Peak fills new role as firm expands

MELBOURNE fund manager Peak Equities has appointed its first Queensland asset manager.

Ex-AMP Capital Investors manager Vanessa Burns, who has also held senior roles with Garda Capital Limited and Colliers International Brisbane, will head up Peak Equities operations in Queensland.

The fund has been increasingly active on the Gold Coast in the past few years.

The company bought a commercial building at 69 Laver Drive in Robina for $7.65 million in May and Bartercard House at 121 Scarborough St in Southport for $11.5 million in February 2016.

Peak Equities also holds assets in Victoria, South Australia and Tasmania, with some $150 million of properties acquired and managed throughout Australia since the company’s formation in 2014.

Tom Borsky, Peak’s founder and managing director, said Ms Burns appointment was timely as the company’s activity continues to ramp-up in Queensland.

“I have no doubts she will deliver strong value for our investors.” Mr Borsky said.