AMP Capital’s Real Estate business has been realigned along specialist sectors, with new and expanded roles taken up by its leadership team. This includes the creation of two new Managing Director roles for retail and office and logistics, accountable for fund, investment, property and development management for their specialist sectors.
Brett Williams has been appointed to the new role of Managing Director, Retail. Currently Fund Manager for the AMP Capital Diversified Property Fund (ADPF), Williams will lead AMP Capital’s entire retail platform including the shopping centres asset management platform as well as the wholesale pooled funds with retail exposure, the AMP Capital Shopping Centre Fund (ASCF), as well as ADPF.
Mark Kirkland will work closely with Williams under the new title of Head of Retail and will continue to be responsible for leading the retail asset management platform including the delivery of the retail development pipeline.
Mark Kirkland
Luke Briscoe will take on the new and expanded role of Managing Director, Office & Logistics. Briscoe will be accountable for the whole office and logistics platform including the AMP Capital Wholesale Office Fund (AWOF), and the investment, property, leasing and development management functions, as well as of some of Real Estate’s shared functions including Sustainability, EWHS and Asset Technology which work across the entire office, logistics and retail business platform.
Global Head of Real Estate Carmel Hourigan said the new integrated sector specialisation structure and bolstered client focus will best enable AMP Capital to deliver for its clients and achieve its growth strategy.
“I’m excited to announce the new structure of our Real Estate business, with the alignment of accountability across fund, investment, property and development management. This structure will ensure a relentless and common focus on delivering performance for our clients.
“It’s all about ensuring we continue to innovate to provide new opportunities relevant to our clients across the commercial real estate cycle. I’m particularly proud to be able to recognise our strong internal talent, who are some of the brightest people in the industry,” Hourigan said.
Other changes to the Real Estate Leadership team include Merran Edwards appointed to the new role of Chief Financial Officer, Real Estate, where she will lead the finance, global strategy, business planning, strategic partnerships and risk functions.
Kylie O’Connor’s COO role will shift to be fund management focused which will see her taking on fund operations and governance, while leading one of the largest separate account businesses in the market, as well as private investor funds. To reflect this change, her title will change to Chief Operating Officer & Managing Director, Separate Accounts.
John Dynon will take on the role of Head of Origination & Capital where he will be accountable for sourcing new opportunities and placing capital for new and existing clients as well as overseeing the real estate transactions and distribution teams.
As the overall business structure is now sector aligned, there have been some leadership changes and the role of Head of Real Estate Funds Management held by Chris Judd is no longer required. Judd has had a distinguished career at AMP Capital and made a significant contribution to the business over the past 13 years. He has played a fundamental role in the governance, growth and management of the pooled fund and New Zealand portfolios and will work closely with the team on this transition and remain as a director on Precinct Properties until early 2020.
Dine at Bayfair, New Zealand
These changes will be effective 16 August 2019, and all of the above roles on the Real Estate Leadership team will report to Global Head of Real Estate & Chief Investment Officer, Carmel Hourigan.
AMP Capital is one of the largest and most experienced direct real estate fund managers in the Asia Pacific, with more than $28 billion in funds under management as at 30 June 2019. AMP Capital offers institutional and private investors access to real estate equity and debt opportunities globally through a range of wholesale funds and separately managed solutions.
Karrinyup Shopping Centre: New Eastern Entry, facing Francis Avenue. Artistic impression only and is subject to change
Last month, SCN reported the following Industry Shuffles for AMP Capital:
Donna Rogers rejoins the business in the role of Retailer Engagement Manager at Indooroopilly Shopping Centre. Donna was previously with AMPSCS from 2001 – 2010 and since then has worked as the National Marketing Manager at Dexus, as well as running her own consultancy.
Tara Carroll joins the team at Indooroopilly Shopping Centre as Marketing Executive Partnerships & Events. Tara joins from Scentre Group where she was most recently the Brand Experience Executive at Garden City.
Giselle Posilero has accepted the position of Marketing Manager at Ocean Keys in WA. Giselle has most recently held the role of Brand & Communications Manager at Garden City.
Diana Stevanovic has been appointment National Administration Manager. Diana joins us from Scentre Group where she was Administration Manager at Westfield Warringah.
Catherine Sly has joined the Leasing team as Lease Audit Administrator. Catherine has more than 10 years’ experience, having previously worked for Mirvac where she held the role of Administration Manager at Orion Springfield.
