Aberdeen announces series of appointments to indirect property team

20 May 2009
Aberdeen Property Investors Indirect Investment Management (API IIM), has strengthened its team following the completion of the integration process resulting from the acquisition of Goodman Property Investors.

Several senior appointments have been made recently:

In Stockholm, Antonio Alvarez and Fredrik Eliasson have recently joined the team.

Antonio joined as Investment Director with a focus on Stockholm based products and mandates. Antonio has a broad international experience, having previously been employed as an Equity Analyst for the financial sector at ABN AMRO Asset Management in Amsterdam and Senior Equity Analyst at Brunswick EM. Antonio worked for Aberdeen between 2003-2008 and is now returning.

Fredrik joined as Deputy Fund Manager for AIPP Active, the teams open-ended, private/public property fund of funds. Fredrik has an academic background from Stockholm School of Economics, combined with professional experience from investments in private equity, infrastructure and real estate.

Also in Stockholm, Stina Åkerlind has joined the team as Legal Counsel. Previously, Stina has worked as Compliance Officer within East Capital, a Swedish asset manager specialising in eastern Europe, and as Legal Counsel for the Swedish investment bank Carnegie. She has also worked at the Swedish Financial Supervisory Authority.

In Singapore, Kian Sin Toh joined the team in Singapore in April as Deputy Fund Manager for the Asian products. Kian Sin has 13 years of property experience, having held various roles in property investment and asset management within the region. He joins Aberdeen from CIMBMapletree where he was Vice President, overseeing the management of a €83 million property portfolio, investing in multiple sectors in Malaysia. Previously, he was Senior Asset Manager responsible for a portfolio of 2.5 million square feet of office and business park space in Singapore. Kian Sin started his career at Pramerica Asia where he was involved in the management of commercial and residential assets in South East Asia.

The Asian fund products will also benefit from the support of Glyn Nelson, newly appointed Head of Research and Investment Strategy – Asia Pacific. Glyn has seven years experience in property research – most recently as Head of the Real Estate Intelligence Service Asia at Jones Lang LaSalle where, in 2008, he was promoted to Director. Prior to this he has undertaken research roles at both CB Richard Ellis and DTZ in the region.

Finally, Aqil Khan has joined the team, and will be working from Aberdeen’s office in Zurich. Prior to joining Aberdeen, Aqil was a Director and Head of Real Estate Investments at Deutsche Bank Private Wealth Management and member of the Real Estate and Private Equity Investment Committee. In this role he successfully developed new and managed existing real estate funds of funds in Europe, Asia and the US.

In summary, the indirect team now comprises of 28 dedicated professionals based in 5 offices around the world.

Jon Lekander, Head of Aberdeen Property Investors Indirect Investment Management comments:
“We are pleased to announce these high level appointments that reinforce our leading market position. While markets are challenging, recent investor contact has suggested that there is appetite for indirect products. With this highly regarded team in place, we will be able not only to ensure a continuous quality service for existing clients but also to look closely at new ideas to complement to the three products that are in fund raising phase, namely Aberdeen EuroZone II fund, AIPP Active and the UK Fund of Funds.”

For more information:

Jon Lekander, Head of Aberdeen Property Investors Indirect Investment Management
Tel: +46 8 412 80 77
jon.lekander@aberdeenpropertyinvestors.com

Rowan Brown
Maitland
+44 (0)207 379 5151

About Aberdeen Property Investors
Aberdeen Property Investors is the dedicated property investment division of Aberdeen Asset Management PLC, a global investment management group listed on the London Stock Exchange, which manages around €104 billion* of assets in equities, fixed income and property.

Aberdeen Property Investors manages some €25 billion* of property assets in Europe, Asia and North America through property funds and separate account mandates, making it one of the top 10 global property investment managers.

Clients are solely third party clients and primarily institutional investors, such as life insurers and pension funds. They are served by some 700 people at offices in 12 European countries, as well as in Hong Kong and Singapore.

Aberdeen Property Investors Indirect Investment Management (API IIM) holds some of the world’s largest mandates for indirect property investments. Its team of 28 specialists is located in Stockholm, London, Amsterdam, Singapore and Zurich.

www.aberdeenpropertyinvestors.com

* 31 March 2009

ABERDEEN PROPERTY INVESTORS. BOX 3348. SE-103 67 STOCKHOLM. SWEDEN. VISITING ADDRESS: SVEAVÄGEN 20. TELEPHONE:+46 (0)8 412 80 00 POST@ABERDEENPROPERTYINVESTORS.COM PART OF ABERDEEN ASSET MANAGEMENT PLC