Three executives leave JLL's Hotels & Hospitality Group to start family office
David Marriott, Daniel Yip and Giuliano Esposito are now partners at High Street Holdings Singapore
Singapore
THREE executives at JLL's Hotels & Hospitality Group left this month to start a family office looking to invest in hotels and real estate, their LinkedIn profiles indicated.
The three are David Marriott, who was previously an executive vice-president, Daniel Yip and Giuliano Esposito, who were both formerly senior vice-presidents. They were from JLL's Hotels & Hospitality Group in Asia.
Mr Yip said in a LinkedIn post: "With the world a very different place, opportunity beckons - and I am excited to share that I have joined Giuliano Esposito and David Marriott to start the investment arm of a Singaporean family looking to invest in hotels and real estate."
The trio are now partners at High Street Holdings Singapore.
The company's LinkedIn profile shows it to be a boutique real-estate investment and asset-management company that sources, develops and manages mid-market and institutional-grade assets on behalf of its parent company and private clients.
Mr Marriott said in a LinkedIn post that the family office will focus on real estate across the Asia-Pacific. He and Mr Esposito had been with JLL for more than a decade, and Mr Yip, for around five years.
A JLL spokesperson confirmed on Friday that the trio had left to explore new opportunities, and said: "We wish them well in their future endeavours.
"Their departure will not impact JLL Asia-Pacific Hotels' business strategy and operations."
The Business Times has reached out to High Street Holdings Singapore for comment.
