REAL ESTATE INVESTMENT TRUSTS & FUNDS

Charter Hall recruitment coup

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CHARTER Hall has bolstered its leadership team by appointing AMP Capital global head of real estate Carmel Hourigan as the new office CEO.

Hourigan will succeed Adrian Taylor who will leave the company to pursue other opportunities and she will join the Charter Hall executive committee. In her previous role with AMP Capital, Hourigan was responsible for leading the $29 billion property investment and management business.

Hourigan brings more than 28 years’ experience and held senior roles at GPT Group, Lend Lease and Colonial First State. She is a current board director of the Property Council of Australia; serves as Special Advisor to the Property Male Champions of Change group; and is a Fellow of the Australian Property Institute.

CEO David Harrison said Hourigan will help drive growth in the group.

“The diverse sector experience and leadership roles Carmel has played will be invaluable in supporting the growth of Charter Hall, as we continue to strive for outperformance and excellence on behalf of investors and shareholders,” he said.

Harrison also thanked Taylor for his contributions over the past 10 years. He joined Charter Hall with the acquisition of the Macquarie Real Estate Platform in 2010, overseeing the growth in office funds under management rise to $19 billion or 1.6 million sqm.

“I would like to thank Adrian for his leadership, insights and contributions over the past ten years and wish him well for his future endeavours,” Harrison said.

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