TH Real Estate has expanded its local commercial real estate (CRE) debt team with a new analyst, Nicholas Lin, to support its growth in the Asia-Pacific commercial real estate debt business.
He would be responsible for assisting in the analysis of new debt opportunities and the management of the firm’s existing Asia-Pacific debt portfolio.
Lim has four years of experience across mergers and acquisitions and real estate, and previously worked as a senior analyst within KPMG’s deal advisory division.
The firm also said that Lim’s appointment followed the earlier appointment of Martin Priestley, head of debt, Asia Pacific, which was expected to build TH Real Estate’s debt investment platform in Australia.
“There is now a permanent, attractive and executable investment opportunity for non-bank lenders and debt funds to provide a meaningful share of future commercial real estate debt finance in Australia,” Priestley said.
“We have seen more than A$2 billion of lending opportunities in commercial real estate in the first half of 2018 alone and we expect this interest to continue.”
TH Real Estate is a global real estate investment manager with around US$114 billion in assets under management globally.