People Moves

Crosslane Names Head Of Newly-Launched Singapore Office

Stephen Little Reporter London 21 May 2014

Crosslane Names Head Of Newly-Launched Singapore Office

Crosslane Fund Manager, part of the Crosslane Group, a Manchester-based firm which specialises in student accommodation funds, has appointed Martin Chong to establish and manage its new offices in Singapore as part of the firm's plan to grow its global footprint. 

Crosslane Fund Manager, part of the Crosslane Group, a Manchester-based firm which specialises in student accommodation funds,  has appointed Martin Chong to establish and manage its new offices in Singapore as part of the firm's plan to grow its global footprint. 

Chong will be responsible for the promotion of the Victus European Student Accommodation Fund, supporting advisors in the region and enhancing awareness of the fund across Asia, Crosslane said in a statement.

He has worked in Singapore and Malaysia since 1998 in a number of high-profile financial institutions, including the Bank of East Asia and Phillip Securities.

“We recently established a UAE presence by opening offices in Dubai. The next step in growing Crosslane’s worldwide footprint is appointing Martin to manage offices in Singapore. Investors across Asia recognise the extremely attractive investment opportunities in Europe’s top university cities and we want to provide them with the best access possible. It is Crosslane’s aim to become the primary point of contact for investors wishing to access the European Student Accommodation sector,” said Mark Stubbs at Crosslane.

Crosslane was established in 2007 by Michael Sharples and James Metcalf and is the promoter and property advisor to Victus. The targetted annual return of the fund is 9 – 12 per cent yearly.

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