Hing Yin Lee is the senior executive director in the real estate investment department of Ping An Trust, the US$30.8 billion investment arm of China’s Ping An Insurance (Group). He is responsible for formulating real estate investment strategy and proprietary research for the company, identifying investment opportunities, and providing advice on deal execution. Lee recently spoke with Alex Eidlin, associate publisher of The Letter – Asia Pacific,about his organization and its property-related activities.

When was the Ping An Trust organized, and what is its mandate?

Ping An Trust was set up in 1996 as a subsidiary of Ping An Insurance (Group) Company of China Ltd., which is listed on both the Hong Kong Stock Exchange in 2004 and Shanghai Stock Exchange in 2006. After completing re-registration with the People’s Bank of China in 2002 and several capital injections, Ping An Tru