Powered by MOMENTUM MEDIA
subscribe to our newsletter

AMP Capital positions real estate business for growth

AMP Capital has made a number of changes to its retail real estate business leadership, particularly its shopping centres, which generate more than $7.9 billion in annual sales.

As part of the changes, managing director Bryan Hynes has announced he will step down from his role.

Effective 1 January 2017, Mark Kirkland, currently AMP Capital’s head of shopping centre development, has been appointed director of the company’s shopping centres.

AMP Capital global head of real estate Carmel Hourigan commented: “With 27 years of major project experience in the property sector, 24 years of which have been focused on retail, Mark brings an impressive skill set to take our shopping centres business to the next phase of growth.”

“I would like to acknowledge Bryan’s significant contribution to our business, most recently leading the team in the delivery of award-winning developments at Pacific Fair and Macquarie Shopping Centres,” she added.

Advertisement
Advertisement

Ms Hourigan explained that AMP Capital now intends to turn its attention to developments in Western Australia and refocus the business under new leadership.

Further, Greg Antoniadis will replace Mark Kirkland as head of shopping centre development, to help AMP Capital’s “strategic focus” on increasing mixed-use across its real estate business.

Con Brakatselos, currently AMP Capital shopping centres head of investment management and strategy, will take on a refocused role, and will work closely with Mr Kirkland on strategy, acquisitions, digital and the future focus of the retail business.

These three new leadership appointments are all effective from 1 January 2017.

[Related: AMP changes leadership team]

PROMOTED CONTENT


AMP Capital positions real estate business for growth
mortgagebusiness

Latest News

The IMF has urged Australia to consider reforms around housing supply and lending standards, citing apprehension around the upsurge in prope...

Treasurer Josh Frydenberg has backed the net-zero emissions by 2050 target, warning failure to comply will hurt banks’ access to capital a...

The regulator is set to release information setting out how it would use macroprudential policy tools, after expressing concerns around the ...

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

How long do you think it should take to discharge a mortgage?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.