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PGIM Real Estate appoints portfolio manager for Asia core strategy

Atiqah Mokhtar
·1-min read


Eileen Yong joins PGIM Real Estate from LaSalle Investment Management (Picture: PGIM Real Estate)

SINGAPORE (EDGEPROP) - PGIM Real Estate, the real estate investment and financing business of global investment manager PGIM, has announced the appointment of Eileen Yong as executive director and deputy portfolio manager for its Asia core strategy. Yong will be based in Singapore.

She joins PGIM Real Estate from LaSalle Investment Management, where she was senior fund manager. Prior to that, she was a vice president at Aviva Investors’ real estate multi-manager team.

In her new role, Yong will be responsible for managing PGIM Real Estate’s Asia core strategy, which aims to deliver defensive total returns with a steady income by investing primarily in core, income-producing assets in the more liquid and mature markets across Asia Pacific.

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She will report to Vincent Chew, executive director and portfolio manager of the Asia core strategy. Yong steps in for Olivia Chow, portfolio manager, who will be moving internally to take on expanded portfolio management responsibilities in the region.

“We are delighted to welcome Eileen to our Asia core team as we continue to strengthen our capabilities to meet investor needs and to build on the strong track record of our core strategy in the Asia Pacific,” says Benett Theseira, managing director and head of Asia Pacific at PGIM Real Estate.

Read also: Weave Living and PGIM form US$200 mil JV, jointly acquire Hong Kong hotel

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