People Moves
UK Realty Advisor Strengthens Asian Expansion Strategy With New Head
DTZ, the UK-based real estate advisor, has named
David Schaefer as the new head of
DTZ Investment Management, Asia Pacific and global head of
institutional capital for the same.
Schaefer joins the company from Citigroup, where he was managing
director, head of Asia Pacific at
Citi Property Investors (Hong Kong). His appointment is
effective immediately and he will be based in Hong Kong, the firm
said in a statement.
DTZ has over 10,000 staff worldwide and has operations in China,
India, Indonesia, Japan, Malaysia, Singapore, South Korea,
Thailand, Australia and New Zealand. However, while the company
has more than $2 billion under management from its London office,
it has yet to expand significantly in Asia.
Part of Schaefer's new responsibilities is building the company's
investment management business in the region. As global head, he
will focus on expanding DTZ's investment management client base
globally.
He reports to
Serkan Bektas, the global head of capital markets.
