Universal Investment opens new office in Singapore

Core Insights - Universal Investment Group has expanded into the Asia-Pacific region by opening its first office in Singapore, aiming to enhance its presence as a third-party management company and fund services provider [1][4] - The Singapore office will focus on assisting clients in pursuing international growth, particularly in the real estate market [1][2] Group 1: Leadership and Operations - Bjoern Beck, an experienced professional in the APAC region and real estate, will lead the Singapore operations as managing director [2] - Beck will collaborate with European colleagues to ensure comprehensive service for clients [2] Group 2: Services Offered - The Singapore branch will provide a range of services including fund structuring, management, administration, reporting, and risk management [3] - It will also serve as a conduit for APAC asset managers and institutional investors looking to enter the European investment market [3] Group 3: Strategic Importance - The establishment of the Singapore office is viewed as a significant milestone in Universal Investment's ambition to become a truly global partner for clients [4] - The new location will provide distribution support through the DACH network (Germany, Austria, Switzerland) [4] Group 4: Recent Developments - Universal Investment recently appointed Hilton Hess as chief financial officer, who has over 35 years of international corporate finance experience [5]