JLL Hotels & Hospitality Group
Managing Director, Head of Investment Sales Asia
Currently holding the position of Head of Investment Sales Asia and based in JLL’s Singapore office, Nihat oversees a team of 16 investment professionals based out of Singapore, Bangkok, HK, Shanghai, and Ho Chi Minh City with a focus on the investment and divestment needs of hotel investors and owners across the Asia 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 17 years of experience selling hotels, Nihat has conducted over USD 6 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 conducting sales mandates in China, Hong Kong, the Indian Ocean, Japan, Singapore and Thailand.
Amongst others Nihat’s successes include the sale of Cheval Blanc Maldives for a global record of USD 4.7 million per key; Grand Park Orchard Singapore, the largest commercial transaction in the city’s history and the largest hotel sale globally in 2013, and the sale of the InterContinental Hong Kong in 2015 to Gaw Capital and Korea Investment Corporation for USD 938 million.
Aside from his current duties, 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 also a registered Real Estate Salesperson with Singapore’s Council for Estate Agencies.
Nihat Ercan, Managing Director, Head of Investment Sales Asia, JLL Hotels & Hospitality Group