Colliers Singapore’s senior executives for industrial services quit
In this article (5)
THE exodus of executives from Colliers International Singapore has continued this week. This time, some senior executives in its industrial services team including the division head are leaving for a rival firm.
Colliers’ executive director and head of industrial services, Tan Boon Leong, three other senior executives and one support staff are said to be joining Knight Frank Singapore.
This leaves Colliers with two industrial brokers. Meanwhile, Knight Frank’s industrial department will increase significantly to 11 executives, comprising nine brokers and two administrative staff with Mr Tan helming the team.
Their official starting date at Knight Frank is not confirmed yet. But sources told BT that Mr Tan is expected to join Knight Frank in March after two months of gardening leave. He will be reporting to Knight Frank Singapore group managing director Danny Yeo.
An internal email to employees announcing the changes were sent out by Knight Frank at 5.30pm on Friday.
Colliers’ traditional strengths are said to be in industrial services and valuation.
But last June, five industrial brokers from Colliers Singapore, including executive directors Brenda Ong and Rimon Ambarchi, jumped ship to CBRE. Its former managing director, Dennis Yeo, later joined CBRE as regional head of industrial and logistics services in Asia.
Since some leadership changes took place at Colliers International, the firm became a poaching ground here.
In September, a team of eight experienced valuers including Colliers’ head of valuation and deputy managing director, Cynthia Ng, moved to Savills Singapore.
All three directors of its office services team joined Savills Singapore earlier in February and four members of its retail team hopped over to JLL’s retail agency team in June.
This week, one of its deputy managing directors, Calvin Yeo, and head of investment service, Stella Hoh, also left the company.
Questions & Answers
Q.Which firm are the departing Colliers industrial services executives reportedly joining?
Which firm are the departing Colliers industrial services executives reportedly joining?
Colliers’ executive director and head of industrial services, Tan Boon Leong, along with three other senior executives and one support staff, are said to be joining Knight Frank Singapore. Their official starting date at Knight Frank is not yet confirmed.
Q.How many industrial brokers will Colliers Singapore have left after the recent departures?
How many industrial brokers will Colliers Singapore have left after the recent departures?
After the recent departures, Colliers Singapore will be left with two industrial brokers. This follows a previous exit of five industrial brokers from the firm last June, who moved to CBRE.
Q.What other departments at Colliers Singapore have seen senior staff leave recently?
What other departments at Colliers Singapore have seen senior staff leave recently?
In addition to industrial services, Colliers Singapore has seen departures from its valuation team, office services team, and retail team. Its deputy managing director and head of investment service also left recently.
Q.Who will Mr Tan Boon Leong be reporting to when he joins Knight Frank?
Who will Mr Tan Boon Leong be reporting to when he joins Knight Frank?
When he joins Knight Frank, Mr Tan Boon Leong will be reporting to Knight Frank Singapore group managing director Danny Yeo. He is expected to start in March after two months of gardening leave.