Alistair Meadows to head Int'l Capital Group, Asia-Pacific
JONES Lang LaSalle (JLL) yesterday said that it appointed Alistair Meadows as head of its International Capital Group, Asia-Pacific (ICG) with effect from August this year.
Mr Meadows, a capital markets specialist, will be based in Singapore. He has 15 years of international real estate experience within the Asia-Pacific and Europe, and joins JLL from DTZ Sydney, where he held the role of regional director, Capital Markets.
JLL's press statement yesterday said that Mr Meadows will work alongside Andrew Martin, a member of the ICG based in Sydney, Australia, and Stuart Crow, head of Asia-Pacific Capital Markets in Singapore, to help drive the expansion of the firm's global capital markets business. JLL's ICG team comprises senior Capital Markets professionals who oversee and coordinate the sale and financing of trophy assets with global investor appeal.
Mr Meadows will focus on facilitating cross border capital flows and investment transactions, driving sources of capital especially in Korea, China and South-east Asia, to invest outside of the Asia-Pacific.
Alastair Hughes, JLL's chief executive officer for Asia-Pacific, said in the press statement that the group was well positioned to take advantage of the increase in capital volumes in the property market.
'Cross border momentum is building as economies continue to recover and with an expected growth in investment volumes of 35-45 per cent across the region this year, we are seeing a renewed appeal to investors in the market,' he said.
Mr Meadows, who is 39, holds a Masters Degree in Land Economy from Cambridge University and a Bachelor of Arts from University of Newcastle-upon-Tyne.
During his tenure with DTZ, he was responsible for major cross border investment transactions totalling over US$3 billion, with both in-bound capital to Australia and out-bound capital to Europe and Japan.
Source: Business Times, 25 May 2010