APAC real estate people in the news 2026-08-10. Hang Lung Group and its Hang Lung Properties unit have ended a more than seven-month wait for a new chief executive, as retail veteran Leo Tsoi steps in to lead the Hong Kong-listed investment firm and its developer subsidiary. Also on the move, Blue Owl Capital, which backs data centre operator Stack, has named a new head of Japan and The Living Company has named a new head for its open-ended core fund. Hang Lung Group and Hang Lung Properties have named Toys "R" Us Asia chief executive Leo Tsoi as their next CEO, according to a company announcement, ending more than seven months of uncertainty regarding the group's leadership. Tsoi, 56, joins Hang Lung 7 September as CEO-designate before taking over 1 October from Weber Lo, who steps down after eight years, but remain engaged as an advisor to chairman Adriel Chan. Having led Toys R Us Asia for the past three years, Tsoi is also a veteran of more than a decade at Starbucks China, where he scaled the chain from 600 to 6,000 stores, and earlier PepsiCo and Procter & Gamble. Blue Owl Capital has hired Takeo Ikemori as head of Japan institutional capital, according to a company announcement, to co-lead its Tokyo office alongside Yoichi Nakamura, head of Japan private wealth. Ikemori, who reports to Blue Owl's head of Asia institutional capital Michael Dale, joins from Natixis, where he led the bank's Japan coverage of financial institutions, and spent 16 years at Barclays in senior rates and cross-asset sales. Ikemori's team will pitch Japanese banks and insurers on private debt, real estate and GP-stake products for the $319 billion manager. Christine Ooi has joined The Living Company as fund manager of its Core Fund, according to a LinkedIn update, arriving weeks after Mingtiandi reported the Sydney-based build-to-rent and retirement living platform hired Malavika Nambiar as investment manager for Asia. Ooi joins from Mirvac, where she spent three years as deputy fund manager for build-to-rent, helping bring Australian Retirement Trust's 48.5 percent stake into the $1.1 billion LIV Mirvac Fund. She earlier spent 12 years at Lendlease across fund and finance roles, then three years at EY. Ooi holds a commerce degree from UNSW and is a chartered accountant. Joshua Mudge has joined Investa as director of capital transactions, according to a LinkedIn update, tasked with co-leading high-value property deals and capital initiatives for the Sydney-based fund manager, which recently teamed with BGO and Cliffbrook on a A$715 million Dexus office buy. Mudge joins after 14 years at LaSalle Investment Management, most recently as head of acquisitions for Australia across retail, office, residential and industrial deals; LaSalle recently sold Australian shopping centres to Charter Hall for A$360 million. He earlier spent three years as a retail valuer at CBRE and holds a property economics degree from UTS. Takuji Nozaka has joined Samty Holdings in a legal and compliance role, according to a LinkedIn update, moving to the Tokyo-based real estate asset manager that Hillhouse Investment took private last year. Nozaka joins Samty after seven years at KKR's KJR Management unit, where he served most recently as executive officer and head of compliance and risk management, having earlier held similar roles at Vanguard and logistics developer GLP. A New York-qualified attorney and licensed real estate appraiser, Nozaka holds law degrees from the University of Tokyo and the University of Pennsylvania. Wee Hur Holdings has promoted Peter Scott to chief executive of its Australian subsidiary, Wee Hur (Australia), effective 1 August, according to a filing with the Singapore Exchange. Scott, 49, moves up from deputy CEO after having previously served six years as general manager overseeing the Singapore-listed group's build-out of Australia's purpose-built student housing business, including the GIC-backed portfolio Greystar bought for A$1.6 billion. Scott earlier spent five years at AECOM as a project manager and associate director, and previously managed construction in the UK and New Zealand. He holds a mechanical engineering degree from the University of Canterbury. Savills has hired Shun Endo as managing director for its Asia Pacific capital markets team, according to a company announcement, tasking him with expanding the firm's data centre capabilities under APAC capital markets chief Neil Brookes. Based in Tokyo, Endo joins from CBRE, where he headed data centre capital markets for Asia Pacific, and will work with Savills' Eastdil Secured platform, bought from Temasek for $1.1 billion. He earlier worked at KKR Japan and CLSA Capital Advisors Fudo. Savills also hired Ryota Tsutsui from CBRE as a senior associate to support Endo. Fantasia Holdings Group has appointed Brock Silvers as a non-executive director, effective 30 July, the date its long-running offshore debt restructuring took effect, according to a filing with the Hong Kong stock exchange. Silvers, 62, a distressed investment veteran who has worked on behalf of Morgan Stanley Asia, earlier ran Kaiyuan Capital and served as a managing director at Adamas Asset Management. Silvers holds degrees from Columbia, Wharton and Penn's Lauder Institute. If you know of other Asia Pacific real estate professionals changing their jobs, getting promoted or just doing something exciting, please contact us here at Mingtiandi.

LaSalle acquires office building in Tokyo's Shinjuku submarket. Completed in 2023, Zenith Minami Shinjuku is located in one of Tokyo's most supply-constrained and high-growth submarkets. July 6, 2026 * Tokyo (July 6, 2026) - LaSalle Investment Management ("LaSalle"), the global real estate investment manager, today announced the acquisition of Zenith Minami Shinjuku, a 14-story office building located in one of Tokyo's most supply-constrained and high-growth office submarkets. The acquisition was made on behalf of LaSalle Asia Opportunity VI, LaSalle's Asia Pacific opportunistic real estate fund. Completed in November 2023, the property is situated in the Shinjuku submarket, a three-minute walk from JR Yoyogi Station and within walking distance of Shinjuku Station. The building offers 6,056 square meters of net rentable area across 14 stories, featuring efficient 373 square meter floor plates, expansive full-height windows on both the north and south façades, and panoramic views over Shinjuku Gyoen National Garden. The property holds CASBEE (New Construction) Rank-A and CASBEE (Real Estate) Rank-S certifications. The building is currently 100 percent occupied by a diverse mix of tenants across healthcare, technology, logistics, food and beverage, renewable energy, and professional services, and its high-quality specifications and prime location position it well to benefit from the continued growth of Tokyo's office market. The transaction was sourced through an off-market process and leverages LaSalle's strong market relationships and disciplined execution capability. Steve Hyung Kim, Head and Chief Investment Officer of Asia Pacific said: "The acquisition of Zenith Minami Shinjuku exemplifies LaSalle's opportunistic strategy of creatively sourcing deals where in-place rents sit considerably below market. The investment offers a clear path to mark-to-market rental reversion while remaining favorably positioned in a reflationary environment." Kanzo Ichihara, Head of Acquisitions, Japan said: "Zenith Minami Shinjuku is a compelling acquisition in a submarket characterized by exceptional supply scarcity. The Shinjuku submarket has seen limited meaningful new office supply in recent years and occupier demand for high-quality, newly built spaces continues to strengthen. We are confident in both the building's competitive positioning and in our team's ability to execute on behalf of our investors." - END - About LaSalle Investment Management | Investing Today. For Tomorrow. LaSalle Investment Management, a subsidiary of JLL, is a globally integrated, diverse real estate investment manager. On a global basis, LaSalle manages US$86.9 billion of assets in private and public real estate equity and debt investments as of Q4 2025. LaSalle's client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a diverse range of investment vehicles, including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information please visit www.lasalle.com and LinkedIn. NOTE: This information discussed above is based on the market analysis and expectations of LaSalle and should not be relied upon by the reader as research or investment advice regarding LaSalle funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made to certain qualified investors by means of a private placement memorandum or applicable offering document and in accordance with applicable laws and regulations. Past performance is not indicative of future results, nor should any statements herein be construed as a prediction or guarantee of future results. Company news Jun 30, 2026 LaSalle secures €450 million Continental European office mandate The mandate was awarded on behalf of a German pension fund and will focus on the office sector in Continental Europe. Jun 11, 2026 LaSalle acquires purpose-built student housing near Michigan State University Red Cedar Flats, a 190-unit, 436-bed community, is located within walking distance of Michigan State University. May 28, 2026 LaSalle and Lipton Rogers secure resolution to grant planning permission for 1 Silk Street redevelopment in the City of London The redevelopment will contribute around 7.5% of the minimum Grade A office space which the City of London needs by 2040 See all

LaSalle acquires purpose-built student housing community near Michigan State University. Business · JUN 11, 2026 PR Newswire CHICAGO, June 11, 2026 /PRNewswire/ - LaSalle Investment Management ("LaSalle"), the global real estate investment manager, today announced the acquisiti... CHICAGO, June 11, 2026 /PRNewswire/ - LaSalle Investment Management ("LaSalle"), the global real estate investment manager, today announced the acquisition of Red Cedar Flats, a 190-unit, 436-bed purpose-built student housing community located within walking distance to Michigan State University in East Lansing, Michigan. LaSalle acquired the property on behalf of LaSalle Value Partners IX ("LVP IX"), alongside joint venture partners King Bridge Partners and Clear Rock Capital. Completed in 2017-2021, Red Cedar Flats is strategically positioned to serve Michigan State University's student population. The acquisition represents LVP IX's first investment in the student housing sector and reflects the fund's continued focus on identifying value-add opportunities across compelling real estate sectors. Jeff Shuster, President of LaSalle Value Partners, said: "Student housing is an attractive residential subsector, particularly for newer, campus-adjacent assets at large universities experiencing enrollment growth, limited new development and constrained housing options. Red Cedar Flats is a well-located, high-quality asset that fits this thesis. The property was acquired below replacement cost with in-place cash flow and represents an attractive opportunity to generate strong risk-adjusted returns for our investors." The acquisition expands LVP IX's "living" sector portfolio and complements the fund's other value-add investments across industrial, residential, and healthcare. Record enrollment at Michigan State University underscores the strength of demand supporting the asset. Joseph Paskov, Senior Vice President of LaSalle Value Partners, added: "This acquisition reflects the broader team's ability to source differentiated investments through targeted relationships that offer compelling returns relative to the risk profile. We continue to see interesting opportunities in the student housing sector that align with our value-add strategy and offer measurable downside protection." Leading student housing operator University Partners will provide property management and co-asset management services. About LaSalle Investment Management | Investing Today. For Tomorrow. LaSalle Investment Management, a subsidiary of JLL, is a globally integrated, diverse real estate investment manager. On a global basis, LaSalle manages US$86.9 billion of assets in private and public real estate equity and debt investments as of Q4 2025. LaSalle's client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a diverse range of investment vehicles, including separate accounts, open- and closed-end funds, public securities and entity-level investments. Media Contacts: Doug Allen Dukas Linden Public Relations [email protected] +1-646-722-6530 SOURCE LaSalle Investment Management Published by News Desk · WeeklyReviewer The WeeklyReviewer news desk monitors breaking developments around the clock - sourcing, verifying, and publishing real-time industry news across business, technology, politics, science, sports, and world affairs. Every story that comes through the Live Wire is reviewed for accuracy before publication, keeping our readers ahead of the curve without the noise.