CHARLESTON, S.C.--(BUSINESS WIRE)--Greystar Real Estate Partners (“Greystar”) and Macquarie Capital (“Macquarie Capital”) (ASX:MQG; ADR:MQBKY), are pleased to announce the appointment of Charles Ma and Chris Key as Managing Directors within their new Asia-Pacific rental housing platform (“Greystar Asia-Pac”). Mr. Ma will serve as Managing Director of Greater China and Mr. Key will serve as Managing Director of Australia.
“We’re excited to have Charles and Chris join our team as we expand our rental housing expertise and platform into China and Australia,” said Bob Faith, Founder and CEO of Greystar. “Charles and Chris bring a wealth of experience across a range of disciplines, which combined with their knowledge of their respective markets, will be valuable to the growth of our business in the region.”
Mr. Ma, an industry veteran with expertise in real estate development and management consulting, most recently worked as Managing Director and Head of Strategic Investments and Business Development for Vanke China.
Mr. Key has over 16 years’ experience in real estate funds management, investment banking and corporate advisory having held senior positions at Macquarie Capital, Goldman Sachs, AMP and most recently as Head of Corporate Finance, Asia Pacific at JLL.
“Since announcing our expansion into the region we have been pleased with the reception we have received from the investment community, and with the resulting pipeline of opportunities that have begun to take shape,” said Wes Fuller, Executive Managing Director of Greystar’s Investment Management business. “Having Charles and Chris onboard will help us continue to develop this pipeline and grow our platform to realize the potential we see in China and Australia.”
Greystar Asia-Pac plans to raise institutional capital to acquire, develop, reposition and manage rental residential assets across the region with an initial focus on Shanghai, Beijing, Sydney and Melbourne.
About Greystar Real Estate Partners
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development and property management of rental housing properties globally. Headquartered in Charleston, South Carolina with offices throughout the United States, Europe, and Latin America, Greystar is the largest operator of apartments in the United States, managing over 400,000 units in over 150 markets globally. Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors with nearly $16 billion in gross assets under management including more than $7 billion of developments that have been sold or are underway. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world class service in the rental housing real estate business. To learn more about Greystar, visit www.greystar.com
Macquarie is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie operates in 27 countries, employs more than 13,800 people and has assets under management totaling US$377 billion as of 30 September 2016.
Macquarie Capital includes Macquarie's corporate advisory, capital markets and principal investing capabilities, with expertise spanning a variety of industry sectors including telecommunications, media, entertainment, gaming, financial institutions, industrials, energy, resources, real estate, infrastructure, utilities and renewables. The real estate team comprises over 70 executives globally and has raised in excess of US$58 billion of equity for a large number of real estate ventures. Macquarie Capital combines its deep real estate expertise with capital and has invested in a number of real estate operating companies supporting these groups to expand their platforms.
To learn more about Macquarie, visit www.macquarie.com.