Prudential Real Estate Investors has named Yen Keng Tan a director in portfolio management, responsible for developing new strategic and separate account relationships in Asia, with a focus on Malaysia. PREI® is the real estate investment and advisory business of U.S.-based Prudential Financial, Inc. (NYSE:PRU).
Tan reports to Eryck Su, chief investment officer of PREI’s business in Asia. His appointment is effective immediately.
Tan joined PREI from Deutsche Bank, where he was most recently a portfolio manager and global relationship manager at RREEF Real Estate, where he raised and invested more than US $2 billion over three years for RREEF. He joined Deutsche Bank in 2006 as the head of research and strategy for Asia Pacific. Earlier, he was chief analyst at DTZ. Previously, Tan held a research position at the University of Western Sydney.
Tan holds a bachelor’s degree from the University of Putra Malaysia, and an MBA in real estate and a PhD in property investment from the University of Western Sydney. He is fluent in Malay, Mandarin and Cantonese.PREI is a leader in the global real estate investment management business, offering a broad range of investment vehicles that invest in private and public market opportunities in the United States, Europe, the Middle East, Asia, Australia and Latin America. Headquartered in Madison, N.J., the company also has offices in Atlanta, Chicago, Miami, New York, San Francisco, Frankfurt, Lisbon, London, Luxembourg, Munich, Paris, Abu Dhabi, Mexico City, Sao Paulo, Hong Kong, Seoul, Singapore, Sydney and Tokyo. In addition, the company has representatives in Milan. PREI had gross assets under management of USD $53.9 billion ($40.2 billion net), as of September 30, 2013. For more information, visit http://www.prei.com. Prudential Financial, Inc. (NYSE:PRU), a financial services leader with more than $1.1 trillion of assets under management as of December 31, 2013, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit www.news.prudential.com.