MELBOURNE, AUSTRALIA – 14 MARCH 2019 – MaxCap Group, Australia’s leading commercial real estate (CRE) investment specialist, today announced the appointment of Simon Hulett to the position of Director of Real Estate Investment.
Simon will be primarily responsible for the development and execution of MaxCap’s direct investment strategy nationally and originate opportunities across all asset classes including office, industrial, retail and residential. His appointment reinforces our commitment to partner with developers across the capital stack and where appropriate provide equity capital.
Simon has more than 13 years of acquisition and real estate development experience. Most recently, he spent over seven years as Development Director at Charter Hall based in Sydney and Perth where he originated and managed all aspects of development for some of their large marquee projects spanning a range of property sectors. Prior to this, Simon worked for Saracen Properties as a Development Manager in Perth and Melbourne primarily focused on commercial and retail construction projects.
Simon will be based in Sydney initially and report to Brae Sokolski, Chief Investment Officer. He starts in his new role on 9 April 2019.
“We are delighted to continue to attract the highest calibre talent to MaxCap. Simon has a successful acquisition and development track record in the NSW, VIC, QLD and WA markets. His skills and direct investment experience complement our business perfectly.” said Brae Sokolski.
“We remain focused on being the pre-eminent institutional manager of real estate debt, however we see a very clear opportunity to support our blue-chip clients on an equity investment basis where strong risk-adjusted returns can be realised.”
MaxCap’s team and geographic reach has grown exponentially over the past 12 months. Simon’s appointment follows the recent appointment of Ben Jones as Investment Director, Western Australia and Michael Nitschke as Investment Director, Queensland, giving MaxCap a truly national footprint.