CBRE has appointed Alan Li as head of capital markets for Greater China in what is a newly-created role for the property services firm.
Li, who will begin his role in mid-December, will be responsible for leading the capital markets team across all geographies in Greater China, a region which includes China, Hong Kong and Taiwan.
Li will be joining from JLL where he headed the firm’s capital markets division in China and also served as an international director.
“This is further evidence of our commitment to growing our capital markets business in Greater China,” Richard Kirke, managing director of CBRE Capital Markets in Asia Pacific, said in a statement announcing the hire. “Alan is a strong and talented leader who has achieved an excellent track record in both domestic and international commercial real estate markets.”
Based in Shanghai, Li would be reporting to Kirke and Ben Duncan, president, North Asia, for CBRE.
“Alan has an unrivalled reputation in the market and his addition to our business supports our aspiration to become world class,” said Duncan. “It is a clear signal of the appeal that CBRE has for professionals who want to build fulfilling careers, and confirms the strength of our global and regional platform,”
CBRE has been strengthening its China team with the creation of multiple new roles. In August this year, the firm appointed Yvonne Siew as head of its international capital division in China to cater to the growing outbound investment volumes from the country. Siew was previously director and head of real estate in Citi Private Bank’s investment department in Asia.