CB Richard Ellis is responding to demand for the retirement and healthcare sector by recruiting Phil Smith.
Smith has 15 years of real estate and finance experience in Australia and the UK, including high level roles as head of real estate finance in the UK and Ireland for Norddeutsche Landesbank and as the joint managing partner of St Andrews Healthcare Pty Ltd.
Smith will assume the role of senior director – Retirement Housing & HealthCare Transactions.
CBRE Australia & NZ president Tom Southern said demand in retirement housing and healthcare market is increasingly from major institutional investors.
“The move towards establishing broader transaction capabilities in this area follows the success of our Retirement Housing & Healthcare Valuations team which has established itself as the market leader in the Pacific region.
“Phil has extensive expertise in this area including experience in structuring deals and establishing joint ventures for healthcare related assets and businesses. His experience and broad contact base will add considerable strength to our national Retirement Housing & Healthcare platform,” he concluded.
Australian Property Journal
