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Savills IM names new director for Singapore

Savills IM names new director for Singapore

Savills Investment Management has appointed Volker Wanka director, fund management for Singapore.

In his new role, Wanka will lead the fund management and transaction activities for Savills IM’s Asia Property Fund 2 and Asia Pacific Fund, as well as help grow the firm’s portfolio in Asia by taking charge of some of Savills IM’s upcoming Asian-themed products.

Prior to taking up this new role, Wanka was director, fund management for Savills IM Frankfurt, where he was running two Savills IM-managed Asian property funds, essentially as a fund manager.

The new appointment is the latest in a series of senior management appointments at Savills IM, as the firm continuously strengthens its leadership team in Asia-Pacific, underlining the ongoing global expansion of the business.

Wanka has over 12 years of experience with Savills IM in real estate investment management and fund management in Europe and Asia.

Before acting as director, fund management for Savills IM Frankfurt, Wanka was based in Singapore from 2008 to 2014, where he was vice president, real estate investments with SEB Asset Management in Singapore.

He oversaw the acquisitions and dispositions across commercial, retail, residential and hospitality sectors, with volume totalling over $2.6 billion, during this period.

Commenting on the new appointment, Michael Flynn, CEO, Asia-Pacific at Savills IM, said: ‘Volker’s experience in real estate investment management and fund management in Europe and Asia will be an invaluable asset to the team here in Singapore.

‘His deep knowledge and expertise in the Asian markets will certainly bolster the team’s strategy to achieve continued growth and expansion in Asia.’

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