Credit Suisse is setting up a significant real estate business within its Australian investment banking division and has hired five senior executives from Deutsche Bank to form the basis of the new team. Based in Sydney, they will cover investment banking, capital markets and sales trading and will complement the bankÆs new property research team created only last month.
The new hires include David Dixon and Stephen Burns, who were co-heads of Deutsche BankÆs real estate advisory team Chris Bedingfield John Barker and Jason Cooper. Together they have been regarded as leaders in the Australian real estate industry for more than a decade, according to a Credit Suisse release.
Credit Suisse has been an active...
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