Real estate
DWS taps Steven Kim as APAC real estate asset management head
He will lead the asset management firm's investment strategies and ESG management in the APAC region
By Dec 05, 2022 (Gmt+09:00)
1
Min read
Most Read
LG Chem to sell water filter business to Glenwood PE for $692 million


Kyobo Life poised to buy Japan’s SBI Group-owned savings bank


KT&G eyes overseas M&A after rejecting activist fund's offer


StockX in merger talks with Naver’s online reseller Kream


Mirae Asset to be named Korea Post’s core real estate fund operator



German asset management giant DWS Group said on Dec. 5 that it has appointed DWS Asset Management Korea’s Director Steven Kim (Kim Sang-wook) as head of real estate asset management for the Asia-Pacific region.
Kim will lead DWS AM’s regional investment strategies and environmental, social and governance (ESG) management as well as collaborate with the offices in Australia, Japan, South Korea and Singapore. He directly reports to Christopher Kimm, head of real estate, Asia-Pacific.
He will also manage large-scale real estate development and renovation projects in the APAC region.
Kim has managed a total of 27 real estate portfolios investing in office, logistics, retail and others since he joined DWS in 2008.
He worked for Samsung Life Insurance Co. between 2000 and 2008, managing around 20 development projects including prime offices and upscale residential properties such as Samsung Life Insurance headquarters and Tower Palace III.
Prior to that, Kim worked for Samsung C&T Corp., Samsung Group's construction and engineering unit, between 1996 and 2000.
Kim said he will make his best efforts to meet DWS AM’s target assets under management (AUM), as well as achieve the firm’s investment goals together with the local APAC branches.
Write to Ji-Hye Min at spop@hankyung.com
Jihyun Kim edited this article.
More to Read
-
Pension fundsKorea's NPS to get partial tax refund on US real estate sales
Nov 17, 2022 (Gmt+09:00)
1 Min read -
-
Pension fundsCalSTRS, Korea's KTCU consider launching 2nd real estate JV
Sep 07, 2022 (Gmt+09:00)
1 Min read -
Corporate restructuringKorean firms rush to sell real estate to raise cash
Jul 26, 2022 (Gmt+09:00)
2 Min read
Comment 0
LOG IN