(TOKYO) – Hines, the international real estate firm, today announced an expansion of the firm’s presence in Japan. Jon Tanaka joins the firm as Senior Managing Director / Country Head and will oversee new business initiatives throughout the country alongside Managing Director, Drew Huffman. He will report to Ray Lawler, CEO of Asia Pacific.
Tanaka joins an expanding team in Japan which has added numerous business generation, development, and construction team members in the last 12 months. More local hiring is underway with additional personnel expected to join in early 2022.
“We are very excited to welcome Jon to Hines as our Japan Country Head,” commented Lawler. “With his experience and demonstrated expertise, we look forward to elevating our Japanese platform and capitalizing on the growing market opportunities in the country.”
Tanaka brings more than 20 years of Japan real estate development and investment experience to the firm. Before joining Hines, he was Managing Director, Head of Japan Real Estate and member of the investment committee for Angelo Gordon’s pan-Asia real estate investment team. Previously, he was Managing Director at RREEF Japan. Tanaka is a Global Governing Trustee of the Urban Land Institute (“ULI”) and served as Vice Chairman of ULI Japan. He holds a B.A. degree in East Asian Studies from Harvard University and an MBA from the University of California at Berkeley. Jon also attended the Graduate School of Architecture at Kyoto University. He is fluent in Japanese and English.
“I am excited to be joining Hines and leading the team in Japan,” said Tanaka. “I look forward to growing the platform and expanding our investment activity throughout Japan as part of the initiatives across the wider Asia Pacific region.”
Throughout APAC, the Hines team has grown to nearly 200 personnel strong across 12 cities, with 22 new hires made in the last 12 months who are directly involved in business generation and investment management roles. This new hire further demonstrates the firm’s commitment to become vertically integrated throughout Asia by elevating the investment management platform and capitalizing on opportunities in the region. In the current economic outlook, investors are increasing their focus and allocations toward Asia. With strong underlying economic growth, the risk-adjusted returns present Hines and their investors with compelling opportunities.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 255 cities in 27 countries. Hines oversees investment assets under management totaling approximately $83.6 billion¹. In addition, Hines provides third-party property-level services to more than 367 properties totaling 138.3 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,486 properties, totaling over 492 million square feet. The firm currently has more than 171 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information. ¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2021.