Hongkong Land Holdings Limited announced that Michael Smith has been appointed Chief Executive of Hongkong Land Holdings Limited with effect from 1 April 2024. He will succeed Robert Wong who has been the Chief Executive of Hongkong Land since 2016. Michael is currently the Regional Chief Executive Officer of Europe and the US at Mapletree Investments, headquartered in Singapore.

During his nearly seven years at Mapletree, Michael has been responsible for growing the group's new and existing businesses in Europe and the US, and accountable for overall operating performance. Under Michael's leadership, the Europe and US portfolio has grown to account for over a third of the group's assets under management, across diversified asset classes including logistics, data centres, business parks and student housing. In addition to building scale, Michael has been responsible for monetising assets into public and private vehicles, while leading a large team of professionals across multiple jurisdictions.

Prior to joining Mapletree, Michael was a Partner at Goldman Sachs, and led the bank's Southeast Asia investment banking, as well as Asia Pacific (ex-Japan) real estate businesses. Altogether, Michael brings 30 years of real estate, capital markets and investment banking experience. Robert will retire from his role as Chief Executive on 31st March 2024.

Robert will continue as a senior advisor to ensure a smooth leadership transition. Michael will relocate to Hong Kong with his wife and children. Michael Smith has held a directorship in the following listed company in the past five years: Mapletree Industrial Trust Management Ltd., as Manager of the Mapletree Industrial Trust- Non-Executive Director- 15 December 2019 to date.