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People: Terence Lee Resigns From KKR APAC

Mingtiandi Username As the Ox Year gets under way in Asia the region’s real estate people are on the move, with a KKR managing director reportedly heading out the door in Singapore, and a top US architecture firm signing on new leadership in Shanghai. There are also new name cards being distributed at Heitman, Oaktree and Knight Frank in Mingtiandi’s weekly roundup of personnel changes. KKR Asia Pacific managing director Terence Lee has resigned from his position with the fund manager, according to a report by Bloomberg. Lee, who has been based in Singapore, was with the US buyout pioneer for a decade, during which time he was involved in the company’s investment in Asian property listings platform PropertyGuru, as well as in Indonesia’s Gojek and other regional tech firms.

The Sunday Show, BBC Scotland, analysis

Flex-Office Provider Industrious Expands As Industry Contracts

Share via Shortlink Industrious CEO Jamie Hodari (right). Inset (clockwise): TF Cornerstone’s Frederick Elghanayan, Vornado’s Steven Roth, LIVWRK’s Asher Abehsera, Thor Equities’ Joseph Sitt, and George Comfort & Sons’ Peter Duncan (Photo Illustration by Kevin Rebong for The Real Deal) Flex-office provider Industrious is doubling down on New York at a time when the future of the office market and flex offices in particular is facing unprecedented uncertainty. The company recently opened a 17,000-square-foot site in Midtown’s Carnegie Hall Tower, the third location it’s launched in the city since the pandemic took hold. Industrious’ Carnegie Hall Tower space (Photo via Industrious)

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