Real Estate

AMP Capital appoints new NZ property fund manager

By AMP Capital media team

Not for release or distribution in the US.

AMP Capital today announced Nick Cobham as Portfolio Manager of the AMP Capital Property New Zealand portfolio.

Mr Cobham will be responsible for delivering the strategy, growth and investment performance of the portfolio, which includes a diversified portfolio of office, industrial, retail and development properties with a value in excess of NZ$1 billion.

AMP Capital Head of Property Funds Management Chris Judd said Mr Cobham will commence his new role in late November.

Mr Judd said he was delighted to welcome such a respected property professional to the AMP Capital Property business, which is experiencing significant global growth.

“Nick is a highly experienced fund manager, who has worked in property and property funds management for more than 20 years,” Mr Judd said.

“A respected industry leader, Nick is a very capable and innovative portfolio manager with a track record of delivering compelling investment opportunities and consistent investment returns over the long term.”

Mr Cobham has been Joint General Manager of listed specialised industrial property investment company Property for Industry Limited for the last four years. Previous roles have included Development Manager for McDougall Reidy & Co Ltd and Auckland Manager for Capital Properties New Zealand Limited, which was taken over by AMP Capital in 2006 and many of the assets transferred to the AMP Capital Property Portfolio.

Mr Cobham joins another recent senior hire with Jonathan Armstrong appointed as Divisional Asset Manager – Retail in the expanding NZ property team.

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Important notes

This article has been prepared to provide general information and does not constitute 'financial advice' for the purposes of the Financial Advisors Act 2008 (Act). An individual investor should, before making any investment decisions, consider the information available in the relevant Product Disclosure Statement and seek professional advice. While every care has been taken in the preparation of this document, AMP Capital Investors (New Zealand) Limited and the AMP Group (together, 'AMP') make no guarantee that the information supplied is accurate, complete or timely and do not make any warranties or representations in respect of results gained from its use. The information is not intended to infer that current or past returns are indicative of future returns. The views expressed are those of the author and do not necessarily reflect those of AMP. These views are subject to change depending on market conditions and other factors.

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