US - Invesco Real Estate is expanding its global reach with the appointment of Mark Roberts as global director of research and Mike Sobolik as regional director of research in North America.
The new appointments are part of Invesco Real Estate's plans to further expand its North American property asset management business in the United Kingdom, Continental Europe and Asia.
"As more of our clients are looking to us for global advice and expertise, this is a natural evolution for our firm, and these roles allow us to serve our clients most effectively," said David Ridley, managing partner of Invesco Real Estate.
Roberts, who joined the firm in 1995 and is currently chairman of the company's investment strategy group, will oversee research and help with value decisions across the US, Europe and Asia.
Sobolik, also a member of the firm's investment strategy group, will supervise Invesco Real Estate's forecasting and analysis processes and the firm's investment underwriting. Sobolik will also provide advice on property sector allocation, market selection and macro risk and opportunity.
At 31 December 2008, Invesco Real Estate managed $26.3bn (€19.3bn) in assets, of which $8.7bn were located outside of North America. The fnon-US assets manage include $1bn in real estate securities investments and $7.7bn in direct real estate portfolios in Europe and Asia.
The firm has a total of 13 offices, of which five are in Europe and three in Asia.
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