This article is from the Australian Property Journal archive
GLOBAL giant HSBC is ramping up its real estate finance business in Australia for local and international investors/developers active in the local market.
HSBC has appointed Daniel McLean as head of real estate finance in Australia.
McLean joins HSBC’s commercial banking business and will be responsible for driving commercial real estate business activity in Australia, linking global and Australian investors and funds to property projects in Australia and abroad.
He will focus on providing strategic financing solutions to market participants including investors and developers active in the Australian and international commercial property sector.
McLean brings extensive Australian and global commercial real estate finance experience to HSBC, having worked in London with Ernst & Young where he was focused on capital raising, M&A, and DCM for real estate funds and companies. He has also held roles at National Australia Bank and Macquarie Bank covering real estate, corporate and institutional banking.
HSBC’s head of commercial banking James Hogan said McLean’s appointment marks an important step in the expansion of HSBC’s commercial property coverage in Australia.
“The commercial real estate sector will play a pivotal role in helping the Australian economy transition toward growth supported by non-mining sectors.
“The Australian commercial real estate market has been internationally-recognised for its strong fundamentals. Looking ahead, the renewed focus on urban infrastructure development across major cities will present new opportunities for our clients from both mature and developing markets to invest in Australian property assets,” Hogan said.
“We believe connecting international investment with Australian property opportunities is key to supporting Australia’s future cities and funding our domestic growth story,” he added.
Australian Property Journal
