Anton Hersche

Buddy Ferrie

1987

Ferrie opens the Tokyo office of the Binswanger Company, a US based industrial real estate brokerage firm, to serve Japanese direct investments in the US.

Hersche is assigned to the Tokyo office of Swiss Bank Corporation as Project Director for the consolidation of 6 office locations into one.

1989

Ferrie joins K.K. Halifax Associates, the oldest foreign owned real estate company in Japan, initially in the International Department. He initiates the concept of Buyer Representative, that of exclusively representing Japanese real estate investors for their US financial real estate requirements.

Hersche completes the SBC consolidation project with the opening of Swiss Bank House in Kamiyacho, with a total floor space of 8,000 m².

1990

1991

Ferrie initiates the concept of Exclusive Tenant Representation at Halifax with his first foreign capital client in Japan, Great Lakes Chemicals, in Yokohama. Many Tenant Rep clients are soon signed up to a concept that has since become almost an industry standard.

Hersche is appointed Operations Manager for Swiss Bank Corporation in Tokyo.

1992

1993

Ferrie signs up American Express, Halifaxfs largest single Tenant Rep client to date.

1994

Ferrie develops Halifaxfs first third party Property Management and Asset Management clients.

Hersche is assigned to the Singapore office of Swiss Bank Corporation as Project Director for the consolidation of 3 office locations into Suntec City for a new office of 10,000 m².

1995

After 22 years of service in Swiss Bank Group Hersche resigns and joins Dresdner Securities Tokyo as Operations Manager and Project Director for relocation project (8,000 m2) to new location in Kamiyacho.

1996

In February, Ferrie joins one of his Halifax clients, AIG, to start its Japan Real Estate Investment Group. By December, ARCA West in Kinshicho is acquired while still under construction from the JNR Liquidation Corporation for USD 180 million. It represents the largest single real estate acquisition by AIG anywhere in the world to date.

Hersche joins Deutsche Bank Group as Director of Corporate Real Estate and Services. Over the next 5 years with DB he is responsible for all office expansion as the group grows from 300 to 1800 staff. Expansion and relocation projects include Otemachi FSB (12,000 m²), Shiroyama Hills (3,200 m²) and Sanno Park Tower (18,000 m²).

1997

AIGfs Kinshicho building opens under its new name, AIG Tower. Ferrie initiates AIG's Real Estate Investment Program in Japan and begins to build the real estate investment and management team.

1998

AIG takes the lead in the joint acquisition and subsequent financing of the Shinnikko Building with its investment partner, Mitsui Fudosan. It sets a new record for the largest real estate investment for AIG anywhere in the world. This property goes on to become the first ever AAA rated single asset debt securitization in Japan in 1999.

Hersche retires from DB Group and establishes his first own company, HMS Japan, a consulting firm specializing in Corporate Services.

2001

Hersche is co-founder of PTS Facilities, a Corporate Services Consulting and Outsourcing company, the company grows from 9 to 70 staff within 3 years to a total yearly revenue of 600 million yen.

Separately, Hersche establishes the real estate company which would subsequently change its name to NAI Japan.

2002

2003

The combined value of AIG Japanfs real estate investment portfolio, including properties acquired by group companies, joint venture partners and investors in AIG funds since Ferrie established AIG Japanfs real estate investment group in 1996, reaches approximately USD 5 billion, by far one of the largest under the management of a foreign capital company in Japan.

Hersche negotiates to obtain the exclusive right to represent NAI Global for all of its Japanese real estate requirements, as well as for those of its clients.

2004

PTS Facilities merges with PTS Consulting. Hersche becomes Member of Board of Directors, Senior Partner and Shareholder.

2005

Ferrie joins as a Senior Partner and President of NAI Japan.

Hersche resigns from PTS Consulting and sells his shareholding.

2006

Ferrie and Hersche obtain full ownership of NAI JAPAN.

Hersche joins NAI Japan as CEO and Senior Partner.

2007