AMP announces real estate retail leadership team
AMP Capital has appointed Mark Kirkland and Marco Ettorre to the leadership team for its retail real estate business, effective January, 2020.
The restructure was announced in August where the real estate business was realigned along with sector specialisations.
Kirkland would take the newly-created role of head of retail development and asset creation, with expanded responsibilities beyond master planning and delivery of projects to focus on coordinating AMP Capital Real Estate’s mixed-use asset creation capability.
He had been with AMP for seven years, with over 30 years’ experience in real estate including development, operations and construction.
Ettore would be joining AMP Capital from Lendlease to take on the role of head of retail and investments where he would be accountable for driving performance, innovation and cultural change through their integrated retail platform.
He would also be responsible for leading the property management, leasing and investment management teams.
Leaving the business would be Justine Hughes, head of asset and investment management; and Greg Antoniadis, head of shopping centre development.
Brett Williams, AMP Capital managing director of retail and real estate, said: “It’s exciting to announce two new roles for our retail business, and the two exceptional real estate professionals we’ve appointed.
“As we enter a new phase of the property cycle, we’re able to offer clients access to new, compelling development opportunities. Given Mark’s passion and well-regarded experience in development, he’s the perfect candidate to take on this opportunity to lead the next iteration and both deliver our pipeline and grow our development offer for clients.”
Recommended for you
Some 42 per cent of CEOs say they are actively reinventing their business to stay relevant in the next decade, with consumer services the most common choice for asset and wealth managers.
Former Ophir Asset Management chief executive, George Chirakis, has joined private equity manager Scarcity Partners, while the asset manager has appointed a replacement from Macquarie.
Australian Unity has appointed a fund manager for its Healthcare Property Trust, joining from Centuria Healthcare, as it restructures the product with a series of senior appointments.
Financial advisers nervous about the liquidity of private markets funds for their retail clients are the target of fund managers launching semi-liquid products which offer greater flexibility and redemptions.