REAL Asset Management Group has bolstered its Brisbane team with two key appointments.
The new additions coincide with the group’s move into Emirates House on Eagle Street in the Brisbane CBD’s ‘golden triangle’. RAM’s head of real estate, Will Gray, has flagged more hires given the size of the group’s institutional grade portfolio.
Ben Bochow has joined as financial controller. He has more than 11 years’ experience in private equity real estate finance and came to RAM from Curzon Advisers in London, where he was assistant vice president of finance, overseeing the accounting and operations functions for several real estate portfolios.
Doug Rapson has also joined as real estate asset manager. He was most recently with JLL where he was a senior executive in capital markets – retail investments. At JLL, he transacted more than $1.75 billion worth of deals. Prior to this, he was a consultant at property advisory firm Urbis.
The appointments follow RAM’s purchase of the 11th high yield shopping centre it has acquired in less than two years for the RAM Australia Retail Property Fund.
RAM CEO Scott Kelly said both were excellent additions to the real estate team, which was a key business unit for the larger RAM regional wealth and asset management firm.
“With the Australia Retail Property Fund nearing capacity, RAM was looking at opportunities to deploy capital in a number of different real estate sectors on behalf of its growing client base, including residential developments, CBD office buildings, alternate sectors like Health assets and smaller commercial properties where it could add value,” he said.
Australian Property Journal