Grosvenor, a privately-owned international property group, announced it appointed Benjamin Cha as chief executive at Grosvenor Asia Pacific, the group’s Asia-based proprietary arm.
Cha joined Grosvenor Asia Pacific as managing director on September 29, 2014. He succeeds Nicholas Loup, who moves on from the company. Loup established the Asia business in Hong Kong in 1994; operations have since expanded to Tokyo and Shanghai.
Prior to joining Grosvenor, Cha was with UBS Global Asset Management as managing director, head of global real estate Greater China and co-CEO of UBS/Gemdale, a UBS joint venture real estate private equity platform in China. Prior to this he was with HKR International, a Hong Kong based developer, for 11 years.
In Asia Pacific, Grosvenor has garnered a reputation for being a long-term investor and developer, growing a diversified portfolio of core investments and building an expanding programme of award-winning Grosvenor-branded luxury residential developments in Hong Kong, Shanghai and Tokyo. The latest of these include The Westminster Roppongi and The Belgravia Azabu apartment buildings, both in Tokyo.