SINGAPORE (EDGEPROP) - Real estate investment services firm Millennium Group has opened a new office in Singapore which will serve as its regional hub for the Southeast Asia region. The firm has existing clients in Singapore, Malaysia, and Indonesia.
Millennium Group’s physical presence in the city-state brings two UK-based partners, Allsop LLP and MAP, closer to its regional clients. The three firms have about 800 staff in the UK working across the commercial, living, retail, and industrial sectors. They also cover acquisition, underwriting, and asset and property management services.
Millennium Group Martin Kaye & Steve Lydon, Allsop West End Partner Henry Guiver and City Partner Chris Room.
Millenium Group has hired Steve Lydon as general manager of its Singapore office. His appointment will see him report to CEO and founder Martin Kaye, based in Hong Kong, and advise clients on investments and existing portfolios in UK markets.
“Coming from the Allsop team is a bonus with my familiarity with colleagues in the UK who will continue supporting us and our investors to secure assets and add value to their existing portfolios,” says Lydon. “(We are) established with the full suite of services, and we are positioned well to roll out some new products to existing and new customers."
Millennium Group has GBP850 million ($1.5 billion) worth of assets in the UK and GBP3.5 million under property management for its Asian capital partners and clients.