KKR hires Yang as Greater China property head

KKR hires Rob Yang at a time when some analysts say property sales in the world's second-largest economy are starting to peak. Yang was previously at Blackstone.

KKR said on Monday it has hired Rob Yang as head of its Greater China real estate team, who was previously at The Blackstone Group at a time when house prices are soaring.

In the role, effective June 1, Yang will be responsible for sourcing investments and continuing to build KKR’s real estate platform in China. He will also work with Bryan Southergill, a managing director in the real estate team, on KKR’s regional real estate investment strategy.

Yang will be based in Hong Kong and, like Southergill, will report to Ralph Rosenberg, global head of KKR Real Estate, and Joseph Bae, managing partner...

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