Michael Wilkinson, one of the original founders of MGPA, left the Europe- and Asia-focused real estate investment management firm last week, according to an internal memo seen by PERE.
In the memo, MGPA chairman James Quille said Wilkinson departed ‘to pursue new challenges’ but will remain as a consultant to the firm, advising on its development assets.
Wilkinson spent 11 years with MGPA working in a variety of capacities and countries in Asia. Most recently, he was managing director of its Asia development division, based in Singapore. In addition, he was one of the founding partners of MGPA when it was formed in February 2004 through a management buyout of Lend Lease’s real estate investment management platform with capital from Macquarie Bank.
During his time with the firm, Wilkinson was involved in a number of high profile investments, including its $540 million investment in The Intermark, a large mixed-use development in Kuala Lumpur’s city centre, funded with capital from its MGPA Asia Fund II.
While MGPA will be losing one of its senior executives, the development division recently was boosted by the appointment of Hugh Andrew from Hong Kong Land, who is responsible for the leasing and asset management of MGPA's major development projects. He currently is heavily involved in both aspects for The Intermark and Singapore's Asia Square developments.
Quille said: “I and all my colleagues at MGPA wish to thank Michael for his contribution over the years in the many roles he has played in the growth and development of MGPA. Michael will continue to remain a shareholder and a friend of MGPA, and we wish him all the very best in his future endeavours.”