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A former JLL director has been named by the Property Funds Association of Australia (PFA) as its new client relationship director.
The peak body, which represents the unlisted property funds industry in Australia, welcomed David Bowden to the role on a part-time basis to allow room for his current advisory board roles with Capstone Recruitment and IKON Services.
Bowden comes to the position with an extensive background in commercial real estate. A long-serving director at JLL, he held several senior positions at the global firm including over a decade as managing director of Victoria, and positions such as Australasian head of leasing, and director of project leasing and development. He was also at one point a member of the company’s global leasing board.
A Victorian specialist, Bowden served as a division councillor of the Property Council of Victoria for 10 years, and spent two years as vice president.
Paul Healy, CEO of the PFA, expressed his assurance that Bowden would be a “huge asset” to the organisation, particularly as it works to expand its membership.
“PFA is delighted to welcome David, who is a high-calibre property professional with vast experience at executive level and an incredible track record,” Healy said.
On his part, Bowden said he’s looking forward to helping PFA broaden its reach.
“I’m excited to be joining Paul Healy and the PFA executive committee, who have already done an outstanding job at growing PFA’s influence and membership in recent years.”
In joining the organisation, he noted the importance of the sector and the work PFA does to draw attention to an underappreciated asset class.
“Unlisted property funds offer more investment options than ever before, with an exciting range of new and alternative property asset classes available.
“The combination of income returns and capital growth provides an important point of difference for unlisted property investors, and compares strongly with other asset classes.
“We’re seeing innovation and development across unlisted funds management, and PFA is passionate about supporting and growing this industry,” Bowden said.
He encouraged unlisted property managers to explore the benefits that PFA can offer.
“All unlisted property managers can benefit from being involved with PFA. The association does a fantastic job of representing their membership, and coordinates an excellent events program to bring the unlisted property community together,” Bowden said.
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