Invesco has added Australia to its global real estate rollcall, appointing Ian Schilling as director and head of the new team in Sydney.
Schilling brings two decades of experience to the position and has managed over $6 billion of real estate funds and $3 billion in direct and listed real estate transactions.
He will be responsible for Invesco's Australian direct real estate portfolio and institutional clients, sourcing new opportunities and assisting with capital raising.
Chief executive of Invesco Australia Mick O'Brien said Schilling's appointment would strengthen its client relationships and round out the firm's investment capabilities.
Managing director of Invesco Asia real estate Soon Lau said Schilling's appointment would bolster the company's global real estate presence.
"Ian's proven track record in Australian property investment management, deal creation and negotiation at the senior level will allow us to harness the opportunities arising in the Australian property market," he said.
Schilling has a Bachelor of commerce from the University of Melbourne, Bachelor of business in property from RMIT and a Graduate Diploma in applied finance and investment from the Financial Services Institute of Australia.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.