Mercury Real Estate Advisors has appointed Charles HK Neo as a Senior Managing Director.
Neo joins the firm from UBS AG, where he has worked for the last six years and most recently served as the Executive Director and Co-Head of Asian Real Estate Research. He is joining Mercury's senior portfolio management team, in the firm's newly established Singapore office, to oversee its rapidly growing Asian real estate investment activities.
During his career, Neo has been recognised numerous times for his expertise, including being named the No1 analyst for Singapore real estate by Asia Money for the period 2003-2005, and the No2 Analyst for Asia real estate by Institutional Investor for 2006. Also during his tenure, UBS was successful in achieving the top market share in the region, raising more than USD 1.2bn of equity capital for REITs in Asia. In October 2005, he also published a report entitled: 'Can Asian REITs recycle capital for half the world population?' that is highly regarded as one of the best thematic pieces written on Asian real estate.
'Charles is considered by many as a pioneer in covering the Asian real estate sector,' says Mercury CEO David R Jarvis.'He brings a passion and an in-depth knowledge of the Asian real estate sector that is unique in the investment realm. His expertise and insights will be a valuable addition to our team, a competitive advantage for our firm and a wonderful asset for our investors. Furthermore, Charles will immediately bolster our ability to continually unearth deep value real estate securities - a pursuit which has been the cornerstone of our global investment strategy. This unique strategy not only differentiates us from our competitors but enables us to deliver attractive risk-adjusted returns to our investors.
'We continuously seek to add exceptional individuals to our global platform who are passionate and proven in their chosen pursuits - in Charles we have found a partner that is both of those and more,' he adds. 'We are delighted that Charles has chosen to join Mercury and look forward to a long and fruitful partnership - a partnership that will further enhance our investment activities and presence in the region.'