Prudential’s real estate investment arm has announced the appointment of a deputy portfolio manager for its Asia core strategy.

PGIM Real Estate names Eileen Yong as executive director and deputy portfolio manager for the firm’s Asia core strategy, according to a statement, replacing Olivia Chow who will be moving internally to take on expanded portfolio management responsibilities in the region. Based in Singapore, Yong reports to Vincent Chew, executive director and portfolio manager of the Asia core strategy. 

Yong has over 20 years of experience in real estate equity and debt investments in Asia Pacific. She was most recently working at LaSalle Investment Management as a senior fund manager for two Asian mandates. Previously, she also worked at Aviva Investors’ real estate multi-manager team for eight years.

PGIM Real Estate has investment capabilities in real estate equity, real estate debt, agriculture, and impact solutions with professionals based in 32 cities worldwide. As of 30 September 2022, it had $133 billion in net assets under management.