License # RES REB 0012149
Karlo has more than 12 years of experience in the real estate industry. He started his career as an analyst in Colliers International Philippines in 2010 under the consultancy and advisory services, specializing in feasibility studies, highest and best use analyses, financial modeling and financial due diligence. In 2013, he relocated in Myanmar to start the advisory and valuation service line, consequently involving regional project assignments in Thailand, Hongkong and Singapore. Karlo was promoted as Deputy Managing Director and Managing Director in 2018 and 2019, respectively. Currently, he also leads the Capital Market Services, representing multiple asset types in Myanmar (residential, industrial, commercial and mixed-use developments) for joint venture, capital debt injection and financing purposes, as well as outright sale of the properties.
Karlo has successfully concluded consultancy assignments in the Philippines with major conglomerates such as Ayala Corp., SM Prime, Robinsons Land Corp. and DMCI Homes, to name some.
In Myanmar, he has established his coverage to top international firms working closely with Japanese developers such as Mitsubishi Estate, Kajima Corporation, Sumitomo Realty Development Co., Ltd., Tokyo Tatemono as well as key Chinese clients namely CFLD, CCCC, CHEC, CRCC, CRBC, China Railway Group Norinco, Bauing Group and Country Garden.
Karlo has also pioneered the consultancy work for many of the highly notable and large-scale developments in the country including:
· 60-acre TOD Yangon Central Railway Redevelopment (Yangon), development cost of USD1.8 billion.
· 20,000-acre Township Size Mixed-use New Yangon City Development (Yangon), development cost of USD89 billion
· 500-acre PPT Landed Residential and Leisure Development (Mandalay), development cost of USD900 million
· 6,000-acre Valuation for Dawei Special Economic Zone (Dawei), investment value USD8.6 billion.
Some of his recent milestones include a successful advisory and valuation assignment that led for Ayala Corp. to land in an unprecedent deal with Myanmar conglomerate, YOMA Strategic Holdings and First Myanmar Investment. Since building the Capital Market Service line in 2018, Karlo currently and collectively represents more than 6,000 acres of investment listings intended for residential, commercial and industrial uses.
B.S. Applied Economics, University of the Philippines; Board Passer and Licensed Real Estate Broker. RES REB.
Memberships & Involvements
Member, Colliers International Valuation & Advisory Services
Urban Land Institute Philippines,
Member, Makati Business Club
British Chamber of Commerce Myanmar
American Chamber of Commerce Myanmar
Thai Business Association in Myanmar
Singapore Association Myanmar
Ayala Corporation, Nomura, ATR, GIC, Deutsche, Baring Private Equity, PEP, Oxford Business Group, ＂Travellers International Hotel Group.,＂Inc., Mitsubishi Corporation, Nippon Steel Kowa Real Estate, SCCP Capital Holdings, HAGL, Kajima Croporation, KPMG, Recap IV Acquisitons, Daiwa Royal, CNQC, Deloitte Anjin LLC
"Ayala's engagement with Colliers for its landmark transaction with Yoma Strategic Holdings and First Myanmar Investment turned out to be very collaborative and informative. Their in-depth insights on Yangon's real estate property market certainly helped Ayala during the due diligence phase. Karlo and his team showed utmost dedication through their professionalism and responsiveness to Ayala's needs."
Martin C. Lopez, Corporate Finance and Asset Management, Ayala Corporation
"We are grateful for the services provided by Colliers. We have been blessed by what your team shared and we did have an insightful understanding of the real estate market in Yangon. The site visits arranged by Colliers also reinforced what was shared. We are also pleased to share that the Industrial Market Study done by your team was valued positively by management leading to our concrete interest to invest in Myanmar moving forward. Look forward to future collaboration in near future."
Lionel Tay, Managing Director, Myanmar Singapore (Hlegu) Industrial Park JV Co., Ltd, SEMBCORP
"Our partnerships with Colliers has been extremely helpful to our business and is a great value-add to our objectives going forward. We are happy to have them engaged with the valuation, advisory and investment fronts, and Htoo Group is looking forward to achieving more success with this strategic collaboration."
Kim Loc Thi Tran, Investment Manager, Htoo Group
Hpone is an Assistant Manager in the research and advisory department at Colliers International office in Myanmar. He is responsible for conducting properties research, creating and managing databases, producing property reports, supporting valuation and advisory teams, providing site data analysis, interpretation and case studies and client-management.
An experienced Head of Real Estate Management Services with definite abilities in leadership, planning, organizational decision-making, team building and project leading.
Successfully managed and transformed mixed development sites in the Philippines and with known reputation for Property, Facility, Financial/Budget, Equipment, Supplier/Contractor and People Management.
- Head of Department | Real Estate Management Services | Colliers International Myanmar
- Senior Manager | Real Estate Management Services | Colliers International Philippines
- Property Manager | Colliers International Philippines
- Electrical Systems Engineer | Philippine Engineering & Technology Center | Lear Corporation
- Project Leader | Cebu Electronics | Philippine Engineering & Technology Center | Lear Corporation
- Lead Engineer | Metrology Group | Materials Engineering & Laboratory | Philippine Engineering & Technology Center | Lear Corporation
Business Development Executive
As Senior Business Development Executive at Colliers International in Myanmar, Nay Aung Kyaw (Kris) reports directly to the Managing Director, and is responsible for corporate sales under the advisory, research and valuation service lines. He also handles account and client management as well as coordination for the brokerage, capital markets and property management services.
I help clients make good business decisions by providing independent and expert valuation of real estate properties for various purposes, such as for investment analysis, financing, and financial reporting. I manage all the valuation projects in Myanmar, and I lead the Valuation team in creating valuation reports for various corporate clients.
I joined as the Senior Valuer in the Valuation and Advisory Services division of the Colliers International office in Yangon, Myanmar on May 2019.
I worked in the Valuation and Advisory Services division of the Colliers International office in the Philippines for around three years, where I also did account management and project management of valuation projects.
I had achieved a Net Promoter Score (NPS) of 85% on all the valuation projects I worked on as the valuer and the account manager for 2018. I had achieved a Net Promoter Score (NPS) of 80% on all the valuation projects I worked on for 2017.