Steve Hyung Kim (left) will assume the role of head and chief investment officer for Asia Pacific effective May 1, with Kunihiko Okumura (right) stepping down (Pictures: LaSalle Investment Management)
Kunihiko Okumura, co-head and co-chief investment officer (CIO) for Asia Pacific (Apac) at global real estate investment manager LaSalle Investment Management, will be departing the firm, the company says in an April 14 press release.
Okumura will step down from those roles on May 1, and will depart LaSalle on Oct 31. During the transition period, he will remain in his other roles — as CEO of Japan as well as a member of the Apac Investment Committee — until June 30.
Okumura was appointed as Apac co-CIO in 2021. Currently, he shares the Apac co-head and co-CIO positions with Steve Hyung Kim, who was appointed to the roles in February 2025.
Following Okumura’s departure, Kim will assume the role of head and CIO for Apac effective May 1.
Meanwhile, Mari Nagai will assume the role of CEO of Japan from July 1. She presently serves as head of LaSalle’s logistics team in Japan and leads the LaSalle Japan Logistics Fund series. She has over 20 years of real estate experience in Japan, including 18 years with LaSalle.
Mari Nagai will become LaSalle Investment Management's CEO of Japan effective July 1 (Picture: LaSalle Investment Management)
LaSalle currently manages some US$86 billion ($110 billion) of assets in private and public real estate equity. It is a subsidiary of real estate services company JLL.