Hotels

A veteran in the real estate industry, Terence has more than 30 years of experience in principal real estate investment management and advisory services. Over the years, he has undertaken more than 150 real estate transactions, with a combined value of over USD12 billion – spanning different sectors across Asia.

At Colliers, Terence helms the Capital Markets & Investment Services Asia business, which is made up of a team of more than 130 senior Investment Services executives across the region.

Prior to joining Colliers, Terence was with Invesco Real Estate Group, where he was the Head of China before relocating back to Singapore to assume the role of Head of Southeast Asia.

Before Invesco acquired the Asia Pacific real estate fund management platform of AIG in January 2011, Terence was the Managing Director of AIG Global Real Estate Group, overseeing the real estate business in Greater China.

Prior to AIG, Terence led deal sourcing, evaluation, negotiation, due diligence, and acquisition of deals in Asia for the Government Investment Corporation of Singapore (GIC) as Senior Vice President, Investment & Asset Management. He also led the Asia Assets Restructuring Group, overseeing and ensuring improved asset performance for various commercial buildings in Asia Pacific.

Terence was formerly the Head of China Investments with Jones Lang LaSalle (JLL), where he was instrumental in setting up and heading the business unit. Earlier in his career, Terence was also the Managing Director of JLL Singapore before he left to join GIC Real Estate.

Terence is a frequent speaker at several real estate conferences, some of which include ANREV, Private Equity Real Estate (PERE) Asia Summit, China Global Real Estate Institute, Deutsche Bank Access China, Real Estate Investment World, and Vision Insights and Perspectives, among others.

Having joined Colliers in early 2014, I have subsequently sold over $180 million of hotel assets across Victoria and NSW, including the largest hotel transaction in Victoria since 2008, being Bell City Preston for $143 million.

Prior to joining Colliers, I was Director of Asset Management for Tourism Asset Holdings Limited (TAHL), Australia's largest hotel owner and responsible for selling down this portfolio totalling over $1.5 billion.

Before TAHL, I was with Jones Lang LaSalle Hotels for 7 years, as Head of Asset Management and Chief Operating Officer for the Hotels group across Asia Pacific.

Govinda, a member of RICS and registered valuer, is a chartered certified accountant with a postgraduate diploma in economics and a certificate in business valuations, who began his career at Pricewaterhouse in audit and tax advisory.

Having worked as an Operations Manager for Hilton, he was the Financial Controller at the luxury Lanesborough Hotel, at which time he worked closely with the Rosewood and Starwood hotel groups at both the local and corporate level.

Govinda joined PKF in London in 2005 where he was a Managing Consultant within the Hotels and Leisure Valuation and Consulting  practice. He subsequently joined BDO’s Real Estate Valuation and Consulting  team in 2012, where he was a Director responsible for the EMEA, Caribbean and Asia-Pac regions.

Govinda joined Cushman & Wakefield Singapore in 2015 where he was a Director within the Asia-Pac Valuation and Advisory team.

He is now an Executive Director at Colliers International advising on, and valuing investments involving mixed-use, specialist and alternative asset classes across Asia and further afield.

He is also one of Colliers’ dedicated specialist portfolio advisors and valuers in the region, and globally.