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Savills IM Announces Senior Asia Pacific Appointment

10.11.2021, 11:20

Savills IM Announces Senior Asia Pacific Appointment

Savills Investment Management (Savills IM) has appointed Nicholas Kinsey to the new role of Head of Logistics, Asia Pacific (APAC).

 

Stationed in Bangkok, Kinsey will assume responsibility for developing the real estate investment company’s logistics capabilities in the logistics sector across the Asia Pacific region. In Europe, Savills IM is one of the leading investors in the logistics sector, with US $5 billion of assets under management (AUM) out of total global AUM of US $28.9 billion.

He joins from DHL Supply Chain, one of the world’s leading contract logistics providers, where he was formerly Sub-Regional Head, APAC. Previous roles include positions with CEVA Logistics and Goodman Group.  Kinsey has 18 years of experience in logistics and has been involved in real estate deals in Australia, the US and 16 Asian nations.

Michael Flynn, Global Co-head Client Capital, at Savills IM, says: “We are delighted to welcome a professional with Nick’s skillset and experience of both logistics and real estate to Savills IM. Supported by our successful logistics team in Europe, we seek to build a substantial franchise here in Asia Pacific.”

Kinsey comments: “It’s great to join the team at Savills IM and I very much look forward to working with my colleagues globally in order to build a successful logistics business in Asia Pacific.”

“Activity in the Asia Pacific logistics real estate market has grown from US $13 billion to over US $45 billion in the past decade, with close to 75 per cent of that in only four markets in 2021. Therefore, we believe there is huge opportunity and growth to come in those and other markets, driven by growing e-commerce penetration, the demands of supply chain technology and investor appetite for the sector.”

CAMFIL HVAC Filtration Solutions

Staff Reporter

FMIndustry.com covers the latest news, trends and opinion from the facilities management (FM) and corporate real estate (CRE) sectors. The FM market is currently estimated to be worth USD 1 trillion annually and is projected to grow at a compounded annualised rate of approximately 5% between now and 2026.

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