Internos Real Investors has added veteran real estate investor Mark Burton to its investment committee as an external member.
Burton, who has served as chief investment officer for both the Abu Dhabi Investment Authority and the Abu Dhabi Investment Council for the last ten years, joins the London-based real estate fund manager as its fourth external investment committee member.
“[Mark] has invested all around the world, he knows all the managers, therefore knows the performance of those managers and we’re delighted to have him,” Internos co-founder Jos Short said in an interview. “We’re beginning to invest again on behalf of our funds and our clients, so the investment committee will be busy evaluating deals,” he added.
Burton has worked in real estate for more than 40 years, 25 years of which he spent in the US, 17 years in Europe and 12 years in Japan and wider Asia. He has worked in a number of real estate fields including brokering and lending as well as investment and fund management, according to the programme notes of a recent real estate conference.
A chartered surveyor and banker during his career, Burton joined ADIC in 2007 as it was being set up, after having served as ADIA’s chief investment officer in its Real Estate Department since 2001. Prior to those roles he worked at AIG Global Real Estate Investment (Europe) and at AXA Investment Managers, which he joined in 1999 after having served at the United Bank of Kuwait since 1982. Burton started working at London-based Cluttons in 1967.
Internos Real Investors was founded in 2008 by Short and partner Andrew Thornton to target real estate opportunities in Europe and has €1.5 billion of assets under management. In December, the company won the auction to buy GPT Halverton, the European property fund management arm of Australian REIT, The GPT Group.