M&G Real Estate, a part of M&G group, announced on Friday that it has appointed Jason Leong as the deputy fund manager of its Asia Pacific property strategy.
Based in Singapore, Leong reports to Richard van den Berg, the manager of the fund.
“We are delighted to welcome Jason to M&G. With his track record and wealth of experience in managing core strategies and real estate investing, we are confident that Richard and Jason will continue to deliver stronger and more sustainable value for our investors,’’ said Jing Dong Lai, chief executive and chief investment officer of M&G Real Estate Asia.
Leong joins the UK investment manager with more than 25 years of real estate investment and management experience in Asia Pacific, including Australia, Japan and Singapore.
He was most recently the group executive and head of investment management at Investa in Sydney, where he was responsible for the group’s fund management, separate mandates and asset management businesses.
He has also taken on senior roles at LaSalle Investment Management and New City Corporation.
The core Asia Pacific Property strategy is a diversified portfolio focusing on prime assets across developed markets in Asia Pacific that are underpinned by structural and demographic trends in key sectors such as logistics and residential, while acquiring offices in gateway cities, according to the company.
M&G Real Estates has £32.8bn ($40.9bn) under management as at 31 December 2022.