Peter Mitchell

Opportunity the investment conundrum

Alastair Walker Backgroundv2-editedWhile Australia’s property market remains a safe haven, limited stock is a significant obstacle for overseas investors, says Napier & Blakeley’s managing director Alastair Walker.

“There is still a substantial amount of investment funds under management looking for a home – and the volatility in other markets serves as a reminder that Australia remains a safe haven,” says Walker (pictured), who oversees the independent property, development and sustainability consultancy.

The latest investment intentions survey from the Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV) reports around AU$82.4 billion is expected to be poured into property in 2016, with the top three investment destinations in the regions of Tokyo, Sydney and Melbourne. Continue reading

Mitchell appointed Napier & Blakeley International Chairman

Peter_Mitchell - reducedHIGHLY regarded property executive Peter Mitchell has been appointed non-executive chairman of Napier & Blakeley International.

Napier & Blakeley managing director Alastair Walker said the appointment is part of the group’s continued expansion into Asia.

“Peter brings to N&B a huge array of skills and contacts and as a lawyer has worked in due diligence throughout Asia in the past. His understanding of the Asian property market is second to none.

“He also has extensive networks in all major Asian economies and a deep understanding of their cultures and business practices,” he added.

Walker said Napier & Blakeley has worked for Singaporean clients for over two decades and have actively been involved in the region for almost 10 years.

“We have provided technical due diligence for around 75% of all international property investors coming into Australia, and formalising Peter’s involvement via his chairmanship will strengthen the links to these and other international investors and facilitate the development of greater capability to provide TDD services to them, as well as outbound Australian clients within Asia itself, pushing to Europe,” Walker continued.

Mitchell was most recently CEO of APREA in Singapore, having developed the association from a small 40-member body to almost 200 members globally. Continue reading