In an effort to build its retail asset management and funds management capabilities, Lendlease has announced three key appointments.

David McNamara has been appointed to the role of Head of Retail, Asset Management, where he will support Lendlease’s broad retail focus and oversee the management of 19 shopping centres and urban retail precincts across Australia. McNamara will use his extensive retail experience to drive operational excellence and spearhead retail innovation as Lendlease continues to position its shopping centres to respond to the next generation of consumer. This includes harnessing Lendlease’s expertise in digital, sustainability, consumer insights and mixed use place creation.

With more than 30 years’ experience in the retail sector, McNamara has held senior roles in funds management, asset management, property management, leasing, development and capital transactions, in both Australia and the US. He served as Fund Manager for Lendlease’s core retail fund, APPF Retail, for the past eight years.

“David’s appointment further strengthens our asset management capabilities as we create a next generation platform that utilises the best of Lendlease’s capabilities, including place-making, digital and research,” said Courtenay Smith, Managing Director, Asset Management at Lendlease.

“With the retail sector evolving rapidly, Lendlease is very fortunate to have David in the role to lead the team through this period and beyond. His extensive experience and passion for the sector will be invaluable as we evolve our retail offering for customers.”

With McNamara’s move to asset management, Anne MacSporran has been appointed Fund Manager for APPF Retail. MacSporran was Deputy Fund Manager for the past two years and played an integral role in developing the Fund’s Urban Growth Centre strategy. MacSporran has more than 25 years’ experience in real estate and funds management, including being Regional Asset Manager for Lendlease where she was responsible for developing and overseeing the execution of asset strategies.

Peter St Clair has re-joined Lendlease in the newly created role of Head of Retail, Funds Management, which will be responsible for retail funds and mandates. St Clair will also be responsible for looking at new opportunities in the rapidly evolving retail sector. He has more than 27 years’ experience in the property industry, covering all areas of real estate management.

“With our strong capabilities in mixed use and place-making, Lendlease is uniquely placed to identify and execute on retail strategies that will appeal to customers both now and in the future,” said Lendlease’s Managing Director, Funds Management, Scott Mosely.

“The key to achieving success will be our continued leadership in sustainability, ensuring that we leave a positive environmental and social legacy that benefits shoppers, their local communities and the environment.”