Credit Suisse Real Estate Investment Management has appointed Christopher Chiang as director and head of real estate for Asia Pacific.
PERE has learned that Chiang officially started his role at the real estate private fund business of the Swiss Bank on October 31. Chiang declined to comment on the news.
Based in Singapore, Chiang will be leading a regional real estate investment management team of around ten people. He will be responsible for all regional real estate activities including sourcing for new investment opportunities to grow Credit Suisse’s assets under management and strengthen the firm’s direct real estate exposure in the region.
Chiang replaces Benjamin Tan who left the leadership position last year and is now the regional director of capital markets for the property services firm Savills.
Before joining Credit Suisse, Chiang was a senior director in CBRE’s capital advisors team in Singapore. He was among the group of five senior directors, led by Nick Crockett, who left JLL’s corporate finance team in early 2013 to join CBRE’s newly-established dedicated capital advisory function.
Chiang spent over three years working with CBRE. He is the second executive to have left CBRE’s capital advisory team in the last few months. Last week, PERE broke the news of Crockett, the executive director of the team in Asia-Pacific, leaving the firm after serving his notice period.