INVESTMENT manager Nuveen Real Estate has now made five appointments to its European and Asia Pacific housing teams to support its existing housing investments and target the growing investor demand for residential assets.
Ben Taylor has been appointed as director of Asia Pacific housing, based in Sydney, to build on Nuveen’s existing housing strategy in Australia and support the exploration of new opportunities in the region.
Naofumi Une has joined the existing housing team in Japan as transactions manager, with the brief to build on Nuveen’s Tokyo multifamily partnership under Shu Watanabe who is responsible for Nuveen’s housing strategy in Japan.
Meanwhile, housing specialists Limor Shklaz, who has joined as a director from Invesco and will be focusing on investment and design, and Alisha Chauhan who has joined from Greystar as a director focusing on asset management, will both be based in London.
Bill Bateman joined Nuveen as head of European housing at the end of 2020 to oversee the existing portfolio and expand the firm’s residential footprint by sourcing and implementing new strategies. He was previously at Round Hill Capital, a pan-European residential specialist investor and operator, where he spent the last five years as a managing director responsible for housing strategies and strategic initiatives.
Nuveen Real Estate currently has circa US$22 billion of housing assets under management globally and is looking to further increase its exposure in Europe and Asia Pacific over the coming years.
In the past 12 months Nuveen Real Estate has entered the Spanish build-to-rent market, as well as increasing its footprint in Japanese multi-family housing.
“It is an incredibly exciting time for the housing sector with strong structural tailwinds supporting increased demand for housing, whilst technology and changing consumer preferences spark innovation in how that demand can be fulfilled by the sector,” Austin Mitchell, international head of housing said.
