Koichiro Otake has been with DWS since 2007 (Image: DWS)
DWS continues to join its Asia Pacific leadership team, with Deutsche Bank’s investment management division announcing on Tuesday the promotion of Koichiro Otake to head of real estate in Japan.
In addition to his responsibilities as head of real estate research for the Asia Pacific region, Ob is the top German fund manager in Asia’s second-largest economy. The company’s regional real estate director notes that Ob’s experience has prepared him to lead the global economy. Japanese business in a rapidly changing market.
“I have confidence in Koichiro’s proven leadership skills and his ability to continue this legacy by optimizing value for real estate investors.” Head of Asia Pacific Real Estate at DWS Christopher Kim said in a statement. “As an industry veteran, his deep expertise across real estate sectors and unique knowledge of the Japanese real estate market will help him rebuild our presence in today’s market conditions and create resilience for the future. We are well-positioned to do so.”
Ob’s appointment is the latest in a series of personnel changes in the Asia-Pacific region for DWS, which had appointed new leaders for its South Korea and Singapore real estate teams just four months earlier.
16th year veteran
Mr. Obu, who has 28 years of industry experience, has been with DWS since 2007 and has led the company’s Asia Pacific real estate research for the past 10 years, having previously served as head of the Japan and South Korean markets. .
Christopher Kim of DWS
“Our priority remains to crystallize returns for DWS investors and leverage our long-established network and built-up expertise to source attractive investment opportunities across new sectors and strategies. “We are focused on,” Ob said in a statement.
Prior to joining DWS, the University of Tokyo graduate was Head of Real Estate and Construction at Sumitomo Mitsui Banking Corporation’s Corporate Research Department in Tokyo and Senior Research Analyst at SMBC in London.
“I am honored to lead DWS’s Japanese real estate business and look forward to continuing our platform’s strong tradition as a leading fiduciary real estate manager,” said Mr. Otake. In his new role, Ob will report directly to Kim in Singapore, in addition to his existing oversight from Simon Wallace, DWS’ global co-head of EMEA and APAC real estate research, who is based in London. .
Renewing APAC leadership
DWS, which is majority-owned by Deutsche Bank but is listed separately on the Frankfurt Exchange, promoted portfolio manager Rating Deng to head of real estate in Singapore in June, while also appointing Jeong-hoon (Phil). The company promoted Mr. Cook from head of Korean trading to director. Director of real estate in Asia’s fourth largest economy.
In the final month of 2022, DWS promoted Stephen Kim to head of real estate asset management for the Asia-Pacific region, after the Seoul-based firm previously served as head of real estate asset management for South Korea.
In November last year, the company hired George Anastasiou as head of Australian real estate, bringing the Australian investment veteran to MEC Global Partners Asia, part of the Mitsubishi Estate group where he was head of Australia. I was welcomed from
DWS Real Estate, which operates as part of DWS’s Alternatives division, managed nearly 79 billion euros ($83.4 billion) of real estate assets worldwide as of June 30.
