Jonathan Hannam is joining ING real estate investment management as a managing director, with responsibility for Southeast Asia. Hannam was previously with FPDSavills where he also headed the firm's Southeast Asian operation.

Hannam will join ING in May and is expected to take over Robert Lie's position as managing director of the IP Property Fund Asia (which primarily holds properties in Singapore, Thailand, Hong Kong and Malaysia) by August.

Lie will then be transferred to Hong Kong where he will take up the role as regional head of ING real estate investment management.

"We are growing our business on a variety of levels at the moment. I will continue to monitor our investments in Southeast Asia, and will also be pursuing new business opportunities in North Asia," says Lie.