In his new position, Robinson will work in Hong Kong. Insignia opened an office in Tokyo earlier this year and says it is considering expanding it activities in that part of the globe where it already has an extensive network of operations.

In an unrelated development, Insignia announced that it has completed its acquisition of Grupo Inmobiliario Inova, a commercial real estate service company based in Mexico City. Founded by Richard Katzman and Edmundo Declementi in 1992, the company has specialized in tenant representation, property acquisition and disposition, asset management and valuation services. Terms were not disclosed.

"We are pleased to welcome Inova to the Insignia family, as we establish our first operation in Latin America," says Andrew L. Farkas, chairman and CEO of Insignia Financial Group. "Mexico is an ideal entry point for us in Latin America by virtue of its having the most advanced real estate services industry in the region, and an economy that is increasingly integrated with the US economy, with growing receptivity toward US-style financing vehicles."