LaSalle appoints new Asia Pacific CIO

Gabbay, who will be based in LaSalle's Hong Kong office, has spent more than 12 years working in Asia, most recently with Lehman Brothers as managing director and co-head of real estate for Asia Pacific and a transition stint with Nomura International.

He has replaced Ian Mackie, who has taken on the role of president of the Asia Pacific fund.

LaSalle Asia Pacific chief executive officer Jack Chandler said: "We are delighted that after an extensive global search Mark will join us as a terrific supplement to our existing management team.

"His experience across the region in both debt and equity investing will increase the capacity of our acquisition team to source and structure the broad range of opportunities we are seeing in the aftermath of the global financial crisis.

"We expect that the next few years should be very attractive vintage years for real estate investments in the region and look forward to Mark's assistance in helping us deliver superior performance for our investors."

 

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