Real estate practice recruits new leader

Real estate practice recruits new leader | Insurance Business

Real estate practice recruits new leader
Lockton’s Real Estate and Construction team (REAC) has bolstered its managerial lines in Australia with the appointment of Stephen Cooper as national manager for REAC Australia.

Cooper will be responsible for driving growth and development in Australia and across Asia-Pacific as Lockton looks to capitalise on a robust commercial and residential property sector.

Richard Owen, partner and LLP board member in London called Cooper’s appointment “an exciting development for our business,” and believes Cooper’s experience will see the company boost its existing presence in the country and region.

“Stephen has a first-class track record in the industry and deep expertise in the international real estate markets," Owen said.

“In Australia, the commercial and residential property sectors, including strata complexes, have remained robust and continue to attract international and national investment. With Stephen’s experience and detailed market knowledge, allied with our existing proven infrastructure both locally and internationally, we will be able to deliver a market-leading proposition to our clients and prospects.?

Cooper, who was the national practice leader for JLT’s real estate division specialising in the insurances of commercial property investors has years of industry experience in roles in Hong Kong and London.

Cooper said of his new role: “Joining Lockton offers a tremendous opportunity to further develop a genuinely different offering.

“Operating as a single team with our London colleagues and combining cutting edge technology and deep bench strength in the market means that clients – both national and international – will see the benefit of transparent, real-time information and an ability to access a range of credible risk-transfer solutions.”