Hines, a privately owned global real estate investment firm, recently hired Kian Fong Lim as managing director to lead its Singapore office.
Lim, who started overseeing Singapore and Southeast Asia new business initiatives for Hines in July, directly reports to Ray Lawler, CEO for Asia Pacific (APAC), the company said in a release.
“We are very excited to welcome Kian Fong to Hines as our Singapore country head,” Lawler said in the release. “With his experience and demonstrated expertise, we look forward to elevating our Asia Pacific platform and capitalizing on the growing market opportunities in the region.”
Prior to joining Hines, Lim has had more than a decade of experience in the real estate industry. For over three years he was the director of portfolio management and head of transactions in Southeast Asia for The DWS Group (formerly Deutsche Asset Management). He also worked at Tokyo-based company PAG Real Estate for nearly six years, holding the senior VP role. He has transacted more than $2.5 billion throughout Asia during his career, the company said in the release.
Hines currently employs nearly 200 people in the APAC region across 15 cities, with 25 new hires made in the last 12 months who are directly involved in new business and investment management roles, the company said. Onboarding new members demonstrates the firm's commitment to becoming vertically integrated throughout Asia, the company said.
Hines touts that it has over 180 developments currently underway around the world. It also manages a portfolio of assets valued at approximately $160.9 billion, including $81.7 billion in assets under management for which Hines serves as investment manager, and $79.2 billion representing more than 172.9 million square feet of assets for which Hines provides third-party, property-level services, the company said.