Rita Ling |
Ling, who previously served as Managing Director & Head of Investor Relations at Invesco Real Estate in Asia, as well as at Phoenix Property Investors in Hong Kong, will help to expand Accord’s efforts in Asia in response to growing demand in the region, according to Desi Co, Managing Partner at Accord.
Desi G. Co |
"We
have a deep history of working with sponsors throughout the world and a vast
network of international capital partners, and we believe that cultural
awareness is one of our competitive advantages.
Tricia Peterson |
Investment growth in Asia Pacific real estate
continues to surge, with volumes up 20% year-on-year in the
first quarter of 2022. According to data
and analysis published in the JLL Capital Tracker Q1 2022, $40.8
billion of capital was deployed via direct real estate investment into the
region throughout the quarter.
Additionally, Asian outbound commercial real estate investment
surged 69% year-on-year in 2021 to $54.6 billion, surpassing 2019’s
pre-pandemic volume, according to data from CBRE.
Rosalie Manansala |
“I am thrilled to be joining the Accord team to
bring broad Asia coverage and support Dr. Kee Rhee, Accord’s Senior
Advisor, with Korean market outreach,” says Ling.
“I look forward to working with investors in
Asia to support their global real estate investment needs, as well as finding
capital solutions for real estate sponsors in this strong growth region.”
In addition to the team’s growth, the firm has
also expanded its corporate partnerships to include DOT Capital Advisors, according
to Tricia Peterson, Managing Partner at Accord.
Led by Rosalie Manansala, DOT
Capital Advisors is a multifaceted commercial real estate financial services
advisory group.
Focused on social impact, workforce housing, and
mission-driven strategies, DOT provides general partners and emerging manager
programs with a range of solutions, emphasizing impact investing and purposeful
business strategies.
“This opportunity to partner with Rosalie and
the team at DOT Capital Advisors will support Accord’s outreach to family
offices, RIAs and other investors in the United States,” says Peterson.
“We
pride ourselves on partnering with like-minded organizations that are committed
to ESG initiatives, innovative solutions, and integrity.”
Contacts:
Anthea Davis /
Lexi Astfalk
The Smart Agency, Inc.
(949) 438-6262
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