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Invesco Real Estate expands into Australia

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Invesco has added global real estate to its Australian operations.

Investment manager Invesco is expanding its global real estate business into Australia and has appointed Ian Schilling as director and head of Australian real estate.

Schilling, who will be based in Sydney, has managed more than $6 billion of real estate funds and more than $3 billion of transactions in both direct and listed real estate.

He has worked for Investa Property Group, where he was funds management and operations group executive, and Allco Finance Group, where he was chief executive of the Record Realty Trust and Japan real estate executive director.

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"Ian will be responsible for identifying investment opportunities and managing all Invesco direct real estate investments across Australia. Ian will also assist in our capital raising and client relationships activities in Australia at the senior institutional level," Invesco Australia chief executive Mick O'Brien said.

"Ian's appointment rounds out the investment capabilities we offer in Australia and will strengthen our client relationships."