Cornerstone Real Estate appoints head of Business Development Europe

US property manager Cornerstone Real Estate Advisers has appointed Albert Yang as managing director and head of Business Development for Europe.

Yang’s appointment will be effective in September. He will based in London.

Yang joins from JP Morgan AM where he spent four years as executive director of global real assets (GRA).

He was responsible for capital raising, investor relations and business development for institutional investors in the EMEA region investing in global real estate.

Previously, Yang held positions at Henderson Global Investors, Schroder Property Investment Management and Deutsche Property Asset Management.

He is a board member of the Association for Foreign Investors in Real Estate (AFIRE) and sits on the editorial board of Institutional Real Estate, Inc. (IREI).

Cornerstone has almost $50bn (€43.3bn) in assets under management.

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