In his new role that begins on May 22, he will support the execution of the reit's growth strategies while helming the finance and investor relations functions.
Prime US Reit, a Singapore real estate investment trust with an investment focus on stabilized income-producing office and real estate-related assets in the United States, has appointed Harmeet Singh Bedi as its deputy chief executive officer and chief financial officer, it said in a statement on Tuesday.
The reit is managed by KBS US Prime Property Management, which is jointly owned by KBS Asia Partners (40 percent), Keppel Capital Two (30 percent), a wholly owned subsidiary of Keppel Capital Management, Times Properties (20 percent), a wholly owned subsidiary of SPH and Experion Holdings (10 percent), a wholly owned subsidiary of AT Holdings.
Prime US Reit manages a portfolio of 11 prime and freehold office properties located in nine primary markets in the U.S., with a total appraised value of approximately $1.2 billion, according to its website.
Extensive Experience
Bedi, who joined Maybank Kim Eng in 2014, was responsible for the overall development of Maybank Kim Eng’s investment banking business in Singapore, including the execution of growth strategies.
He has almost three decades of Asian banking experience, including 20 years in Singapore, across corporate finance, M&A, investment banking client and regional sector coverage, and corporate banking.
He was previously managing director and head of corporate finance and M&A for Southeast Asia at UBS, and headed the Southeast Asia corporate finance teams at Merrill Lynch and Deutsche Bank, and has held senior corporate finance and sector coverage roles at J.P. Morgan in Singapore and Hong Kong.
