Ascendas-Singbridge Group appoints new CEO for China

That's effective since last week.

Sustainable urban and business space solutions provider, Ascendas-Singbridge Group, announced the appointment of Mr Charles Chan as the Chief Executive Officer of China, with effect from 10 October 2016.

Mr Chan has many years of experience working for large corporations including those in the real estate and financial sectors. He has in-depth knowledge of the real estate market in China, and extensive experience across the entire real estate value chain.

In his new role, Mr Chan will be responsible for developing and managing Ascendas’ property portfolio in China and formulating the overall China strategy. This includes developing new products and opening new markets in cities across China.

Prior to joining Ascendas-Singbridge, Mr Chan was the Executive Director of Shui On Development Limited, and had successfully launched various projects in China such as the Knowledge and Innovation Community Project in Shanghai, and Dalian Tiandi Project. He also founded two successful incubators, Innospring in the US and Innospace in Shanghai.

Before joining Shui On, Mr Chan was the Deputy Managing Director of the Hong Kong listed Vision Century Corporation (subsequently known as Frasers Property (China) Limited), which was a joint venture between Ascendas and Fraser & Neave (F&N). In the early years of his career, he held key positions in SunCorp Technologies Limited, Citibank N.A. and PricewaterhouseCoopers.

Mr Chan holds a Bachelor’s degree in Economics from the University of Sydney, Australia. He also attended the Advanced Management Development Program in Real Estate from the Harvard Graduate School of Design. He is a fellow of the Hong Kong Institute of Certified Public Accountants, an associate of the Institute of Chartered Accountants in Australia and an associate member of the US Urban Land Institute.

Ascendas-Singbridge first ventured into China in 1995, pioneering the ready-built facilities concept through Ascendas-Xinsu in Suzhou Industrial Park (SIP). Over the last 20 years, Ascendas-Singbridge has grown in tandem with China’s economic development, offering a variety of business space solutions and a comprehensive suite of products and services to its clients. Today, the Group has a presence in key cities including Shanghai, Suzhou, Hangzhou, Dalian, Beijing, Guangzhou, Jilin, Xian, Chongqing, Chengdu and Tianjin, catering for clients in manufacturing, IT, research and development, commercial and retail sectors.