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Blackstone adds to Asian real estate team

Yan Yan was named managing director in the real estate team at Blackstone Group, said spokeswoman Emilie Stanton in an email.

It is a new position. Ms. Yan, who is based in Hong Kong, reports to Tim Wang, senior managing director in Blackstone's real estate group and head of real estate-China.

She previously was president, chief financial officer and chief operating officer at SOHO China, a prime office real estate developer in China.