JP Morgan Asset Management (JPMAM) has added two roles to its global real estate portfolio management team in Tokyo and London.
Masami Takizawa and Marie-Claire Bolton have been appointed executive directors for global real estate client portfolio management.
Takizawa joins from UBS Asset Management, where she was co-head of real estate and private markets in Japan.
Based in Tokyo, Takizawa will report to Ben Aiken, the head of real estate Asia-Pacific client portfolio management. Takizawa will work with Japanese institutions.
The appointment comes as large Japanese institutional investors, including the Government Pension Investment Fund, are gearing up to invest in global real estate for the first time.
Anton Pil, the managing partner of JP Morgan Global Alternatives, said: “As institutional investors allocate significantly more of their portfolios to real estate, we are observing a change in investor preferences.
“Where domestic-heavy real estate allocations once prevailed, now we are seeing more demand for truly diversified, global real estate portfolios.”
Bolton joins the London office from JPMorgan Private Bank, where she was a senior investment adviser for the UK investment team and responsible for business development and maintaining strategic client relationships.
She will report to Pete Reilly, head of real estate Europe. Bolton will advise institutions across Europe and the Middle East.