Global real estate consultancy CBRE has appointed Eiji Sakaguchi as the president and chief executive officer for Japan, PERE can reveal.
Based in Tokyo, Sakaguchi will be responsible for leading the firm’s operations in Japan. A source has told PERE he will start his role from October.
Sakaguchi is a seasoned real estate executive who has had more than 15 years of a working relationship with the New York-headquartered investment bank Morgan Stanley’s Japan team. Before being appointed by CBRE he was serving as the head of the real estate group and managing director of Mitsubishi UFJ Morgan Stanley.
According to this LinkedIn profile he joined Morgan Stanley in 2001. Prior to that he worked with Credit Suisse, and as a deputy manager with the Japanese real estate developer Mitsui Fudosan.
At CBRE Sakaguchi will take on the leadership mantle from Ben Duncan. In late 2014, Duncan, the property consultancy’s president and chief executive officer for Japan, was promoted to the position of president for North Asia. His remit was expanded to include charge of the China, Korea, Hong Kong, Taiwan and Macau business apart from Japan. He continued to retain his position as the Japan head and was working closely with Yoshihiro Watanabe who was appointed as the chief operating officer for CBRE Japan in October 2014.