Driven by a «high level of real estate investment activity» in the region, investor services company IQ-EQ has built a dedicated team in Asia based in Singapore.
The firm’s latest hire includes Denish Leang, a former PwC executive in its asset and wealth management unit, who joins as its client services team manager. Leang previously also worked with EY and SMBC, according to a statement.
Leang joins 15-year industry vet and real estate fund expert Neil Synnott, who relocated from the IQ-EQ’s Luxembourg office in late 2020 to better support a complex portfolio of international real estate and private equity clients.
IQ-EQ added that more hires are expected to come as the team expands in the coming months.
High Levels of Activity
According to Synnott, IQ-EQ’s decision to build a team now is due to the «increasingly high level of real estate investment activity into, within and from Asia».
«We’ve been welcoming many exciting new real estate service mandates in Asia and have ambitious growth plans for our business, so watch this space,» said Synnott, highlighting a client base that includes multinational corporations, sovereign wealth funds, insurance companies and pension funds.
IQ-EQ has a 25-year presence in Asia with key offices in Singapore, Hong Kong, the Philippines and Japan. Its Singapore and Hong Kong unit administer a combined value of more than $44 billion of assets.