Mr Jack Harkness has been appointed at the new Director of Regional Industrial and Logistics Services at Savills Asia Pacific. His appointment comes shortly after Savills recent acquisition of a strategic interest in LCA, a Southeast Asian supply chain consulting specialist. This appointment and acquisition are part of Savills strategy to expand and strengthen its position in the Asian market.
Based in Singapore, Mr Harkness will be operating across key markets throughout Asia. Mr Harkness shared, “Demand for cold storage, warehousing, and data centres are at record levels across the region. I am delighted to join Savills experienced team at a time when industrial real estate is experiencing remarkable developments. I am confident that we will continue to offer the best-in-class services to our clients in Asia as the sector rapidly expands.”
Mr Harkness joins Savills from JLL in Indonesia, where he served as APAC director of logistics and industrial - advising online retailers, data centre operators, MNCs and 3PLs on the regional expansion of their real estate portfolios. At Savills, Mr Harkness will be advising tenants, landlords, and investors on e-commerce, consumer-packaged goods (CPG) and data centre sectors, and cross-border capital and leasing transactions. He is a member of RICS, and a graduate of both Leeds University and Cass Business School in London. Prior to working at JLL, Mr Harkness started his career in 2012 at Savills in London.
Mr Martin Fidden, Regional Managing Director, Professional Services, Asia, commented, “Jack’s strong track record across Southeast Asia and deep understanding of local market dynamics will undoubtedly be of great value to our clients. Together with his extensive knowledge of BTS warehousing and data centres, Jack is well-positioned to assist our digital and e-commerce clients as they continue to execute regional expansion strategies.”
Mr Chris Marriott, CEO, South East Asia, added, “This hire is an important piece in the development of our Industrial and Logistics agencies across Southeast Asia, where we have been expanding our in-country delivery capabilities in Indonesia, Viet Nam, Malaysia, Thailand and Singapore.”
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Despite a prolonged lockdown, the industrial real estate market in Viet Nam has been resilient and witnessed positive activity in 2021, such as newly established industrial parks and key industrial projects launching. The market witnessed M&A deals, supply improvements, and good demand for ready-built factories and warehouses. High-value-added industries - such as high-tech equipment manufacturing, research facilities, data centres, and industrial cold storage - continue to attract investment. Savills Vietnam Industrial Real Estate White Paper, expected in early November 2021, will provide detailed insights on Viet Nam's industrial real estate market and the major developments across key market segments in 2021. |
Learn more at: www.industrial.savills.com.vn.