Stuart Ross appointed Head of Industrial and Logistics for Southeast Asia
Stuart Ross moves to new role as Head of Industrial and Logistics, based in Singapore
SINGAPORE, 29 January 2020 - Global real estate consultancy JLL has announced that Stuart Ross has relocated from his current role as Head of Industrial in China to take up a new position as Head of Southeast Asia Industrial and Logistics.
In this new role, Mr Ross will drive JLL’s Industrial and Logistics business across Singapore, Malaysia, Thailand, Philippines, Indonesia and Vietnam, which will offer Leasing and Capital Markets services to clients. Mr Yin Hong, formerly Head of Manufacturing, and Mr Richard Huang, formerly Head of Logistics, have been promoted to become joint leaders of JLL’s Industrial team in China.
Mr Ross previously led a team of over 60 industrial specialists across 13 JLL offices in China in sectors including logistics, manufacturing, business parks and investment. Prior to China he worked for 15 years in Sydney’s industrial market.
Chris Fossick, CEO Singapore and Southeast Asia at JLL, said: “Given his strong track record in China and Australia, we are delighted that Stuart is bringing his knowledge and expertise to build up our industrial leasing and capital markets capabilities in Southeast Asia, where he will be working closely with our Head of Supply Chain Consulting, Michael Ignatiadis to ensure the best results for our clients. The region is home to some of the biggest global industrial & logistic investors as well as a significant REITs sector, and these clients are set to benefit from our expanded team.”
“The Industrial sector is undergoing huge change, driven by e-commerce, automation and the complexities of last-mile logistics. The opportunities in Southeast Asia are positive, with the region winning more manufacturers in recent years and growing domestic demand fueling growth,” explains Mr Ross. “I look forward to working with my colleagues at JLL to grow the team’s capabilities in Southeast Asia and develop our Industrial and Logistics offering to clients.”
“This move is a reflection of our confidence in the Southeast Asia Industrial and Logistics sector, which we believe is set to grow significantly over the coming years with the rise of e-commerce and growing foreign direct investment in manufacturing” added Mr Fossick.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.