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Real estate investment manager PGIM Real Estate has appointed David Fassbender, its current head of Japan, as deputy head of Asia Pacific. He reports to Benett Theseira, head of Asia Pacific at PGIM Real Estate.
Fassbender will oversee the firm’s portfolio management strategies across Asia Pacific in the newly created role. He will continue to lead the firm’s Japan business, while also retaining his role as senior portfolio manager for Asia Pacific value-add strategies. Fassbender has been with PGIM Real Estate since 2002. He was previously head of South East Asia, based in Singapore.
“David’s strong business acumen, extensive industry network and solid investment management experience will be pivotal in helping investors navigate current market uncertainty and identifying the best opportunities in high-conviction areas as we continue to expand our regional business,” says Theseira.