Morley has appointed Nick Ridgewell to a newly-created role as head of its Asian property business as part of the group’s expansion into the Asian markets.
Morley launched its Asia business in April this year and plans to invest $10bn in the region over the next four years.
The company plans to work with multiple joint venture and fund partners in Japan, China, South Korea and India to source developments and properties.
Morley currently has over $60bn invested in property assets in the UK and Europe.
Ridgewell joins from Macquarie, where he was running the group's real estate business in Hong Kong.
This included responsibility for managing listed and unlisted real estate funds and execution of property investment strategy and transactions throughout Asia.
He has previously been CEO of the Macquarie DDR Trust, a REIT listed on the Australian Stock Exchange, and has also worked for Coopers and Lybrand in Sydney.
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