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Jones Lang LaSalle (JLL) announced that starting in August this year, Alistair Meadows will be the new appointed head of its International Capital Group, Asia-Pacific (ICG).
Mr. Meadows, a capital market specialist has 15 years of experience in international real estate within Asia-Pacific and Europe. He joins JLL from DTZ Sydney, where he held the role of regional director, Capital Markets.
To help drive the expansion of the company’s global capital markets business, Mr. Meadows will work with Andrew Martin, a member of the ICG based in Sydney, Australia, and Stuart Crow, head of Asia-Pacific Capital Markets in Singapore, according to a press statement from JLL. JLL’s ICG team includes senior Capital Markets professionals who supervise and organize the sale and financing of trophy assets with global investor appeal.
Mr. Meadows will be tasked to facilitate cross border capital flows, as well as investment transactions, driving sources of capital especially in China, Korea and South-east Asia, to invest outside of the Asia-Pacific.
The group was organized to take advantage of the increase in capital volumes in the property market, said Alastair Hughes, JLL’s chief executive officer for Asia-Pacific.
He said, “Cross border momentum is building as economies continue to recover and with an expected growth in investment volumes of 35-45 percent across the region this year, we are seeing a renewed appeal to investors in the market.”
During his term with DTZ, Mr. Meadows was in charge of major cross border investment transactions totaling over US$3 billion, with both in-bound capital to Australia and out-bound capital to Europe and Japan.