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Hong Kong, 4 January 2016 – JLL has announced that Kent Fong and his investment team from Cushman and Wakefield have joined its Capital Markets team, enhancing the firm's offerings to investors seeking opportunities in the property market.
Kent Fong has been appointed Regional Director and will lead the team whose core focus will be on larger transactions within the investment portfolio. Mr. Fong has over 21 years' experience in the real estate industry and joined Cushman & Wakefield in 2009 to set up and lead the Investment Department. He has a proven track record in every property sector including commercial, residential, industrial & logistics, redevelopment sites, hotel & serviced apartments, and retail & shopping mall.
Joseph Tsang, Managing Director at JLL Hong Kong, said: "I am delighted that Kent and his team have joined us and are looking forward to leveraging his expertise to continue to secure the best investment opportunities for our clients,"
The investment market has seen improvements in 2015, driven by increasing investor demand for commercial properties. The total value of investment (over HK$100 million) across the commercial and industrial property sectors amounted to HK$68.3 billion, up 18% compared to 2014.
"We see great opportunities in the capital markets in 2016, due to a large amount of mainland Chinese capital sitting on the sidelines waiting to be deployed. I am confident the expansion in our Capital Markets team will strengthen the abilities for the years ahead," Tsang said.
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