Jeremy Lake, Galven Tan and two other team members join Savills Investment Sales & Capital Markets team
19 November 2019 – Savills Singapore is proud to confirm they have appointed Jeremy Lake as Managing Director, and Galven Tan as Deputy Managing Director, Investment Sales and Capital Markets, Singapore. Also joining them are Yap Hui Yee, Director, and Sophia Lim, Senior Manager. These appointments are part of the firm’s strategic vision to grow their Investment Sales and Capital Markets capabilities in Singapore and become the number one team in the market.
Jeremy and Galven bring along with them 43 years of experience in the Singapore Investment Market. In the last five years, Jeremy and Galven were personally instrumental in real estate transactions in excess of $19 billion across the office, retail, residential, hotel and industrial sectors.
Recent noteworthy transactions include Frasers Tower 50 per cent stake, 71 Robinson Road, Robinson 77, Hotel Ibis Novena, Pacific Mansion collective sale and Parkhouse collective sale.
Jeremy Lake, Managing Director, Investment Sales and Capital Markets, commented: “Singapore has just been ranked the number one city in Asia Pacific for real estate investment prospects in 2020, according to the annual Urban Land Institute and PWC report released in November. We are already talking to numerous foreign investors who have told us that they are eager to invest in Singapore next year and our move to Savills is very timely.”
Galven Tan, Deputy Managing Director, Investment Sales and Capital Markets, Singapore, added: “Having been intimately involved in the Singapore market in the last 15 years, I am thankful of the continuous support from clients and am excited and looking forward to serving them at Savills Singapore. We believe the regional platform of Savills will enable us to scale greater heights.”
Commenting on the appointment, Marcus Loo, Chief Executive Officer of Savills Singapore, said: “Over the years, we have been very strategic in our hiring process and I am extremely delighted that we have been able to secure the top Investment team here in Singapore. Jeremy and his team bring with them tremendous depth of experience in this marketplace having handled a significant portion of Singapore’s largest investment transactions across a myriad of asset classes. This is significant for us as their stellar track record and extensive client contact base will enable Savills to serve our clients better, not just in Singapore, but in the region as well.”
Chris Marriott, Chief Executive Officer of Savills South East Asia, commented: “It has been one of my strategic objectives to hire the very best operators and become the leading Investment Sales agency both here in Singapore and in the broader Asia Pacific region. Jeremy and Galven have built up a reputation for their professionalism in underwriting, marketing and executing transactions for sovereign wealth, institutional funds and private clients, both locally and globally, and I am delighted to welcome them on board. As cross border investment grows, Savills is carving out a dominant position in this sector of the region’s real estate service industry.”