Further strengthening Colliers' International Capital expertise and maximising opportunities from increasing capital flow into cross-border transactions in the region.
- John Howald joins Colliers as Executive Director and Head of International Capital | Asia Pacific
- Melvin Chay joins Colliers as Director, International Capital | Asia Pacific to further strengthen the team's capabilities
- Colliers has also been attracting industry leaders to enhance its Capital Markets capabilities in Asia Pacific and globally
SINGAPORE, 19 JULY 2021 – Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced that John Howald has been appointed as Executive Director, Head of International Capital | Asia Pacific. Howald will partner with international investors across Asia Pacific to develop solutions for their global real estate investment needs in collaboration with Colliers’ global capital markets teams.
Reporting to Terence Tang, Managing Director, Capital Markets & Investment Services | Asia, Howald is responsible for growing cross-border investment activity in Asia Pacific and leading international client development. He will work with global clients to execute investment strategies, including capital sourcing, acquisition advisory, equity capital raising, debt placement, and transaction management.
Across Asia Pacific, cross-border real estate transaction volumes have risen by 23% year-on-year in the first half of 2021, supported by strong deal flows in several core markets, including Hong Kong, Singapore, Australia, Korea, China, and Japan.
Global capital flows, especially from institutional investors, has been growing significantly due to increasing allocation into Asia Pacific real estate assets. John’s appointment will maximise opportunities from increasing capital flow into cross-border transactions in the region, while strengthening our service to deliver exceptional results for global institutional investors.
Tang commented: “We are delighted to have an expert like John join our APAC Capital Markets team. His experience in managing institutional client relationships and providing international investment advisory will help enhance our team’s capabilities and serve the evolving needs of our clients in the region. With his enterprising spirit, I am confident that John will exceed the expectations of our clients, leading our industry into the future.”
Howald commented: “I am incredibly excited to be joining Colliers, the fastest-growing real estate services company in the world. I look forward to working with the global capital markets leaders to deliver our strategy across the region and partner with key international clients to accelerate their success.”
Howald joins Colliers from JLL Japan, where he led the International Investment team, focusing on cross-border investment and structuring advice for direct real estate transactions and equity raising. He brings with him more than 15 years of experience in securing investment opportunities and divesting large-scale assets and portfolios, working with global institutional investors. Howald previously held positions at Ernst & Young in New York, focused on real estate, hospitality, and mergers and acquisitions advisory.
Strengthening Colliers' Capital Markets & Investment Services capabilities across the region
To further strengthen our International Capital expertise, Colliers also announced today the appointment of Melvin Chay, Director, International Capital | Asia Pacific, based in Singapore. He will collaborate closely with Howald to attract international capital into Colliers’ key markets in Asia Pacific.
Chay has over 10 years of experience in the real estate industry and had worked at Colliers at the beginning of his career. Chay was previously with CDL and was responsible for direct real estate acquisition and development opportunities across multiple asset classes, including residential, commercial, industrial and hospitality, focusing on Singapore and China markets. Chay’s enterprising spirit and expertise will grow the team’s capabilities in the Asia Pacific capital markets.
Across Asia, Colliers has also been attracting industry leaders to strengthen its Capital Markets & Investment Services capabilities in the region since the beginning of 2021; these include Senior Directors, Deval Valia (India), Nilanjan Chakraborty (India), Yasuhiro Kanno (Japan); Directors, Nicholas Wilson (Asia), Donald Goh (Singapore), Masahiko Kawauchi (Japan), David Li (Southwest China), Paul Chua (Philippines); Senior Associate Director, Vilas Chabukswar (India); and Associate Director, Andrew Sohn (Korea).
Bolstering our global Capital Markets network, London-based Chris Pilgrim was appointed as Director of Global Capital Markets in June this year, focused on connecting global capital from Europe to opportunities across all regions and asset classes. Pilgrim will work closely with Howald and our other global Capital Markets teams worldwide.
In addition, Colliers has seen an expansion of roles of its Capital Markets leaders in EMEA, including Luke Dawson’s appointment as Managing Director, EMEA Cross-Border Capital Markets and Richard Divall’s appointment as EMEA Cross-Border Capital Markets Director.