SOURCE: Colliers International

Colliers International

June 24, 2013 20:00 ET

Colliers International Sets a New Scene in Asia Real Estate Investment With Strategic Hire

HONG KONG--(Marketwired - Jun 24, 2013) - Colliers International today announced that Terence Tang has been appointed as Managing Director of Asia Capital Markets and Investment Services where he will lead a dedicated team of investment professionals across Asia.

"Integration and empowerment are key in our restructuring of the Asia Capital Markets and Investment Services division. All our investment specialists will go beyond collaboration and strive for true integration," says Piers Brunner, Chief Executive Officer, Asia, Colliers International. "Their expertise will not confine to their local markets; rather, they will be empowered with a comprehensive knowledge of major property markets in Asia."

Terence has more than 24 years of extensive real estate experience that spans across a wide spectrum of investment management and advisory services. Hailing from Invesco, he was running their real estate investment management business in South East Asia where he had successfully grown the assets under management in Singapore from zero to USD200 million within an 18-month period. Before returning to Singapore, he was Managing Director and Head of the Greater China operation of AIG Real Estate, spending more than six years in China. He previously also held the positions as international director for Jones Lang LaSalle China and country head for Jones Lang LaSalle Singapore, in addition to other senior roles in both the real estate investment and asset management divisions with the Government Investment Corporation of Singapore.

"From my investment management experience, it became obvious to me that the traditional investment services and advisory business have to change," said Terence. "More and more private Asian wealth capital is searching for investment opportunities regionally with better risk and return profile. It is important for the investment advisory business to be regionalised and institutionalised, because it is all about serving the interests of the clients and providing them with well thought-out solutions."

About Colliers International
Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research.