JLL losing investment sales ace, recruits veteran

[SINGAPORE] JLL's top investment sales broker Ashish Manchharam is leaving the group to set up his own boutique property investment outfit.

Meanwhile, Colliers International's executive director of investment services Tang Wei Leng will join JLL on Nov 1 as regional director of investments. Her arrival at JLL is not linked to Mr Manchharam's decision to move. Talk in the market is that JLL has been courting Ms Tang for a few months as she brings to the firm her network of relationships with local property players.

Mr Manchharam, on the other hand, is best known for doing deals involving institutional players such as big overseas property funds. The 36-year-old, who has spent all 12 years of his career to date at the property consulting giant, confirmed the move when contacted by BT. "JLL has provided incredible opportunities for me throughout Asia-Pacific, being based in both Singapore and Hong Kong. After spending over 12 years in investment sales I have decided to pursue my personal entrepreneurial ambitions.