Hyung Kim, who previously served as co-head and co-CIO of Asia Pacific, brings 26 years of investment experience, with a track record in investing and platform development. In his new role, he will lead the firm's investment strategy, client relationships and business operations across the region, the firm added.

Kunihiko Okumura will step down as co-head and co-CIO of Asia Pacific on 1 May, and will depart LaSalle on 31 October 2026. During the transition period, Okumura will continue to serve in focused roles to support continuity, including as Asia Pacific investment committee member through his departure date and as CEO of Japan through 30 June 2026.

"Steve's appointment demonstrates the strength of our leadership bench in Asia Pacific and our disciplined approach to succession planning. His deep regional expertise, institutional knowledge and proven track record position our platform exceptionally well for continued success,” Brad Gries, CEO, LaSalle said. “Steve has been instrumental in building our Asia Pacific business over the past 13 years, and we are confident in his leadership as we enter this next phase of growth."

Nagai, who serves as head of LaSalle's logistics team in Japan and leads the LaSalle Japan Logistics Fund series, brings more than 20 years of real estate experience in Japan, 18 years of which have been with LaSalle.

"Mari is a highly respected leader and investor with deep experience and strong stakeholder relationships in the Japan market, as well as a strong track record of execution,” Hyung Kim said. “Her appointment as CEO of Japan exemplifies our commitment to promoting and cultivating talented leaders from within the organisation.”

LaSalle Investment Management, a subsidiary of JLL, is a globally-integrated, diverse real estate investment manager. Worldwide, LaSalle manages $86.4 billion of assets in private and public real estate equity and debt investments.