Mar 22, 2021 08:30 pm
Real estate consulting firm JLL has announced the appointment of James Cameron as the head of energy and infrastructure for Asia Pacific for its capital markets business line. The newly created role, which will be based in Singapore, aims to strengthen the firm’s presence in the region.
Cameron will be responsible for building and leading a team in Asia Pacific, in line with JLL’s long-term capital requirements to facilitate the infrastructure and renewables build-out that is necessary to meet the challenges of decarbonisation, digitalisation, economic growth and rapid urbanisation.
Stuart Crow, JLL Asia Pacific’s CEO of capital markets, said that there is a significant opportunity for the firm to leverage its expertise in mobilising multiple sources of capital, as well as its track record in advising renewables transactions globally, to better serve clients within energy and infrastructure across Asia Pacific.
Cameron brings over 25 years of real asset capital markets experience to the role, having previously served as the global head of commercial real estate at Standard Chartered Bank. He has experience mobilising various forms of private and public equity and financing for infrastructure projects, both globally and regionally.
In Singapore, investing in a condo is a highly appealing option, but it is essential to consider the government’s property cooling measures. The Singaporean government has implemented several measures over the years to discourage speculative buying and promote a stable real estate market. Among these measures is the Additional Buyer’s Stamp Duty (ABSD), which levies higher taxes on foreign buyers and those purchasing multiple properties. While these measures may have an impact on the short-term profitability of condo investments, they ultimately contribute to the long-term stability of the market, creating a safer environment for investors. When looking for Singapore Condos, it is important to take these measures into account to make informed investment decisions.
In his new role, Cameron will collaborate with JLL’s capital markets, investment banking, and debt advisory teams across the region. He will focus on originating capital raising and transaction advisory opportunities for large infrastructure and renewable transactions, serving institutional investors, private equity, asset managers, strategic infrastructure and renewables operators and developers, high net-worth individuals, and family offices.
Crow expressed confidence in Cameron’s ability to establish JLL’s leadership position in the energy and infrastructure space in Asia Pacific, through his expertise and client relationships. He added that Cameron’s experience in this exciting space is unmatched regionally.