Global real estate investment management firm LaSalle Investment Management announced on the 12th that it has appointed a new executive team in the Asia-Pacific region.
LaSalle previously appointed Hyungseop Kim as the Asia-Pacific region's chief investment officer on the 1st. It then established a co-CEO system by appointing Kunihiko Okumura as the co-chief investment officer for the Asia-Pacific region.
Kim and Okumura are scheduled to be officially appointed as co-representatives of the Asia-Pacific region on July 1, succeeding Keith Fuji. The two representatives will establish the business vision and strategy for the Asia-Pacific region and oversee the investment performance for LaSalle Investment Management's clients.
Kim joined LaSalle in 2013 and currently serves as the Korea representative and a Commissioner on the Asia-Pacific investment committee. He has worked in real estate private equity and investment banking across various markets in the Asia-Pacific region for over 24 years.
Okumura joined LaSalle's Japan office in 2011. After being appointed as the co-chief investment officer for the Asia-Pacific region in 2021, he was appointed as the representative for Japan in 2023. Okumura has more than 27 years of experience in the Japanese real estate sector, completing over $20 billion (approximately 29 trillion won) in liability and asset transactions across various asset classes.
As a result of this personnel change, Fuji will assume the position of chairman of the Asia-Pacific region starting July 1. He will continue to hold the position of chair of the Asia-Pacific investment committee. Fuji joined LaSalle in 2018 as the representative for Japan and was appointed as the representative for the Asia-Pacific region in 2021.
According to the third quarter of last year, LaSalle Investment Management manages capital and liability assets worth $88.2 billion (approximately 128 trillion won) in the global real estate private and public market.