Toshinobu Kasai, previously Japan head of Goldman Sachs Real Estate Private Equity Investment Area (REPIA), is to succeed Hamaoaka as managing director of Jones Lang LaSalle in Japan.
‘Hamaoka-san has led our Japanese business successfully during his 12 year tenure. We have achieved strong growth, opening new offices, increasing headcount and expanding the services we offer our clients,’ said Alastair Hughes, chief executive officer of Jones Lang LaSalle Asia Pacific.
‘Kasai-san is well known and respected in the Japanese banking and real estate markets and he is the ideal candidate to build on the legacy that Hamaoka-san leaves us with. I am confident that Kasai-san’s extensive experience in both financial services and real estate will enable him to successfully drive our business forward,’ he added.
Kasai joined Goldman Sachs in 1999, spending 11 years at the company, and was promoted to Partner in 2004. During that time, he launched Goldman Sachs Realty’s operations in Asia. As a former head of the Real Estate Private Equity Investment Area (REPIA) Japan, he has extensive experience in the Japanese real estate investment business. Prior to Goldman Sachs he worked at Daiwa Securities.
Kasai will join Jones Lang LaSalle at the beginning of April and will work closely with Hamaoaka during a transition period.
