UBS hires Asia real estate head

The real estate arm of the Swiss bank has hired Trevor Cooke to head its global real estate team for the Asia-Pacific region.

UBS Global Asset Management, the real estate investment arm of the Swiss financial services giant, has appointed Trevor Cooke to be its new head of global real estate for Asia-Pacific, according to a firm statement.

Cooke will assume the newly-created post on May 27 and will be based in Sydney. He will report to UBS’ newly appointed head of global real estate, Thomas Wels, who assumed his role in November. Cooke could not be reached for further comment by press time.

Cooke joins UBS from Queensland Investment Corporation (QIC), an Australian institutional investor with $75 billion in assets under management. At QIC, Cooke was a managing director for strategy and international business development.

According to the firm, Cooke was at QIC since 2012. Before that, he spent four years at AMP Capital and eight years at the Property Council of Australia. In all, he brings 13 years of real estate asset management and international business development to UBS, according to the statement.

“Trevor’s extensive knowledge and management experience with institutional clients – in more developed as well as developing markets in Asia – will be key as we look to build on our successful joint ventures and our existing hubs in the region,” Kai Sotorp, head of Asia-Pacific for UBS, said in the statement.

UBS Global Asset Management, with CHF588 billion (€481 billion; $634 billion) in assets under management, has operations in eight Asian countries.