Fund manager Aberdeen Asset Management has appointed William Shaw to the direct property team as head of segregated property mandates in the Asia Pacific region.
Shaw has over 20 years experience in Asia and his career has included periods at Everview Capital Partners, Composition Capital Partners, Lowe Enterprises Asia and Cushman and Wakefield. His roles have covered a range of investment and advisory roles based in Hong Kong and China.
Despite a recent slowdown in economic growth in Asia, the region's property market is diverse and offers investors many opportunities. China's shift towards a domestic consumer market and the emergence of a growing middle class makes it an attractive choice for investment, according to Aberdeen.
"Aberdeen is now the second largest property asset manager in Europe and William's appointment is part of our aim to replicate that success in Asia," says Russell Chaplin, property chief investment officer at Aberdeen.
Aberdeen has a long record in Asia, having opened an office 24 years ago in Singapore, and has been investing in the region since the 1980s.
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