People Moves
PREI Hires Handful Of Portfolio Managers For Singapore Growth

Prudential
Real Estate Investors, the real estate asset management art
of Prudential
Financial, has made five senior appointments for its
Singapore-based Asian arm,
Pramerica Real Estate Investors (Asia). The new hires include a
recently
appointed portfolio manager in Tokyo, along with asset
management, research and
marketing staff in Singapore, Seoul and Hong Kong, and come on
the heels of the
company’s expansion to Beijing, Sydney and Seoul within the last
year.
Koichiro Maeda, starts as managing director and portfolio
manager for Prudential Real Estate Investors (Japan). Based in
Tokyo, Maeda most
recently worked at Mitsubishi UFJ Morgan Stanley Securities,
where he was an
executive director specializing in real estate within its
investment banking
unit. He has 18 years experience.
Benett Theseira has been named managing director,
Southeast Asia. He is based in Singapore and responsible for
PREI’s retail property investment portfolio. Before joining
Prudential, he was
president of MEAG Pacific Star Asia and Pacific Star Capital,
responsible for
the investment and fund Management business in Asia for more than
six years.
Taeyun Won,recently appointed managing director, is
responsible for investments and client management in Korea. He
spent 17 years
as a real estate lawyer in large American and Korean law firms
including Evergreen Law Group and Shin & Kim in Seoul.
Henry Chin has been appointed head of Asia Pacific
research
and strategy. Chin is based in Hong Kong and responsible for
developing and
providing real estate investment strategies in Asia Pacific. He
joined the
company from Deutsche Bank, where he held several roles,
including global real estate strategist and co-head of real
estate in the Asia Pacific for the
private banking business.
Joyce Lo has been hired as a senior vice president. Based
in Hong Kong, she was most recently at a specialist Asian real
estate
investment manager, Sniper Capital, where she led capital raising
and investor
relations. Lo spent more than 10 years at Lehman Brothers Asia,
where
she began her career in 1999.
The
recent hirings follow the announcement earlier this year of the
appointment of
Steve Bulloch to lead the firm’s expansion into Australia and
responsible for
sourcing property acquisition opportunities for PREI’s current
institutional
clients. Before joining PREI, Bulloch was executive director and
head of
property for Hastings Funds Management, where he was also a
member of the
executive management team and Hastings’ investment committee.
“Asia
Pacific’s economies remain fundamentally strong, even amid global
economic
turmoil, and by expanding our team, we can create new strategies
to capitalize
on opportunities for institutional investors,” said Victoria
Shigehira Sharpe,
chief executive of Pramerica Real Estate Investors-Asia
Pacific.
PREI
is the real estate asset management and advisory business of New
York-listed
Prudential Financial. As of June 30, 2011, PREI managed
approximately $48.1
billion in gross real estate assets ($30.2 billion net) on behalf
of more than
490 clients.