Kim Ho-Shik, former president of South Korea’s $230bn National Pension Service, has joined the advisory board of the Singapore-based real estate investment firm.
Martin Lamb, who previously worked for the Morgan Stanley Real Estate Funds, has been hired by the service provider to join the Singapore office as head of Asia Pacific property.
The Indian private equity firm has acquired a 49 percent stake in a project in Kolkata and is set to invest in further projects in the National Capital Region, Mumbai and Bangalore.
After the Investment Corporation of Dubai dropped out of the bidding for Land Securities’ $2.8bn outsourcing arm Trillium, the Qatar Investment Authority has reportedly emerged as a prospective bidder.
The Mumbai-based firm, a partnership between Apollo Real Estate Advisors and the SUN Group, will acquire a stake of around 40 percent in a special purpose vehicle for $70m.