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Singapore, 28 October 2010
 
Pacific Star Appoints New Group Head of Research & Strategic Planning
 
The Pacific Star Group (太平星) today announced that it has appointed Leslie Chua (蔡术彬) as Senior Vice President, Research and Strategic Planning for the Asia Pacific region.

Chua has established himself as one of Singapore’s leading professionals in real estate investment research and trends. During his career, he has held a number of senior positions in international institutions advising institutional clients on their real estate investment needs.

In his new role, Chua is responsible for enhancing the research capabilities of Pacific Star as well as expanding the Group’s advisory services to its global clients. The Group’s Research and Strategic Planning division publishes a biannual Asia Property Outlook and Strategy report which highlights its key investment themes in Asian real estate markets.

Commenting on Chua’s appointment, Alfred Lim, Chief Corporate Officer, Pacific Star Group, said: “Leslie is a well-respected professional in the Singapore real estate market. I’m pleased to welcome him to our team and I’m confident our clients will gain from his added insights on Asian property markets.”

Chua added: “I am excited to be a part of Pacific Star Group that has grown to be a leading Asian real estate investment house serving a global investor base. I look forward to working with the team to provide compelling real estate research and investment advice to global clients keen to tap the opportunities in this part of the world.”

Prior to joining Pacific Star, Chua held senior roles at Jones Lang LaSalle, Singapore including Head of Corporate Research, and Head of Real Estate Intelligence Service & Market Research (Asia). At the firm, he was responsible for managing several Pan-Asian research publications. Previously, Chua was also Head of Research & Strategy at Standard Chartered Bank–Istithmar Real Estate Fund Management, where he was responsible for developing investment strategies, economic, capital market and real estate market analyses.

Pacific Star manages prime office, residential and retail space across Asia. The properties managed by the Group include Capital Square and TripleOne Somerset in Singapore, Pavilion Residences in Kuala Lumpur, and Noon Square in Seoul.

Pacific Star has advised and managed multi-billion dollar real estate transactions since its inception in 2001. It manages a suite of funds, namely the Euro 1.2 billion AREIF Fund, the US$600 million Baitak Asian Real Estate Fund and the US$650 million Asian Real Estate Prime Development Fund.

Pacific Star has also facilitated several notable investments including Shui On Land in China which owns the renowned Xintiandi in Shanghai. Capital Square in Singapore, and the acquisition and divestment of a 50% interest in Eureka Office Fund which had Singapore commercial properties Temasek Tower, Adelphi and One George Street in its portfolio.

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