Nuveen Real Estate has announced the appointment of Steven Lim as senior director, debt strategies in Australia, further expanding the firm’s Asia Pacific commercial real estate debt business.
Based in Sydney, Lim will work across the Asia Pacific commercial real estate debt platform, with a focus on transactional execution, third-party relations, loan management and portfolio reporting.
Lim has more than 18 years’ experience in real estate investing, funds management and financial reporting. Prior to joining Nuveen Real Estate, Lim was with CBRE in the Capital Advisors team, raising both debt and equity capital from local and global capital sources.
He also has held senior positions at Macquarie Bank, Ernst & Young and Whitehelm Capital, which is a subsidiary of Challenger Ltd.
Lim’s appointment expands the Sydney-based debt team led by Martin Priestley. Priestley said the firm was seeing increased activity from local institutional investors in