Dutch property group Redevco has appointed Robert Lie to the new position of managing director for Redevco Asia. Lie, until recently CEO Asia at ING Real Estate Investment Management (REIM), will lead Redevco's investment and development activities in its second home market, Asia, from its new office in Hong Kong, China.
Dutch property group Redevco has appointed Robert Lie to the new position of managing director for Redevco Asia. Lie, until recently CEO Asia at ING Real Estate Investment Management (REIM), will lead Redevco's investment and development activities in its second home market, Asia, from its new office in Hong Kong, China.
Robert Lie has held various positions at ING REIM and has been CEO Asia since 2004. Redevco marked its entry into Asia earlier this year with a $30mln investment in the Arch Capital Asian Partners Fund. 'Especially India and China offer unparalleled opportunities because of their growing markets and high economic growth,' said Jaap Blokhuis, CEO of Redevco.
From the new office in Hong Kong, Robert Lie will build an Asian real estate portfolio comprising retail investments and developments, primarily new shopping centre developments, in Asia's major cities. Together with local partners, the company will develop for its own portfolio, in line with its strategy to diversify geographically.
Redevco has also plans to open a second office in New Delhi, India, later this year.
