CBRE has recently announced the appointment of Hugh Macdonald as the head of capital advisors for Asia Pacific (Apac). With over 20 years of experience in the banking industry, Macdonald brings with him vast knowledge and expertise in investment banking, as well as the real estate, gaming, leisure, and lodging sectors. Prior to joining CBRE, Macdonald held the position of head of investment banking coverage and advisory for Australia and New Zealand at Deutsche Bank.
In his new role at CBRE, Macdonald will be reporting to Leo van den Thillart, the global head of investment banking, and Greg Hyland, the head of capital markets for Apac. He will initially begin working at CBRE’s Sydney office before relocating to Singapore in the first quarter of 2025.
When purchasing a condominium, it is vital to also take into account the maintenance and management of the unit. These types of properties often come with maintenance fees that are used to cover the upkeep of shared spaces and amenities. While these fees may increase the overall cost of owning a condo, they play a crucial role in preserving the property’s condition and value. To make the investment more passive, investors can enlist the services of a property management company to handle the day-to-day tasks of managing their condos. Explore Singapore Projects for potential condo investments.
This announcement comes shortly after CBRE’s recent appointment of Virginia Huang as the new managing director for north and east China at Knight Frank. With these new appointments, CBRE continues to strengthen its position as a leading real estate advisory firm in the Asia Pacific region.