web Services executive Paul Gilsenan as senior director of site selection and acquisition, according to a company statement. Based in Tokyo, Gilsenan leads all real estate activities to support the regional expansion of Vantage in Asia Pacific and is responsible for site selection strategies, new site evaluation, transaction management and acquisitions. Prior to joining the unit of US fund manager DigitalBridge, Gilsenan was the regional principal for AWS in Tokyo.
US venture capital firm Fifth Wall has expanded into Asia Pacific, hiring former Logos Group executive Yvonne Voon as its partner responsible for the region, per a company announcement. The proptech investment specialist, which bills itself as the largest of its kind globally with over $3.2 billion in commitments and assets under management, has tasked Voon with opening its first regional office in Singapore. At Logos, Voon had been part of the group capital raising team and she also has previous experience with Credit Suisse.
The Ascott Limited said on 10 January that it has appointed Serena Lim as its chief growth officer, based in Singapore. In her new role, Lim will lead Ascott’s business development team globally and will manage growth of its management and franchise business worldwide, excluding China. Before joining the rental residential division of CapitaLand group Lim had spent more than five years as a vice president for development with Intercontinental Hotels Group, where she was responsible for southern and eastern Asia, as well as Korea.
CBRE Investment Management has promoted Sandy Padilla to head of research for Asia Pacific, where she is now responsible for overseeing the fund manager’s research operations in the region, according to a company statement on 12 January. Based in Melbourne, Padilla will also be tasked with providing thought leadership and advise on fund strategy, as well as supporting investment teams with asset selection.
BDx Data Centres said on 13 January that its chief executive officer, Braham Singh, has stepped down, with the digital infrastructure veteran moving into a consulting role with the company. Singh, who had led the company since 2018, when it was part of HGC Global Communications before a 2020 spinoff, is said to be now focusing his attention on a sustainable energy project, with details of that venture on the way in the months to come.
Property consultancy Newmark has hired former Cushman & Wakefield executive Chris Carver as head of its valuation and advisory practice for Asia Pacific, based in Singapore. Carver, who will report to Newmark’s US-based president of valuations and advisory, John Busi, is joining the property consultancy just less than a year after it officially expanded into the region with the opening of an office in Hong Kong.
JLL said on 13 January that it has promoted Susheel Koul to chief executive of its work dynamics division for Asia Pacific, based in Singapore. Koul is taking over the top role in the corporate occupier-focused business from Jordi Martin, who will be retiring from the company at the end of March 2023. Koul has now been with JLL for 12 years and was division president of the work dynamics division for the last three years, before moving up to the CEO role.
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.