BNP Paribas launches Asian platforms

BNP Paribas Real Estate has launched two Asian platforms in Hong Kong and Singapore to attract Asian investment into Europe.

The platforms aim to help Asian investors source and manage real estate assets in Europe through a contact based in their local market. BNP Paribas plans to do the same for investors in the Middle East by opening a platform in Dubai in the coming months.

The property advisory firm has appointed three senior professionals to head up the Asian platforms. Mark Kumarasinhe, 39, will lead the Hong Kong operation as managing director of North Asia. He was previously both a director at Macquarie Bank and chief investment officer of Macquarie Office Trust.

Mathieu Brummer, 35, will take up the position of deputy head in Hong Kong. He was previously an international investment director with BNP Paribas Real Estate’s Frankfurt office after spending several years with Morgan Stanley Real Estate.

Yo-Hann Tan, 41, will direct the Singapore operation as managing director of South Asia. He was previously deputy CEO of Aareal Bank Asia Limited where he established and managed the bank’s real estate lending business in Asia. He joins from Singapore-based investment firm Richard Chandler Corporation, where he was senior vice president

BNP Paribas Real Estate is currently active in 18 countries and employs 3,300 people.