SINGAPORE (EDGEPROP) - Investment firm M&G Real Estate has promoted Seiko Ikeda to head of Japan as the firm deepens its presence in the Japanese real estate market. Ikeda will be based in Tokyo and will continue to lead and grow M&G’s real estate business in the country. She will report to Jing Dong Lai, CEO and chief investment officer, Asia.

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Ikeda has been with M&G Real Estate since 2016 as part of the acquisitions team and used to be based in Singapore. She was responsible for several strategic investments as part of M&G’s Asia Pacific core strategy.

She was appointed director of acquisitions, Japan, in 2018 and moved back to Japan to lead the local acquisitions team. She took the lead on landmark deals in Japan by M&G including the US$424 million ($582.7 million) acquisition of 30 Japanese multi-family assets in March 2022, several logistics deals, and the purchase of a prime office asset in Osaka.

“The Japanese market continues to attract significant interest from investors from around the world, looking to tap into the country’s post-pandemic recovery. I am excited to lead M&G’s growth here and look forward to continuing bringing high-quality investment opportunities to our clients,” says Ikeda.