Experienced and professional REIT management team, with each member having at least 15 to 20 years of relevant industry experience
Ms. Tan was appointed the CEO of Sasseur Asset Management Pte Ltd in August 2021. She brings with her more than 20 years of professional career experience spanning across a wide spectrum of real estate expertise in real estate investment banking, real estate direct investment, REIT management, real estate fund management and property development.
Ms. Tan started her professional career in investment banking with N.M. Rothschild & Sons Singapore and JP Morgan Singapore, where she was involved in a wide range of capital markets and cross-border M&A transactions. She has accumulated significant real estate expertise backed by extensive management experience from numerous leadership and senior roles in REIT management, real estate investment, real estate fund management, and property development companies.
Before joining Sasseur Asset Management Pte Ltd, Ms. Tan was the Senior Strategic Adviser to Mr. Vito Xu, the Chairman of Sasseur Group from July 2019 to June 2021. She was also an Independent Director of Roxy-Pacific Holdings Limited, a SGX-listed company involved in property development and hospitality activities, from 1 October 2019 to 30 July 2021.
Her previous appointments included being the Chief Financial Officer and Chief Operating Officer of KOP Group Pte Ltd, Executive Vice-President (Real Estate Fund Management) of Pacific Star Group, and Chief Investment Officer of Macquarie Pacific Star Prime REIT Management Pte Ltd, the manager of Macquarie MEAG Prime REIT (now known as Starhill Global REIT).
Ms. Tan holds a Master of Applied Finance from Macquarie University, Australia and she graduated with a Second Upper Class Honours Degree in Business Administration from the National University of Singapore.
Mr. Xie has over 20 years of experience in finance, audit, accounting, corporate finance and treasury functions.
Mr. Xie started his career with PricewaterhouseCoopers (PwC) China as an audit professional from September 2001 to September 2014 in Beijing. During his time with PwC China, he assisted clients in capital markets transactions such as IPO listings in Hong Kong and China, secondary market private placements and bond offerings. He was seconded to PwC United Kingdom from 2005 to 2007 as part of a talent development programme in recognition of his outstanding performance.
Before joining Sasseur Asset Management Pte Ltd, Mr. Xie was the General Manager of the Finance Department of Sasseur Group, the Sponsor of Sasseur REIT since May 2018. He reported directly to the Chief Financial Officer of Sasseur Group, and was in charge of Sasseur Group's financial operations including financing, cash management, accounting and tax management. He had gained considerable insights and working knowledge of the unique business model and operations of Sasseur outlets during his time with Sasseur Group, and had established a good network of relationships across various core departments in Sasseur Group.
Mr. Xie graduated from Central University of Finance and Economy with a Bachelor's Degree in Management. He is also a Chartered Accountant with The Chinese Institute of Certified Public Accountants.
Mr. Cheng Hsing Yuen is responsible for the asset management function of all the outlets located in three cities in China under Sasseur REIT. His key focus is creating value for all stakeholders through strategic asset planning and asset enhancement initiatives (AEI) at the asset level to enhance the attractiveness of the outlets for a sustainable income growth. He brings with him more than 25 years of experience in asset and property management for various asset classes, ranging from retail malls, offices, business parks and industrial buildings.
Prior to joining Sasseur Asset Management Pte Ltd, Mr. Cheng was the Senior Asset Manager at Mapletree Industrial Trust. He was responsible for developing strategies to maximise the performance of industrial properties including business parks, data centres as well as portfolio reporting. He has also held portfolio management positions in Ascendas Pte. Ltd and NTUC Income. His role included formulating Key-Performing Index measures for assets, leasing and tenant-relationship management plans and AEI programmes. He worked closely with the property managers to execute proactive asset management plans to optimise operational and financial performance and manage property expenses.
Mr. Cheng holds Master of Science (Real Estate) and Bachelor of Social Sciences (Honours) Degrees from the National University of Singapore.