On September 1 2016, Rushabh Desai (37) joined Allianz Real Estate as Head of Asia-Pacific. Based in Singapore he will report to François Trausch, Global CEO of Allianz Real Estate. He will become a member of the Allianz Real Estate Executive Committee.
Rushabh Desai (Rush Desai) has worked for Lone Star Funds since 2015 focusing on real estate investments in the South Asian region. Prior to that, he had 12+ years of diverse global experience with General Electric Company (“GE”) in positions of increasing leadership and management responsibilities. During his tenure at GE Capital Real Estate Asia-Pacific, in roles such as Head of Strategy & Planning, Chief Financial Officer and Head of Business Development, Rush led over USD $10 billion of transactions across a range of equity and debt assets and sub-markets (Japan, Australia & New Zealand, South Korea, China, and Southeast Asia). He graduated from St. Xavier’s College in Kolkata and completed an MBA from Narsee Monjee Institute of Management Studies in Mumbai.
"Rush Desai has built a formidable reputation in the Asia-Pacific real estate industry," said François Trausch. "His outstanding transactional skills, breadth of relationships and collaborative leadership qualities will aid him to lead Allianz Real Estate Asia-Pacific into the future. I am very pleased to have Rush on board to lead our growth and diversification strategy in the Asia-Pacific region.”
"Thanks to its quality global organization Allianz Real Estate has successfully built a €42+ billion well diversified global real estate portfolio”, said Rush Desai. "I am a strong believer in the long-term fundamentals of the Asia-Pacific region and I hope to be able to drive Allianz Real Estate's growth agenda for the region."