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
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.