The long-serving executive will officially leave ARA at the end of the month as part of the firm’s plan to integrate with its parent company ESR Group.
The German insurer has appointed the former global head of real estate at Korea’s National Pension Service to stabilize its real estate business in Asia following a period of fast growth.
The Australian firm also plans to make new hires to bolster its third-party capital management and fundraising capabilities in opportunistic real estate.