JLL Hotels & Hospitality Group
Managing Director, Head of Investment Sales Asia
Nihat oversees a team of 16 investment professionals based out of Singapore, Bangkok, Hong Kong, Shanghai, and Ho Chi Minh with a focus on the investment and divestment needs of hotel investors and owners across Asia.
Nihat has been with the firm since 2002 when he began his career in the company’s London headquarters. Based in Singapore since 2007 and with 18 years of experience, Nihat has sold over USD 8 billion in hotels, including over USD 1 billion in the Indian Ocean.
Nihat’s notable successes include the disposals of Cheval Blanc Maldives for a global record of USD 4.7 million per key, the Banyan Tree Seychelles and Movenpick Mauritius.
USD1.6 billion of sales in Singapore including the Andaz Singapore, Oakwood Downtown and Grand Park Orchard. USD1.5 billion of sales in Greater China including the InterContinental Hong Kong and Four Seasons Pudong.
In Japan, Nihat is credited with the sale to offshore buyers of several landmark hotels including Niseko Village to Malaysian conglomerate YTL, Crowne Plaza Kobe to Thai conglomerate TCC, Hilton Nagoya to Singapore-based investment firm M&L, the sale in 2019 of the Red Roof Plus in Osaka to a consortium of Hong Kong based investors and the iconic Westin Tokyo to Bright Ruby.
A graduate of the University of Surrey, Nihat is RICS accredited and a registered Real Estate Salesperson with Singapore’s Council for Estate Agencies.