Tenshin Ito joins as head of Japan, responsible for M&G’s Japanese acquisitions and asset management teams. Based in Tokyo, he will report to Chiang Ling Ng, chief executive and chief investment officer of M&G Real Estate Asia.
Ito has over 25 years experience across various real estate sectors in Japan, and joins from Tosei Asset Advisors where he was executive officer responsible for establishing its J-REIT business.
Prior to this he was an executive officer at IDERA Capital Management and senior officer at Mitsubishi UFJ Securities.
In Singapore, Richard van den Berg (pictured) will join as fund manager of the group’s core Asia property strategy. He replaces Scott Girard who is moving back to Australia to rejoin his family.
Berg joins from CBRE Global Investors where he was managing director and has over 30 years experience in the Asian real estate market, including stints at ING Real Estate and Rodamco Asia.
Elsewhere, Robert Walker will join as an independent board director for M&G’s core Asia property strategy, subject to regulatory approval.
Walker, who would join in November, has nearly 30 years of experience in Asia-based property roles. Most recently, he was head of Asia Pacific Real Estate at the Abu Dhabi Investment Authority.
Ling Ng said: “We are delighted to welcome Tenshin Ito, Richard van den Berg and Robert Walker to the team. They bring a wealth of experience of the Asia Pacific real estate markets and we are confident that these significant appointments will further consolidate our leadership position and deliver long-term income and capital growth to our investors.”