Hines Strengthens Investment Management Team with New Asia CIO Hire

Chiang Ling Ng appointed Chief Investment Officer, Asia

(SINGAPORE) – Hines, the international real estate firm, today announced a high-profile addition to its Investment Management team. Chiang Ling Ng joins the firm as Chief Investment Officer, Asia reporting to Global Chief Investment Officer David Steinbach. Based in Hines’ Singapore office, Ng will work alongside Ray Lawler, CEO of APAC, and Lee Timmins, CEO of Eurasia/India, to further expand the firm’s reach across the Asia Pacific region where Hines is looking to significantly elevate its real estate footprint and investor outreach. She rounds out our strong geographic CIO team, including Alfonso Munk, CIO the Americas, and Alex Knapp, CIO Europe, and she will sit on the Hines Executive and Investment Committees.

“We are very excited to welcome Chiang Ling to Hines as our Asia CIO,” commented Steinbach. With her demonstrated expertise, we look forward to elevating our investment management platform and capitalizing on the growing market opportunities in the Asia Pacific region as we strive to be the partner of choice globally.”

Ng brings more than 20 years of experience to Hines in the real estate private equity space spearheading investments and coverage across Asia Pacific. Before joining the firm, she served as the CEO and Chief Investment Officer for M&G Real Estate’s Asia business overseeing all of the company’s operations and investment decisions. Before that, she worked in the real estate private equity division of Goldman Sachs where she oversaw the division’s expansion into China and was responsible for investments and coverage across the Asia Pacific region.

“I am honored to be joining Hines and playing a role in growing our vertically integrated, investment management platform,” said Chiang Ling Ng, Chief Investment Officer, Asia at Hines. “I look forward to contributing to Hines’ deep expertise and growing our presence across the Asia Pacific region.”

Ng is a graduate of Princeton University and holds a B.S.E. degree in Electrical Engineering. She is also fluent in English, Mandarin and Japanese.

Hines is the only privately held, global real estate investment and development management company with a sophisticated asset management platform and a proven strategy for value creation at the project level. The strengthened platform leverages an admirable investment track record and accentuates Hines’ strength as a vertically integrated real estate business. With $144.1 billion of assets under management, Hines is currently the second-largest real estate investment manager in North America and the fourth globally, according to Institutional Real Estate, Inc.

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 225 cities in 25 countries. Hines has approximately $144.1 billion¹ of assets under management, including $75.5 billion for which Hines serves as investment manager, including non-real estate assets, and $68.6 billion for which Hines provides third-party property-level services. The firm has 165 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,426 properties, totaling over 472 million square feet. The firm’s current property and asset management portfolio includes 576 properties, representing over 246 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. ¹AUM includes both the global Hines organization as well as RIA AUM.

Since opening its first office in China in 1996, the Hines Asia Pacific Region has expanded to include 194 employees in 15 cities across Australia, China, Hong Kong, India, Japan, Korea and Singapore, with $4.2 billion of assets under management.

Visit www.hines.com for more information.