JLL Hotels & Hospitality
Currently holding the position of Head of Investment Sales Asia Pacific and based in JLL’s Singapore office, Nihat oversees a team of 16 investment professionals based out of Singapore, Bangkok, HK, Shanghai, Ho Chi Minh City with a focus on the investment and divestment needs of hotel investors and owners across the Asia Pacific region.
A JLL career professional, Nihat has been with the firm’s Hotels & Hospitality Group since 2002 when he began his early career as an Analyst in the company’s London headquarters. Based in Singapore since 2007 and with 18 years of experience selling hotels, Nihat has conducted USD 8 billion in hotel transactions to date across Europe, Asia, and the Indian Ocean. Since joining the Asia team, Nihat has been engaged in a broad range of transaction mandates for Asian and Middle Eastern clients across the region with an active involvement in cross-border regional investment opportunities and overseeing sales mandates in China, Hong Kong, the Indian Ocean, Japan, Singapore and Thailand.
Amongst others Nihat’s successes include:
- USD 1.5 billion of sales across Japan including the sale in 2019 of the iconic Westin Tokyo
- USD 1.39 billion of transactions across the Indian Ocean including Cheval Blanc Maldives for a global record of USD 4.7 million per key, the Banyan Tree Seychelles and Movenpick Mauritius;
- USD 1.5 billion of sales in Greater China including the InterContinental Hong Kong and Four Seasons Pudong
- USD 1.6 billion of sales in Singapore including the Andaz Singapore and Oakwood Downtown in 2019
Additionally Nihat also focuses on the flow of Asian capital into Europe and the US. In his role, Nihat has led the marketing of numerous trophy hotel investment opportunities to Asian capital, including sale of the Marriott Champs Elysees at a record Euro 1.7 million per key to a Hong Kong listed Chinese company.
A graduate of the University of Surrey, Nihat holds a first class BSc (Hons) in Hotel and Catering Management. He is a registered Real Estate Salesperson with Singapore’s Council for Estate Agencies.