Quanta Investment Funds, an Australian property investment group recognised for its people-first approach to delivering enhanced returns from its property trusts, has appointed Chris Carrigan as its new Head of Property Investments.
Carrigan brings more than 20 years’ experience in acquisitions, investment management and leasing, having held senior management positions with large institutional and corporate real estate investors including QIC and Mulpha Australia. As responsible executive for portfolios greater than $2.5bn throughout his career and a key driver of growth in these portfolios, Carrigan demonstrates a strong track record of originating and completing numerous acquisitions across several real estate sectors and markets.
At Quanta, Carrigan will focus on sourcing investment opportunities that provide investors with superior risk-adjusted returns, reliable cash flows and long-term growth in line with Quanta’s growth strategy.
Carrigan said he is eager to bring a new perspective and creative thinking to the Quanta team as part of a broad multi-sector, multi-market approach to investment opportunities, a rigorous review and assessment process to verify suitability, and a strong, long-term relationships focus with industry and investors.
“Quanta has the team, processes and infrastructure in place for tremendous growth for its business and investors. It is very exciting to be able to play a role in achieving that growth and to build the Quanta property portfolio with high performing assets for our investors.” Carrigan said.
Recently going through a re-brand, Quanta previously formed part of a group of companies recognised as one of Australia’s leading property investment groups, providing funds management services for more than a decade. Quanta’s investment portfolio comprises 30 assets across Australia including office, retail, industrial, health and development sites, and is currently valued at $662 million.
Quanta Chief Executive Officer Stacey Jones said the appointment will open up new opportunities for the company’s investors and it couldn’t be more timely as the company seeks out new acquisitions as part of its growth strategy.
“Chris’ experience in investment management, asset management, asset development and acquisitions is a welcomed addition to our already-strong Quanta team,”
“With a focus on property investment, our team of property experts is highly experienced and regarded within the industry, actively managing assets to produce great returns, to help communities and individuals grow into the future,” said Jones.
As part of the company’s growth strategy, Quanta has recently reached an agreement for the acquisition of a fully leased convenience retail asset in Brisbane’s western growth corridor. This opportunity is now open for investment within the Quanta Multi-Sector Income Trust.
The Trust currently consists of three medical clinics located in the Mackay region in Queensland.
