Tom Lee Joins KKR Serious Estate Workforce in Sydney | Organization & Finance
SYDNEY–(Enterprise WIRE)–Mar 21, 2021–
World-wide expenditure agency KKR these days announced the appointment of Tom Lee as Managing Director and Head of Australia and New Zealand True Estate, effective May 3, 2021. In the part Mr. Lee will be responsible for KKR’s genuine estate platform throughout Australia and New Zealand, and will engage in a critical management purpose in expanding KKR’s genuine estate approaches across the Asia region. He will also join the KKR Asia Authentic Estate Investment Committee.
“Tom’s proven true estate observe report and worldwide business working experience make him the excellent fit to guide our Australia and New Zealand serious estate group. Tom has a distinctive skillset as an trader, operator and platform builder,” claimed John Pattar, Head of Asia Pacific Actual Estate at KKR. “The latest close of our Asia Serious Estate Fund substantially expands KKR’s place as a major choice capital company across asset courses, and we on top of that glimpse forward to operating with Tom to also build a pan-Asian main and core-furthermore authentic estate strategy to meet up with the desire for significant-high-quality authentic estate in the course of the area.”
“We are thrilled to have an investment specialist of Tom’s caliber be a part of our Australia staff,” explained Scott Bookmyer, Head of KKR Australia. “Australia and New Zealand’s authentic estate markets are currently being reshaped and modernized. Tom’s addition to our senior team opens up new and interesting approaches for KKR to participate constructively in this evolution.”
Mr. Lee was most just lately CEO of LOGOS, a logistics genuine estate financial investment manager with operations throughout Asia Pacific. Prior to that, Mr. Lee held senior roles at BlackRock, MGPA and Lendlease in Asia, Europe, US and Australia.
“KKR is just one of the most highly regarded actual estate investors in the planet and the adaptable tactic as a solution company enhances our job as a companion of choice inside of real estate and the broader corporate sector,” claimed Mr. Lee. “I appear forward to working together with John, Scott and the firm’s proficient investment experts as we have out KKR’s strategy in Australia, New Zealand and throughout Asia Pacific.”
KKR’s Asia Pacific authentic estate platform invests in property and platforms, using fairness and debt in both of those rising and designed markets. KKR has deployed additional than US$1.5 billion (A$2 billion) of fairness in Asia Pacific across about 20 real estate transactions because 2011, including investments in combined use, commercial, industrial, hotel, office environment and retail homes.
Australia is a vital component of both equally KKR’s real estate and Asia Pacific financial investment tactics. KKR has been investing in the Australian current market since 2006, and considering that then, has invested or dedicated far more than US$7 billion (A$9 billion) of equity into superior-caliber providers across asset courses together with actual estate, private equity and credit. KKR has invested in close to 10 serious estate property in Australia and New Zealand because 2014. In the markets, the Agency seems for opportunities to reposition and revitalize industrial belongings, in addition to investing in blended-use and lodging properties in internal metropolitan areas.
Mr. Lee’s appointment is the latest addition to KKR’s Australia crew throughout small business tactics. Current senior appointments include things like Ben Hall as Handling Director and Head of Credit, Nicholas Hyde as Running Director of the Shopper & Lover Team, Michael Robson as Handling Director of KKR Capstone, and Andrew Jennings as Director of KKR’s Infrastructure business in the sector.
KKR is a leading international financial investment agency that delivers different asset administration and money markets and insurance plan answers. KKR aims to generate eye-catching investment decision returns by adhering to a client and disciplined financial commitment tactic, utilizing earth-class men and women, and supporting progress in its portfolio businesses and communities. KKR sponsors financial investment funds that invest in private equity, credit rating and authentic belongings and has strategic companions that control hedge funds. KKR’s insurance policies subsidiaries offer retirement, life and reinsurance items below the management of The World wide Atlantic Monetary Group. References to KKR’s investments may possibly consist of the pursuits of its sponsored cash and insurance policies subsidiaries. For extra facts about KKR & Co. Inc. (NYSE: KKR), be sure to take a look at KKR’s website at www.kkr.com and on Twitter @KKR—Co.
Anita Davis, +852 3602-7335
Citadel Magnus (For KKR Australia)
James Potent, +61 448 881 174
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Copyright Enterprise Wire 2021.
PUB: 03/21/2021 09:09 PM/DISC: 03/21/2021 09:09 PM
Copyright Enterprise Wire 2021.