Former ADIA exec Kim joins QuadReal’s APAC leadership team

Peter Kim’s hire as managing director for Asia reflects QuadReal’s growing ambitions for investing in the region.

QuadReal Property Group, the Vancouver-based real estate arm of British Columbia Investment Management Corporation, has appointed Peter Kim as managing director for its Asia operations, as it looks to expand its international investment portfolio.

Kim will be responsible for building QuadReal’s international portfolio, with an emphasis on the investor’s Asia-Pacific investment strategy, according to an official statement announcing the hire.

“In the coming years, we plan to grow our international portfolio significantly, collaborating with best-in class investment and development partners around the world to help us access compelling investment opportunities globally. Peter is important to the success of this strategy,” commented Jonathan Dubois-Phillips, president, international real estate for QuadReal.

Kim joins QuadReal from the Middle Eastern sovereign fund Abu Dhabi Investment Authority (ADIA) where he was a senior portfolio manager in the real estate and infrastructure department. In that role, he was also responsible for ADIA’s Asia-Pacific strategy.

With 20 years of real estate industry experience, Kim was also previously a managing director at CBRE Global Investors in Hong Kong, where he was the regional head of acquisitions for Asia Pacific and a fund manager of the CBRE Phoenix Real Estate Fund.

QuadReal’s $24.5 billion portfolio spans 23 cities across 17 countries. In Asia Pacific, the investor’s latest deal was in October when it partnered with Ivanhoe Cambridge to invest up to $800 million in Indian logistics through LOGOS India. LOGOS India is a partnership between the logistics specialist LOGOS Group and the Indian real estate company Assetz Property Group.