LaSalle Investment Management, the global real estate investment manager, has appointed Chris Forbes as head of funds management for Australia.
Based in Sydney, Forbes will lead the management of LaSalle Australia Core Plus Fund and the LaSalle Australia Club Investments Trust, with a focus on strategic oversight to drive fund performance.
“Australia is a key market for LaSalle to scale to core and core plus business and we are delighted to welcome Chris to help drive strategic growth in this area,” said Mark Gabbay, Asia-Pacific co-chief executive officer for the firm. “He brings with him a wealth of Australian fund management experience and, together with existing fund managers Simone Dalley and Will Gray and retail management specialist Matt Luchich, the team will be able to continue to grow this series of fund products.”
Forbes previously worked for Australia-based real estate firm Charter Hall for nine years, where he led the firm’s A$2 billion (€1.37 billion; $1.5 billion) Core Plus Fund.
LaSalle has a team of 30 people in Australia, with offices in Sydney and Brisbane. Globally, it had $53.5 billion of assets under management as of September 30th, 2014.