The real estate fund management arm of M&G Investments, has strengthened its senior management team in Asia 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, the firm said in a press release.
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.
Growing Asian Team and Assets
Richard van den Berg will join M&G Real Estate’s Singapore team in mid-August and will manage M&G’s core Asia property strategy, replacing Scott Girard who is relocating to Australia.
He 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, Robert Walker will join as an independent board director for M&G‘s core Asia property strategy in November. He joins from ADIA (Abu Dhabi Investment Authority) where he was Head of Asia Pacific Real Estate from 2012 – 2017.
M&G Real Estate Asia oversees in excess of $4 billion and employs around 50 people across Singapore, Tokyo and Seoul.
