Veteran real estate executive Randall Hall has joined Pamfleet as Chief Operating Officer for China with the Hong Kong-based real estate investment specialists.
In his new role, Hall will be leading the advisory firm’s China initiatives. Commenting on his new position, the former Cushman & Wakefield and Savills executive told Mingtiandi, “I am excited to be joining the Pamfleet team and leading their initiative into China. The company has a well established, proven track record and I am delighted to be working beside such high caliber individuals.”
With Pamfleet, Hall will continue to be based in Hong Kong where he previously served as Executive Managing Director for Greater China with Cushman & Wakefield. Prior to his stint with C&W, Hall had spent nearly twenty years with Savills, eventually serving as the property services firm’s China CEO.
Joining a Growing Real Estate Investment Firm
Originally founded in 2000, Pamfleet now manages two real estate investment funds – Pamfleet Real Estate Fund and Pamfleet Real Estate Fund Two, in addition to advising clients on their property investments.
The privately-held company focuses on value-added real estate investment in Hong Kong and Singapore, and has previously succeeded in repositioning under-performing commercial buildings including Vicwood Plaza, Kowloon City Plaza and Nexxus Building.
In the case of the Nexxus Building, Pamfleet teamed up with Morgan Stanley Real Estate Fund and another partner in 2006 to purchase the then Hang Seng Building on Hong Kong’s Des Voeux Road for HK$2.25 billion.
In 2009, after renovating and repositioning the asset, the consortium of owners sold Nexxus for HK$3.6 billion.