Mark Kirkland has been appointed managing director of AMP Capital Shopping Centres, replacing current managing director Bryan Hynes effective 1 January 2017.
Mr Kirkland is currently AMP Capital’s head of shopping centre development and a member of the shopping centres leadership team. He has been with the company since 2012, and has 27 years’ project experience in the property sector, 24 of which have been in retail.
Before joining AMP Capital, Mark was regional development manager for Stockland, and has also spent time with Lendlease and GPT.
AMP Capital global head of real estate Carmel Hourigan said Mr Kirkland brought “an impressive skill set to take our shopping centres business to the next phase of growth”.
“Mark has been instrumental in the successful delivery of Pacific Fair and Macquarie Centre and has contributed heavily to the efforts we have undertaken to maximise the value of the existing portfolio and enhance performance for our investors.
“Now that AMP Capital has delivered these successful developments on the east coast and will be turning our attention to developments in Western Australia, it is the right time to refocus the business under new leadership and I am pleased we have such a strong internal candidate in Mark.”
Other changes include Greg Antoniadis replacing Mr Kirkland as head of shopping centre development, and Con Brakatselos, currently AMP Capital Shopping Centres head of investment management and strategy, taking on a refocused role, working closely with Mr Kirkland on strategy, acquisitions, digital and the future focus of retail.
AMP Capital’s real estate research capability, will also be centralised into a single research team to improve the insights provided to clients and business partners. AMP Capital has created a new role – national head of research, real estate – to lead this team, reporting directly to Louise Mason, AMP Capital chief operating officer of real estate.
A further new role of head of strategy and planning will be added to Louise Mason’s leadership team. This role will lead the strategy and business planning cycle, working closely with the AMP Capital Real Estate leadership team and the broader AMP Capital business.
An internal and external search for both roles is underway.