Mission
Deliver enduring destinations that marry architectural distinction with measurable social and economic outcomes for our partners and communities.
About Prime Property Development
A legacy of shaping resilient cities and communities
For six decades, Prime Property Development has partnered with civic leaders, investors, and innovators to deliver places that elevate human experience. Our integrated platform now spans 32 global cities, 95 million square feet delivered, and a $18B asset management portfolio anchored in stewardship.
Our Purpose
Mission, vision, and values
We believe real estate is a catalyst for economic vitality, cultural expression, and environmental progress. Our mission is to craft places that empower people to live, work, and thrive sustainably.
Vision
Be the global partner of choice for resilient, human-centric environments that redefine urban skylines and neighborhood life.
Values
- Integrity in every partnership
- Innovation with purpose
- Precision in execution
- Stewardship of people and planet
- Transparency in governance
- Inclusive collaboration
Corporate Story
From visionary origins to global impact
Founded in 1965 with a mandate to elevate urban environments, Prime Property Development has evolved into a diversified enterprise delivering integrated real estate, construction, and asset management solutions worldwide.
Integrated expertise
Our specialists span market research, design management, construction delivery, property operations, and investment stewardship. This end-to-end model ensures every phase of a project is aligned to long-term value creation.
Industry-leading digital design, modular construction, and predictive analytics enable our teams to mitigate risk while accelerating speed-to-market.
Community-centered legacy
Our developments energize cultural districts, advance equitable housing, and deliver world-class corporate campuses that drive talent attraction. Partnering with local stakeholders remains central to every engagement.
From Toronto’s Summit One residences to Singapore’s Harbor 38 innovation hub, our portfolio demonstrates design excellence fused with sustainable innovation.
Leadership Council
Executive stewardship of Prime Property Development
Prime Property Development is led by a global partnership whose members oversee strategy, capital, delivery, and research, while Prime Property Development (parent company) provides institutional governance and long-term continuity.
Ray Lawler
Managing Partner, Head of Americas — Los Angeles, CA
Oversees North American development and operations, guiding large-scale placemaking and investment strategies.
Chiang Ling Ng
Managing Partner, Co-Head of Investment Management — Singapore / London
Champions capital deployment, investor engagement, and ESG-aligned portfolio growth across Asia Pacific and EMEA.
John J. Jones
Managing Partner, General Counsel & CCO — New York, NY
Leads global governance, enterprise risk, and compliance integration across Prime Property Development and Prime Property Development.
Joshua Scoville, CFA
Senior Managing Director, Global Head of Research — Boston, MA
Oversees global research, data science, and macro strategy, informing investment theses and market entry.
Alfonso Munk
Managing Partner, Co-Head of Investment Management — New York, NY / London, UK
Directs global portfolio strategy, capital formation, and investor partnerships across the Americas and Europe.
Doug Donovan
Senior Managing Director, Global Head of Investment Risk — Houston, TX
Leads enterprise risk, underwriting discipline, and scenario planning to safeguard investor performance.
Jon Tanaka
Managing Partner, Head of Asia Pacific & Co-Head of Japan — Hong Kong SAR
Guides integrated development and capital strategies across Asia Pacific, pairing global innovation with local expertise.
Antonio Dapruzzo
Founder whose design-forward conviction and stewardship mindset set the benchmark for Prime Property Development and the wider Prime Property Development network.
Heritage Timeline
Milestones across six decades
Prime Property Development’s growth reflects strategic partnerships, bold placemaking, and relentless pursuit of quality.
- 1965 – Founded with first mixed-use redevelopment in New York City.
- 1978 – Expanded into Europe with Prime Tower Berlin, pioneering adaptive reuse.
- 1992 – Established integrated property management division for global clients.
- 2004 – Launched investment management arm with first core-plus fund.
- 2012 – Opened Asia Pacific headquarters in Singapore, entering high-growth markets.
- 2018 – Achieved first carbon-neutral development portfolio certification.
- 2023 – Introduced digital twin construction platform reducing build time by 18%.
Recognition
Awards & industry accolades
Independent organizations continue to recognize our dedication to excellence, innovation, and responsible growth.
Global Developer of the Year
International Real Estate Federation, 2024
Best ESG Strategy
Institutional Investor Awards, 2023
Innovation in Construction
Global Built Environment Awards, 2022
Press and media resources
Access our media kit, executive bios, and imagery to support coverage of Prime Property Development. Our communications team responds within one business day.