LaSalle Investment Management (“LaSalle”) today announced the appointment of David Edwards as Fund President of the company’s Asia Property Fund.  Additionally, Kenneth Tsang joined LaSalle at the start of February as Asia Pacific Head of Research and Strategy, taking on the role David held for the last four years.

Edwards will assume responsibility for LaSalle’s flagship core fund Asia Property Fund, which was the first of its kind in the Asia Pacific region and is co-sponsored by two of the world’s leading property fund managers, LaSalle Investment Management and a UK-based partner, the property investment management subsidiary of Prudential plc*. Asia Property Fund is a core, pan-Asia Pacific, open-ended fund for institutional investors and pension schemes.  Edwards will lead a fund team comprising Christine Mount, Janica Tan, Arabella Edwards and Yujung Kim, supported by LaSalle’s platform of nearly 200 staff in Asia Pacific and a dedicated team at the partner.  

Tsang, who will be based in Hong Kong, will be working closely with the Global Strategy team, which analyzes capital markets, regional economies and property markets in 150 metropolitan areas and thirty countries.  He reports to Jacques Gordon, International Director of Investment Strategy and Research, based in Chicago, and Ian Mackie, Chief Investment Officer Asia Pacific, based in Singapore.

Tsang joins LaSalle from ING Real Estate Management in Hong Kong where he was responsible for the firm’s strategy and research functions in Asia.  He also previously worked for Jones Lang LaSalle as Head of Research for Greater China.