This article is from the Australian Property Journal archive
MARC Giuffrida has been appointed as head of capital and business development of Fortius, as the investment management group experiences a surge in demand.
The private investment management group, which specialises in real estate and private debt, has appointed Giuffrida to head up capital raising efforts and to develop new strategic partnerships with investors.
“We’re very pleased Marc has joined the Fortius Group. We have known Marc for many years and have appreciated his wealth of experience and proven track record, particularly in engaging offshore capital, this will help support and drive the next phase of growth for the group,” said Sam Sproats, CEO of Fortius.
Giuffrida has 25 years of experience in the industry across both Asia and Australia, recently working head of international capital for CBRE’s Capital Markets Group. Giuffrida was responsible for advising on cross-border real estate investments into the Pacific region.
“As a firm we also pride ourselves on creating strong relationships with our clients. So as well as the skills and expertise, personality and culture fit is just as important to us, which is another reason why we are delighted to welcome Marc to the team,” added Sproats.
At CBRE, Giuffrida was instrumental to over $6 billion in real estate transactions, $3 billion of which was offshore capital. Before CBRE, Giuffrida worked as the managing director of capital transactions Asia at Knight Frank.
“I’ve watched Ray and Sam establish Fortius as the benchmark for successful real estate
investing – they stayed disciplined, found opportunity overlooked by others and delivered for investors. Their experience in solving complex situations through the GFC and recent pandemic has further strengthened their place in the market. I couldn’t pass up the chance to be part of the next chapter of growth,” said Giuffrida.
Despite the impacts of COVID-19, Fortius transacted in over $550 million in debt and real estate over the last 12 months.