M&G Real Estate adds three to senior management team in Asia
M&G Real Estate Asia (M&G), the real estate fund management arm of M&G Investments, has strengthened its senior management team with three new appointments.
Tenshin Ito joins as Head of Japan whilst Richard van den Berg and Robert Walker join as Fund Manager and Non-Executive Director of M&G’s core Asia property strategy respectively.
Based in Tokyo and reporting to Chiang Ling Ng, Chief Executive and Chief Investment Officer of M&G Real Estate Asia, Ito will manage M&G Real Estate’s Japanese acquisitions and asset management teams. With over 25 years of real estate experience in Japan across all real estate sectors, he has held senior positions at IDERA Capital Management and Mitsubishi UFJ Morgan Stanley Securities in Tokyo. He joined M&G on 3 July from Tosei Asset Advisors where he sourced large-scale transactions and established their J-REIT business.
Joining M&G Real Estate’s Singapore team in mid-August is van den Berg, who will manage M&G’s core Asia property strategy, replacing Scott Girard who is relocating to Australia. Richard has over 30 years’ experience in the Asian real estate markets with CBRE Global Investors, ING Real Estate Investment Management and Rodamco Asia.
Subject to regulatory approval, Walker will join as an independent board director for M&G‘s core Asia property strategy in November. He comes with deep industry expertise after nearly three decades in the property industry with senior Asia-based roles at Jones Lang LaSalle, Hines and Macquarie. He joins from ADIA (Abu Dhabi Investment Authority) where he was Head of Asia Pacific Real Estate from 2012 – 2017.
Ng says: “We are delighted to welcome Ito-san, Richard and Robert to the team. They bring a wealth of experience of the Asia Pacific real estate markets and we are confident that these significant appointments will further consolidate our leadership position and deliver long term income and capital growth to our investors.
“I would also like to express our heartfelt thanks and appreciation to Scott, who is leaving to rejoin his family in Australia, for being an instrumental part of the successful development of our Asia business and our strategy’s robust growth over the last seven years.”