(SINGAPORE) – Hines, the international real estate firm, today announced an expansion of the firm’s presence in Singapore. Kian Fong Lim joins the firm as Managing Director and will oversee new business initiatives in Singapore and Southeast Asia. He will report to Ray Lawler, CEO of APAC.
“We are very excited to welcome Kian Fong to Hines as our Singapore Country Head,” commented Lawler. “With his experience and demonstrated expertise, we look forward to elevating our Asia Pacific platform and capitalizing on the growing market opportunities in the region.”
Lim brings more than 11 years of experience in the Pan Asian real estate private equity space. Before joining the firm, he was the director of portfolio management and head of transactions in Southeast Asia for DWS. Before DWS, he worked at PAG Real Estate based in Tokyo. Throughout his career, he has transacted over $2.5 billion across Asia. He earned a Bachelor of Business Management in Finance and Bachelor of Accountancy from Singapore Management University and is fluent in English, Mandarin and Japanese.
“I am deeply honored and excited to be joining Hines and serving alongside the team in Asia,” said Lim. “I look forward to contributing to growing the platform and our presence in Singapore and Southeast Asia as part of the wider Asia Pacific region.”
Throughout APAC, the Hines team has grown to nearly 200 personnel strong across 15 cities, with 25 new hires made in the last 12 months who are directly involved in business generation and investment management roles. This new hire further demonstrates the firm’s commitment to become vertically integrated throughout Asia by elevating the investment management platform and capitalizing on opportunities in the region. In the current economic outlook, investors are increasing their focus and allocations toward Asia. With strong underlying economic growth, the risk-adjusted returns present Hines and their investors with compelling opportunities. Lim joins a Hines Singapore-based investment management team of eight with more local acquisition and development personnel hiring underway and expected to join in 2021.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 240 cities in 27 countries. Hines oversees a portfolio of assets under management valued at approximately $160.9 billion¹, including $81.7 billion in assets under management for which Hines serves as investment manager, and $79.2 billion representing more than 172.9 million square feet of assets for which Hines provides third-party property-level services. Historically, Hines has developed, redeveloped or acquired approximately 1,450 properties, totaling over 485 million square feet. The firm has more than 180 developments currently underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information. ¹Includes both the global Hines organization as well as RIA AUM as of December 31, 2020.