APG Asset Management has appointed Brian Hung as head of real estate for Asia-Pacific, effective mid-November. Hung will succeed Graeme Torre, who has decided to leave the company after eight years to look for a new career challenge.
Hung has nearly two decades of experience across Asia and global markets, including a strong track record at APG, where he has played a central role in the firm’s real estate strategy.
He will lead a long-standing team of industry experts with deep local market knowledge and a shared commitment to delivering responsible, long-term investment outcomes for APG’s clients.
Prior to joining APG, Hung held investment banking roles at Bank of America Merrill Lynch in New York and Hong Kong.
Commenting on Torre’s departure, Patrick Kanter, global CIO for private markets, says: “Under Graeme’s leadership, the Asia-Pacific real estate platform significantly expanded its team of regional experts and strengthened the existing partnerships across the mainstream sectors. The APAC real estate portfolio also grew beyond core assets to encompass alternative sectors such as data centres, debt, multi-family residential, self- storage and life sciences.”
Rutger van der Lubbe, head of global real estate, welcomes Hung’s appointment. “APG’s dedication to and focus on Asia’s private markets remains ongoing, and we are confident that, under Brian’s leadership, our team is strongly positioned to continue capturing the substantial range of opportunities present throughout the region,” he says.