TH Real Estate has appointed formed CBRE portfolio manager Martin Priestley to head up the company's new commercial real estate debt business in Australia.
In his new role, Mr Priestley will oversee real estate debt investment and have responsibility for building a debt investment platform in Australia.
He will be based in Sydney and report to TH Real Estate executive director and head of Australia Nick Evans – along with the company's head of global debt investment Jack Gay.
Mr Priestley joins TH Real Estate from CBRE where he led the debt and structured finance team in the Asia-Pacific region.
Commenting on the appointment, Mr Evans said, "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.
"I am delighted somebody of Martin’s calibre is joining TH Real Estate, and his track record and experience in debt and structured finance speaks for itself. I look forward to working closely with him as we build our debt capability in this important market."
TH Real Estate is an investment affiliate of Nuveen, the investment management arm of US$938 billion pension fund TIAA.
