ISPT has appointed Tom Waters to the new position of head of development – commercial, industrial, retail & mixed use within its investment and development team.
Waters has over 20 years of expertise in the property industry from both a construction and development perspective. He joins ISPT after eight years at Mirvac where he was most recently the NSW commercial development director. Previous to this he held a variety of construction and delivery roles at Lendlease, where he was for 14 years.
Waters extensive experience across multiple sectors and regions, including large-scale projects Barangaroo in Sydney, 55 Pitt Street Sydney, Queensland Gallery of Modern Art in Brisbane and Top Ryde Shopping Centre in New South Wales.
“Tom has a wealth of experience delivering complex, city-defining development projects. We are proud to welcome Tom to ISPT to lead our development pipeline, as we unlock embedded value within our portfolio, and pursue high-conviction sector opportunities to deliver investor returns,” said ISPT’s chief investment and development officer Will Walker.
Waters’s appointment comes after a period of restructuring at the industry super fund-backed investor, and the announcement in June of a number of senior appointments, reshaping its executive leadership team.