Tony Ho has been hired as national director for acquisitions by the real estate investment manager LaSalle Investment Management. He will be based in Hong Kong and will report to Andrew Heithersay, the international director and head of acquisitions for Asia-Pacific (excluding Japan and Korea).

He will be part of LaSalle's acquisition team and will identify opportunities and acquire property on behalf of LaSalle funds and its separate accounts. Ho will focus on special situations in Greater China especially with opportunities seeking rich foreign partners.

ôIÆm focusing on the first- and second-tier cities in Greater China markets,ö says Ho. ôThe conventional institutional real estate investment asset classes of offices, retail and warehousing are appealing in a number of cities.ö

If a firm does Asian real estate, then Ho has probably worked there. He used to work at the US real estate private equity fund Forum Partners and before that at Hong Leong GroupÆs Singapore subsidiary China Gateway Asset Management. He also worked at Accenture in Beijing and at Price Waterhouse in Hong Kong. He has been a research analyst at Lehman Brothers, ING Barings Securities (HK) Limited and UBS Warburg.

As at April 2008, LaSalle had 196 staff and $11 billion in assets under management in the Asia-Pacific with an additional $3 billion of committed equity to invest via its LaSalle Asia Opportunity Fund III.