M&G Real Estate has appointed Itsusaburo Hirayama as senior asset manager, Japan, in a newly created role. The appointment reflects the firm’s on-going commitment to extract superior investment performance from its Japanese properties and further diversify its Japanese real estate portfolio.
Based in Tokyo, Hirayama will be responsible for M&G Real Estate’s Japanese property lease negotiations and will have oversight of improvements made to these properties through planning, refurbishment or alteration. He reports to Katsuhiro Ishikawa, managing director of M&G Real Estate Japan, and James MacKinnon, head of asset management Asia-Pacific at M&G Real Estate Asia.
Hirayama has over 15 years of real estate experience in Japan across a wide range of functions from urban planning to real estate investment and management. Prior to joining M&G Real Estate, he worked for Hitachi as a senior adviser focused on improving the value of real estate through smart technology. He has also held positions at Astro Japan Property Trust and Spring Investment Co., an Australian-listed real estate investment trust. Hirayama started his career at Urban Renaissance Agency (URA), a government-owned entity dedicated to the management and renovation of major cities and public housing developments.