Sunday, September 23, 2012

Project Development Group [Mr Rank] & Lippo Group [Riady's]

Lawrence Rank
Founding Partner & Chairman
A recognized expert in the field of shopping centers, Mr. Rank has served as a principal/senior executive at several notable development companies in North America and Asia. He has been responsible for completing the planning, development and redevelopment of over 60 shopping centers and regional malls (over 31 million sq. ft.) during his over 35 years in the real estate industry.

Prior to forming Property Development Group and PDG Investments, Mr. Rank was recruited by Lippo Bank to start up a major shopping mall development group headquartered in Jakarta, Indonesia. As the business grew, he relocated to Hong Kong with Lippo Bank to develop a landmark retail mall/mixed-use project in the heart of Beijing, China. Following the completion of his work with Lippo Bank he founded a successful shopping centre consulting firm with offices in Hong Kong and Singapore. Mr. Rank then merged his consulting firm with Koll Asia Pacific and relocated to Newport Beach, California to run CB Richard Ellis' international retail development services group after its acquisition of Koll. Among other development activities, Mr. Rank negotiated a joint venture with a major Taiwanese conglomerate to develop mega retail projects throughout Taiwan.

His North American experience included senior positions with Pan Pacific Development Corporation (partner/director based in Vancouver BC) where he was responsible for managing the company's shopping centre development, leasing and property operations teams throughout Western Canada and the Western United States.

At Cambridge Shopping Centres Limited (VP Development based in Toronto Ont.) Rank was responsible for creating and implementing a program to expand the company's portfolio of shopping centres and mixed-use retail projects from 17 properties to 42 properties over a nine year period. Prior to Cambridge Shopping Centres Rank was a senior development officer at Cadillac Fairview Corporation based in Toronto, Ontario.
Mr. Rank has been an active member of the International Council of Shopping Centers since 1974.

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