GLOBAL property consultancy Knight Frank is expanding in retail sales with their appointment of Chris Maher as partner and national head of retail investments.
The appointment signals Knight Frank’s intention to expand their capital markets team by establishing a powerful presence in the retail sales sector. Maher, has more than 20 years’ experience in the property industry, transacting and structuring over $5 billion in real estate for local private investors, A-REIT and global investment managers such as Challenger, Pembroke and Nuveen.
Maher said retail remains one of the most exciting sectors in real estate and he’s ready to lead this new venture for Knight Frank.
“Retail is a key pillar of the investable real estate universe,” he said.
“It has and always will adapt and evolve to meet the market, and smart investors will capitalise on this.
“I’m thrilled to be joining Knight Frank to head up the retail sales team as we embark on an exciting growth phase in the business.”
“I look forward to working with the capital markets team to build on their market-leading results,” he added.
Some of Chris Maher’s previous experience displays the industriousness of Knight Frank’s newest member. Maher held senior positions at Colliers as director of retail investment services and director of capital transactions at top five global investment manager Nuveen. He also worked for one of Australia’s leading retail platforms, Vicinity Centres.
Knight Frank partner and national head of capital markets Justin Bond is pleased with Maher’s appointment and Knight Frank’s direction into the retail sector.
“Even amidst changing market conditions, retail assets remain in favour due to stronger income returns and underlying momentum from buoyant retail sales,” he said.
“Chris brings a wealth of experience to Knight Frank having managed, acquired and disposed of ground-up development projects through to core real estate acquisitions.”
“He will spearhead a market-leading platform at Knight Frank that will provide clients with genuine real estate advice as the investable landscape continues to morph, requiring quick adaptation,” Bond added.