Office & Industrial

AMP Capital strengthens industrial property team with lead appointment

By AMP Capital media team

AMP Capital has further strengthened its Office and Industrial capability, with the appointment of Andrew Quade as Head of Industrial, Asset Management. This follows the appointment of Luke Briscoe as Managing Director Office & Industrial earlier this year.

Responsible for leading the Industrial Property Asset and Development Management team at AMP Capital, Mr Quade will drive the vision for continued growth of the platform and returning strong investment performance for clients.

Transferring from AMP Capital’s development team, Mr Quade has more than 20 years’ experience in valuation, asset management, development and acquisitions. Prior to his time at AMP Capital, Andrew held positions at Lend Lease and GPT. Mr Quade has worked on and led major projects such as Fox Studios, Darling Park Tower 3, as well as 3 & 5 Murray Rose Avenue, Sydney Olympic Park.

AMP Capital Managing Director of Office and Industrial Property Luke Briscoe said Mr Quade’s appointment reflects AMP Capital’s commitment to invest in the development of its people and its industrial capability as clients increasingly look for exposure to industrial property.

“Along with providing strong leadership across our national portfolio, Andrew’s appointment will ensure AMP Capital can capitalise on the growing demand and interest in both our existing assets and development pipeline,” Mr Briscoe said.

“Interest in the Western Sydney market during the last 12 to 18 months has increased significantly, driven by an outperforming New South Wales economy, the migration of logistics businesses from the South Sydney market and the significant investment in infrastructure in the area enabling accessibility.

“Andrew has a broad and deep knowledge of the industrial sector, both within the industry and in asset management. I am pleased to appoint him to my leadership group, overseeing a talented team.

“In his short time at AMP Capital, Andrew has proven himself to be a capable development manager and leader, and I look forward to working with him to further deliver investment performance for our clients and strong relationships with our stakeholders.”

Mr Quade has already commenced his new role.

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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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