Asian capital markets: flowing in vs flowing out
Wednesday, 7th November 2012 from 11:30 AM to 12:30 PMPanel HKCEC, Level 5, Hall F-G, Pearl Room Investment Summit |
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- Capital raised vs. capital deployed and reasons for the gap |
Speaker(s)
KHOO FrankAXA Real Estate (Singapore) | Global Head of Asia Frank was appointed Global Head of Asia for AXA REIM in 2008. He oversees all investment and asset management activities in the Asia Pacific region and is responsible for all Asian investment funds. Frank has more than 15 years direct experience in real estate investment and management. Prior to joining AXA REIM, he was with the Pacific Star Group, a boutique Pan Asian real estate investment house headquartered in Singapore, where he was instrumental in the launching of several funds. Before that, he spent substantial years in Guthrie GTS Ltd, a Singapore mainboard listed property company as Director of all overseas projects and was also President Director of PT Wisma Nusantara International and PT Guthrie Jaya Indah Resort, both real estate investment and development companies based in Indonesia. Frank was also executive director of PhileoLand Bhd, a real estate company listed on the Kuala Lumpur Stock Exchange. He started off his training in corporate finance in Capitalcorp Securities Bhd, a listed stockbroking house in Malaysia specializing in mergers and acquisitions, leveraged buyouts and initial public offerings. Frank holds a MBA (Accountancy) from Nanyang Technological University in Singapore, a bachelor of Engineering (Honours) and a Bachelor of Science from the University of Queensland in Australia. He is also a qualified Certified Public Accountant (CPA) in Singapore. Frank is also Co-Chairman, Real Estate Committee of the European Chamber of Commerce (EUCCK) in Korea. About AXA Real Estate: AXA Real Estate Investment Managers (AXA Real Estate), a wholly-owned subsidiary of AXA Investment Managers, is the largest real estate portfolio and asset manager in Europe, with 42 billion of assets under management as at the end of December 2011. It has over 130 third party institutional clients spread across the world, in addition to managing funds for 10 AXA insurance companies. With 500 real estate professionals operating in 22 countries, AXA Real Estate's competitive advantage stems from its global fund management expertise combined with extensive on-the-ground deal sourcing, asset management and development execution capabilities. AXA Real Estate structures and actively manages or advises investment products, seeking wide ranging opportunities along the risk spectrum to deliver targeted returns commensurate with clients risk profiles, through a variety of investment strategies. These range from core to opportunistic, country-specific to geographically diversified, sector-specific to multi-sector, with the capacity to invest at all levels of the capital structure. Global growth remains a key priority and AXA Real Estate is currently expanding its presence in both the US and Asia, most recently with the launch of its US office in June 2010. Assets under management have grown from 17 billion 10 years ago to 42 billion today. Visit our website: www.axa-realestate.com AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with approximately 512 billion in assets under management as of the end of December 2011. AXA IM employs 2,400 people around the world and operates out of 22 countries. Visit our internet website: www.axa-im.com 
SCHWARTZ SkipHeitman (Japan) | Managing Director With firm 15 years, 15 years real estate experience Skip is the Managing Director for Heitman's real estate private equity platform in Asia. Skip is responsible for overseeing the regional team, as well as sourcing and identifying new real estate investments and joint venture partnerships across Asia-Pacific. Prior to relocating to Tokyo in 2008, Skip was in Heitman's European offices for seven years where he was involved in over €1.25 billion of investment, joint venture and development transactions across Central and Western Europe. During his prior five years in the Chicago headquarters, Skip was involved in approximately $450 million of transactions. Skip holds MBA degrees from Fuqua School of Business at Duke University and Goethe Business School at Frankfurt University. He received his BA (Honors) in International Relations and MA in Organizational Behavior from Stanford University. Skip is also a member of the Urban Land Institute and has participated on numerous panels on property investment in Europe and Asia. About Heitman: Founded in 1966, Heitman LLC is a global real estate investment management firm with over $25 billion in assets. Heitman makes investments in commercial real estate directly or in publicly traded real estate securities. The firm is uniquely structured, with 50 percent of the company owned by 16 senior employees and 50 percent owned by Old Mutual plc. Heitman serves a global client base with clients from U.S., European, Middle Eastern and Asian institutions, pension plans, foundations and corporations. Headquartered in Chicago with offices in Los Angeles, Washington DC, London, Luxembourg, Munich, Moscow, Warsaw, Hong Kong, Melbourne and Tokyo, Heitman's 249 employees offer specialized expertise - from a specific discipline to local insight. 
SANGHRAJKA SatyanUBS | Director - Business Development APAC - Global Real Estate Satyan Sanghrajka is a Business Development and Capability Manager for Global Real Estate (GRE) in the Asia Pacific region. In this role, he is responsible for growing the client and product franchise and for developing UBS's global real estate business in APAC. Prior to moving to Asia, Satyan was part of the Business Development and Capability Management team for GRE in New York. He was responsible for developing the marketing and client relationship capabilities, including new business development and client relationship management. Satyan joined UBS Global Asset Management in 1995. Earlier roles include as an Economic Research Assistant and as a Junior Analyst on asset allocation portfolios. About UBS: Actively manages real estate investments worth approximately USD 62 billion / CHF 58 billion (as at December 31, 2011) globally, regionally within Asia, Europe / Switzerland across the major real estate sectors, making it the second largest real estate manager worldwide. Its capabilities are focused on core and value-added strategies, but also include other strategies across the risk/return spectrum. These are offered on a global, regional and country basis and through open- and closed-end private funds, customized investment structures, multi-manager funds, individually managed accounts and real estate securities. |
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Moderator
STINSON John Cushman & Wakefield (Singapore) | Managing Director, Capital Markets Group, Asia Pacific John Stinson, based in Singapore, is responsible for the Cushman & Wakefield Capital Markets Group in Asia Pacific. Capital markets includes investment advisory in the sale and purchase of direct real estate across all sectors, asset management, investor services and third party capital raising in the indirect markets. The Cushman & Wakefield Asia Pacific Capital Markets platform under John's leadership comprise 85 professionals operating in 32 cities in 15 countries. John has over 20 years industry experience working with investors , funds and property companies in Asia Pacific and globally. He has been involved in some of the largest deals in the region in office, retail and hotel transactions and has represented Asian based investors on acquisitions in Europe, London and North America. The Cushman & Wakefield Asia Pacific Capital Markets Group retain the record for the highest sale price achieved in the region ( Ex Japan ) with the sale of Capital Square Singapore for $728m USD in May 2011 and have been responsible for more than $3bnUSD transactions across the region in 2011. About Cushman & Wakefield: Cushman & Wakefield is the world's largest privately‐held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world's major markets, as evidenced by its frequent involvement in many of the most significant property leases, sales and assignments. Founded in 1917 it has 243 offices in 60 countries and more than 14,000 employees. It offers a complete range of services for all property types, fully‐integrated on a global basis, including leasing, sales and acquisitions, debt and equity financing, investment banking, corporate services, property management, facilities management, project management, consulting and appraisal. The firm has more than $5.5 billion in assets under management through its wholly‐owned subsidiary Cushman & Wakefield Investors. A recognized leader in local and global real estate research, the firm publishes its market information and studies online at www.cushmanwakefield.com/knowledge. |
