Oyster Boosts Retail Asset Management Team

Oyster Boosts Retail Asset Management Team

Leading New Zealand commercial property company, Oyster Group has started 2016 strongly with its specialist retail team advanced by the appointment of a new Retail Asset Manager, Graeme Gunthorp.

Graeme joins Oyster having spent eight years as a corporate asset manager in London, where he managed extensive portfolios and executed a range of strategic transactions for major clients such as GlaxoSmithKline, Virgin Media, Citigroup and GE, in markets covering Europe, the Middle East and Africa. He played an integral role in clients’ corporate real estate teams, responsible for managing significant operational assets.

Most recently, Graeme led CBRE’s Western Australian Structured Transactions team where he worked for a variety of clients including government, institutional and private, on projects including greenfield leisure development, urban redevelopment, as well as a portfolio strategy.

At Oyster, Graeme will be focussed on managing key client retail assets - primarily shopping centres - recommending and implementing strategy for the assets and portfolios, and identifying opportunities. He brings extensive experience in financial analysis and modelling, including scenario planning and contingency analysis, as well as development of opex and capex strategies and refinement of existing transaction processes and procedures.

Oyster’s CEO, Mark Schiele, says Graeme is an outstanding addition to the Oyster retail team. “His asset management experience and international real estate knowledge will be a great resource for our clients and ourselves.”

Oyster is a specialist property and fund manager with $NZ800 million of property assets under management through a combination of public and private property syndicates and funds, and institutional property management mandates.

ENDS

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