Babcock & Brown has appointed Eric Lucas, the current managing director of Babcock & Brown Japan Property Management to the role of global head of real estate.
Lucas will assume the role with Michael Maxwell who is stepping down from the role.
“I regret having to step down from my position, but as a result of certain health requirements, I feel it is better that I reduce the intensity of my role at this stage. I am pleased that I will continue to be involved with the Babcock & Brown Group, including my role as Chairman of the recently listed Babcock & Brown Residential Land Partners and as a member of the management board of the GPT/ Babcock & Brown real estate joint venture,” Maxwell said.
By Adam Parsons
