TH Real Estate appoints Rick Marston to key role

Global real estate investment manager TH Real Estate has appointed Rick Marston as head of asset management in Australia.

Marston will be responsible for asset management strategies and extracting value from real estate investments that TH Real Estate acquires on behalf of its Australian funds and private account clients.

He brings over 15 years’ experience working in senior positions across the real estate sector, including roles at Grosvenor Estates in London, Dexus and AMP Capital in Sydney, and most recently as associate director at Invesco Asset Management.

TH Real Estate, an affiliate of Nuveen, the investment manager of TIAA, is one of the largest real estate investment managers in the world with circa US$114 billion in assets under management globally.

In Australia, TH Real Estate’s core holdings include a half stake in 101 Miller Street and the Greenwood Plaza in North Sydney, as well as investments in Myer Bourke Street in Melbourne, and a 75% interest in Mount Ommaney Shopping Centre in Brisbane.