TH Real Estate expands its Sydney team


Real estate investment manager, TH Real Estate, has appointed Martin Priestley as its new head of debt, Australia.
In his new role he would be responsible for building a debt investment platform in Australia and for investing client capital for both pooled funds and separate accounts.
Priestley joined from CBRE where he led the debt and structured finance (DSF) team in the Asia-Pacific region and he will report to Nick Evans, TH Real Estate executive director and head of Australia, and Jack Gay, the head of global debt investment.
He has more than 25 years’ experience across real estate debt and equity including roles in investment banking, debt origination, funds management, corporate advisory and capital raising.
“Martin’s appointment is a reflection of our ongoing commitment and intention to build a strong business in Australia across real estate debt and equity,” Evans said.
Recommended for you
Lonsec and SQM Research have highlighted manager selection as a crucial risk for financial advisers when it comes to private market investments, particularly due to the clear performance dispersion.
Macquarie Asset Management has indicated its desire to commit the fast-growing wealth business in Australia by divesting part of its public investment business to Japanese investment bank Nomura.
Australia’s “sophisticated” financial services industry is a magnet for offshore fund managers, according to a global firm.
The latest Morningstar asset manager survey believes ETF providers are likely to retain the market share they have gained from active managers.