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AMP Capital today announced the appointment of Brett Williams as fund manager for AMP Capital Diversified Property Fund (ADPF).
Mr Williams brings over 30 years of diverse real estate experience to ADPF, most recently holding the role of Fund Manager for GPT’s Wholesale Shopping Centre Fund where he was responsible for driving the fund’s strategy and investment performance.
After commencing his real estate career with AMP, Mr Williams later joined Lend Lease before taking on the role as Head of Investments where he was responsible for the overall performance of GPT’s $5 billion shopping centre portfolio. Together with this role, he held the position as Deputy Chief Investment officer having previously held senior roles across asset management, valuation, development, acquisitions and investment management. With his retail experience, Mr Williams also sits on the board of the Shopping Centre Council of Australia.
AMP Capital Head of Real Estate Funds Management Chris Judd said this key appointment was made after an extensive search.
“I am very pleased to welcome Brett to the team, whose deep and diverse real estate experience makes him the ideal candidate to drive the fund performance of our $6.3 billion retail, office and industrial portfolio for our clients.
“It’s an exciting time for our real estate business which is reflected in our ability to attract such strong talent. The next few years will be crucial for ADPF as the fund continues its focus on optimising the portfolio to maximise income and capital growth and deliver key developments such as Quay Quarter Tower in Sydney, Garden City Shopping Centre in Perth and Crossroads Logistics Centre in Sydney’s South-West,” Mr Judd said.
Kylie O’Connor will continue to lead ADPF until Mr Williams commences in mid-February 2019 and will work closely with him to ensure a seamless transition. Following this, Ms O’Connor will commence her new role as Chief Operating Officer of AMP Capital’s $28 billion real estate platform, reporting to Global Head of Real Estate, Carmel Hourigan.
While every care has been taken in the preparation of this article, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and AMP Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) makes no representations or warranties as to the accuracy or completeness of any statement in it including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. This article has been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. An investor should, before making any investment decisions, consider the appropriateness of the information in this article, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This article is solely for the use of the party to whom it is provided.