HAMBURG, and SINGAPORE-Eric Cheah recently took over the helm of the Asia-Pacific investment management team of Union Investment Real Estate GmbH. Based in Singapore, where Union Investment has had an office since 2006, Australian-bred Cheah will manage acquisition and sale activities for the German real estate fund management company.

Established in 1956, the Union Investment Group is one of Europe's leading investment managers and currently has assets under management in excess of $271 billion (EUR 200B)

Cheah has more than 20 years' experience in real estate, across a range of different functions for companies including Pacific Star Group, The Ascott Group, Hudson Conway and Fletcher Constructions. Most recently, he served as senior vice president at Pacific Star, and was responsible for investment management of a property fund invested in Asia and for asset management of the fund properties. He holds an MBA and a BA in Building Construction Management. In his new role, since Oct. 1, Cheah reports to Martin Bruehl, head of international investment management.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.