Deutsche Asset & Wealth Management, has announced that Koichiro Maeda has joined the business as a managing director and head of real estate, Japan.

Deutsche Asset & Wealth Management, part of Deutsche Bank, has announced that Koichiro Maeda has joined the business as a managing director and head of real estate, Japan, representing the global franchise from Tokyo.

Asked by this publication if the post is a newly-created role or a replacement for anyone, a spokesperson said: “Koichiro has been appointed Head of Real Estate for Japan.  His joining the business represents a reinforced commitment to the region and in particular the Japan market, and the business sought a candidate to reflect that ambition.”

Previous roles include those of a managing director at Prudential Real Estate Investors, where he led business development and major transaction initiatives in Japan, and from positions held at Morgan Stanley and Mitsui Fudosan, Deutsche said in a statement yesterday.

The firm’s real estate investment business, as part of the alternatives and real assets platform, has $48.3 billion of assets under management, as of 31 March this year.