Kunihiko Okumura and Steve Hyung Kim appointed Asia Pacific leaders

Singapore (February 11, 2025) — LaSalle Investment Management (“LaSalle”), one of the world’s leading real estate investment managers, today announced key leadership appointments in Asia Pacific.

Steve Hyung Kim has been appointed Asia Pacific Co-Chief Investment Officer (Co-CIO) effective February 1, 2025, partnering with Kunihiko (Nick) Okumura who will continue in his role as Asia Pacific Co-CIO. Additionally, effective July 1, 2025, Nick and Steve will succeed Keith Fujii as Co-Heads of Asia Pacific and join LaSalle’s Global Management Committee (GMC). Nick and Steve will also continue to serve as CEO of Japan and Head of Korea respectively.

As Asia Pacific Co-Heads and Co-CIOs, Nick and Steve are responsible for charting the vision and strategy for LaSalle’s business in the region and for stewarding investment performance for LaSalle’s clients.

• Nick joined LaSalle Japan in 2011. He was appointed Asia Pacific Co-CIO in 2021 and additionally as CEO of Japan in 2023. With over 27 years of Japanese real estate experience, Nick has completed over US$20 billion of debt and equity transactions across multiple asset classes. In his time with LaSalle, Nick has been instrumental to the development and execution of our business strategy both in Japan and Asia Pacific.
• Steve joined LaSalle in 2013 and currently serves as Head of Korea and as a member of the Asia Pacific Investment Committee. With over 24 years of real estate private equity and investment banking experience across multiple markets in Asia Pacific, he has leveraged his investment acumen to build an exceptional track record, particularly in opportunistic high-return investing strategies. LaSalle has benefitted from Steve’s creative approach to driving new investment initiatives and cultivating key relationships.

As part of this leadership transition, Keith Fujii will assume the role of Chairman of Asia Pacific, also effective July 1, 2025, and retain his position as Chairperson of the Asia Pacific Investment Committee. Since joining LaSalle as CEO of Japan in 2018 and through his appointment as Head of Asia Pacific in 2021, Keith has been a key figure and a respected leader in the firm. In his capacity as Chairman, Keith will oversee the growth and stability of LaSalle’s Asia Pacific platform, collaborating closely with the leadership team to realize the firm’s ambitions in the region.

Claire Tang will depart LaSalle at the end of February 2025 and step down from her roles as Asia Pacific Co-CIO and Head of Greater China to pursue other opportunities. Since joining LaSalle in 2007, Claire has been instrumental in the growth of LaSalle’s Asia Pacific platform and was central to the teams that developed and executed new investment strategies as well as successfully raised capital for the region. She did so while always leading with positivity and an entrepreneurial spirit.

Mark Gabbay, Global CEO commented: “The appointment of Nick and Steve as Co-Heads of Asia Pacific represents a significant milestone in their successful careers. The next chapter for our Asia Pacific platform will require a growth mindset and an innovative approach to investing, qualities which both Nick and Steve have amply demonstrated and will bring to their new roles. At the same time, I am pleased that Keith has accepted his appointment as Asia Pacific Chairman, providing continued leadership and guidance as we continue to execute our investment strategies in the region. We are grateful to Claire for her dedication and service and wish her all the best in the future.

Mark Gabbay continued: “The new appointments are a reflection of the strong bench of talented leaders as well as the robust succession plans that are in place at LaSalle. LaSalle remains committed to Asia Pacific, a region in which the firm is well-established, with a successful track record it is focused on extending.”

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About LaSalle Investment Management | Investing Today. For Tomorrow.

LaSalle Investment Management is one of the world’s leading real estate investment managers. On a global basis, LaSalle manages US$88.8 billion of assets in private and public real estate equity and debt investments as of Q3 2024. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles, including separate accounts, open- and closed-end funds, public securities and entity-level investments.

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