NICK Evans has taken on the role of managing director of Nuveen Real Estate Asia Pacific on a permanent basis.
The property arm of investment manager of TIAA, Nuveen Real Estate’s business portfolio has commercial real estate debt, retail, office and housing investments across Asia Pacific representing over $3 billion.
Over the past five years, Nuveen Real Estate has opened offices in Hong Kong, Shanghai and Japan, expanded into Korea, launched an Australian debt platform, and made several appointments across the region.
Nuveen Real Estate successfully deployed both debt and equity capital across the region on behalf of TIAA’s General Account and broadened its offering to clients with the successful launch of its Tokyo Multifamily Partnership, an expansion of Nuveen Real Estate’s China outlets franchise and the launch of the Asia Pacific Cities Fund.
Meanwhile, Nuveen has appointed its president, Jose Minaya, to the position of chief executive officer, effective January 13, 2020, when current CEO Vijay Advani becomes executive chairman.
Minaya will lead the firm’s day-to-day operations, including oversight of investment management teams and client businesses.