Posted By Gbaf News
Posted on July 25, 2018
PwC has appointed Natalie Breen to establish a dedicated team, based in London, to help Asia Pacific-based clients with inbound investment into UK and European real estate, and outbound UK and European real estate investment into Asia Pacific.
The team will support existing and new clients as they expand into the UK and Europe by providing cross-border transaction support across a range of services.
PwC has a proven track record in helping Asia Pacific clients enter new markets including Australian and other Asian markets, so a focus on assisting these clients with their UK and European investments is a natural next step for the firm.
Natalie has spent almost 15 years working in the Asia Pacific region, most recently with PwC, helping clients invest offshore into commercial real estate in other parts of Asia, North America, Australia and the UK and Europe. She will be relocating to London as part of an initiative to provide on-the-ground support to PwC’s Asia Pacific clients as they look to transact in these markets.
Natalie Breen, real estate partner at PwC, commented:
“Asian investors are increasingly focused on real estate investment into the UK and Europe, and are looking to expand their coverage in these markets. Similarly, European investors are also investing into core Asia Pacific markets such as Singapore, Tokyo, Hong Kong and Australia. Many of these investors are looking to achieve scale and access to local expertise through portfolio transactions and platform acquisitions. We are well placed to offer our clients a range of real estate advisory services including tax, financial due diligence, legal and corporate finance to help them succeed.”
Sandra Dowling, PwC’s UK head of real estate, commented:
“We’re excited to be able to offer our clients a dedicated Asia Pacific Real Estate desk to assist them in accessing our full breadth of real estate expertise as they look to invest in these markets. The significant growth in capital outflows from Asian investors is also good news for the UK market, with London in particular still being a major destination for Asian investors despite political uncertainty such as Brexit.”