COMMERCIAL real estate financier and investment manager, MaxCap New Zealand has appointed Nick Bullick as chief investment officer, New Zealand.
Bullick has more than 18 years of experience, joining from Qualitas in Sydney, where he led their listed and unlisted senior debt strategies for the past five years. Prior to this he held a range of real estate roles with Bankwest and Balmain Corporation in Sydney as well as Royal Bank of Scotland in London.
Bullick will lead all facets of the MaxCap New Zealand business and have a focus on delivering an aggressive growth agenda.
“Nick is an industry-leading executive with a proven track record, strong finance acumen and powerful network,” said Brae Sokolski, MaxCap executive director and founder.
“As the economy tightens up, and access to capital from the mainstream banks with it (which is already occurring), we expect increased demand for capital into the New Zealand commercial real estate market. We will be strongly focused on quality”.”
MaxCap New Zealand is a joint venture established between MaxCap Group, Australia (50%), Bayleys Real Estate Group (25%) and Forsyth Barr (25%). Since its inception, MaxCap provided capital to fund projects in Auckland, Hamilton, Wellington and Christchurch. More recently, MaxCap and Winton announced the establishment of a NZ$200 million equity investment vehicle that will focus on the acquisition and construction of townhouse and apartment developments throughout metropolitan centres.
