13 July 2017
Tokyo
Reporter: Theo Andrew
M&G strengthens senior management team across Asia
M&G Real Estate has added three senior appoints to its team in Asia.

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.”

More news
The latest news from Real Estate Investment Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Walkie Talkie deal is UK's biggest, over
27 July 2017 | London | Reporter: Mark Dugdale
Hong Kong conglomerate LKK Health Products Group has bought 20 Fenchurch Street for £1.23 billion, the largest ever UK single-property deal
CPPIB invests £250 million intu properties
27 July 2017 | Manchester | Reporter: Theo Andrew
The junior security will help facilitate the asset manager’s corporate business plan, and is supported by intu’s ownership of the 1.9 million-square foot Trafford Centre in Manchester
Nelson Mullins adds real estate attorney Sue Davis to Boston office
27 July 2017 | Boston | Reporter: Theo Andrew
Prior to joining Nelson Mullins & Scarborough, Davis spent 12 years at Riemer & Braunstein, most recently as partner
Allianz finances Liffey Valley for German pension fund
27 July 2017 | Dublin | Reporter: Theo Andrew
The seven-year fixed-rate loan was made on behalf of several Allianz entities at an “attractive all-in rate and a conservative loan-to-value ratio”
Dillon Eustace names head of real estate
26 July 2017 | Dublin | Reporter: Theo Andrew
O’Hara is the second real estate partner appointment at Dillon Eustace in four months, after Martin Colman joined the firm in March
UBS AM strengthens ties in Madrid
26 July 2017 | Madrid | Reporter: Theo Andrew
UBS Asset Management’s Real Estate and Private Markets business has acquired an office building in Madrid for €38.5 million
Universities Superannuation Scheme invests in UK water
26 July 2017 | London | Reporter: Mark Dugdale
The Universities Superannuation Scheme has secured a 10.94 percent stake in Thames Water, the UK’s largest regulated water utility company