Principal Real Estate Investors appoints two portfolio managers in Singapore.

Principal Real Estate Investors, the real estate investment arm of US-headquartered Principal Global Investors, has appointed two portfolio managers to its Singapore office.

Shern-Ling Koh and Julian Mittag will be responsible for identifying investment opportunities in the Asia-Pacific region, the company said in a statement. Koh most recently served as chief executive and chief investment officer at OSK International Asset Management, while Mittag joins the firm from SEB Asset Management, where he was an Asia real estate securities portfolio manager focusing on real estate stocks. 

Both will become part of a 13-member team responsible for managing global real estate strategies under the company. Principal Real Estate Investors manages or subadvises some $47.8 billion in commercial real estate assets globally as at 30 September 2013. It is involved in both public and private equity and debt investment alternatives.