Team

Senior Management

The senior management team has over 70 years of collective experience in institutional property funds management having previously worked at international real estate organisation’s including Brookfield Multiplex, ING Real Estate and Tishman Speyer, where they were responsible for property investments worth in excess of $15 billion, demonstrating a proven track record with the ability to:

  • execute both acquisitions and disposals, having bought and sold over 300 properties worth approximately $10 billion;
  • understand the property cycle, disposing of over $3 billion of property assets to take advantage of favourable market conditions and realise significant profits on sale;
  • enhance property values through pro-active leasing strategies, having been involved in the leasing of in excess of 1 million square metres of commercial office space; and
  • implement focused investment strategies and asset plans that created value, developed through the experience of managing in excess of $15 billion worth of properties held in more than 20 property funds.

Ian O'Toole

Director

ian.otoole@corval.com.au

+61 2 8203 8406

Ian is a founder and director of CorVal. His focus is on the overall strategy and performance of the property assets that are managed by CorVal, sourcing investment opportunities and leading and mentoring the team. Ian has over 30 years of experience in the Australian property industry, having previously held senior management positions at ING Real Estate, Brookfield Multiplex and other Australian property groups, where he was responsible for portfolios of up to $7 billion. Ian is an Associate Member of the Australian Institute of Valuers and holds an Associate Diploma in Business (Valuation).

Rob Rayner

Director

rob.rayner@corval.com.au

+61 2 8203 8408

Rob is a founder and director of CorVal. He is responsible for the creation and marketing of new retail and HNW trusts, together with the ongoing management of these trusts and investor communications. Rob has over 25 years of experience in the Australian financial services and property industry, with wide-ranging involvement in the establishment, re-structuring and on-going management of over $3 billion in property funds, through senior positions held with Armstrong Jones (prior to being acquired by ING Real Estate) and Brookfield Multiplex. Rob has a Bachelor of Business from Curtin University and is an associate member of both the Institute of Chartered Accountants in Australia and the Financial Securities Institute of Australia.

Kerr Bray

Head of Funds Management

kerr.bray@corval.com.au

+61 2 8203 8401

Kerr is responsible for the establishment, investment and ongoing management of institutional funds and mandates. He has overall responsibility for all aspects of these funds including establishing the fund strategy, raising capital, acquisitions, asset and portfolio management, financing and investor relations and communication. Kerr has over 18 years of experience in the property and funds management industry and has managed both listed and unlisted funds in Australia and Europe. Kerr previously worked for ING Real Estate in Sydney as the fund manager of the listed retail property trust and for Tishman Speyer in Europe in a number of senior roles including managing that group's pan-European core office funds with total assets in excess of $4 billion. Kerr has a Bachelor of Commerce and Finance from the University of Western Australia and is an associate member of the Institute of Chartered Accountants in Australia.

Investment and Asset Management Team

Michael Hua

Fund and Business Development Manager

michael.hua@corval.com.au

+61 2 8203 8402

Michael is responsible for the management of CorVal’s institutional funds as well as identifying and sourcing new domestic and offshore capital partners. Prior to joining CorVal, Michael spent 6 years in Institutional Real Estate with Stockland Property Group where he held a number of positions including Assistant Fund Manager for Stockland’s unlisted retail funds platform, which had over $500m of funds under management. Before this, Michael was at JLL within the research and consulting team, focusing on the NSW office and industrial markets for key institutional clients. Michael has experience and in-depth knowledge in financial modelling, management reporting, valuation, investor relations and funds management. Michael holds a Bachelor of Property Economics from the University of Western Sydney and is a Certified Practicing Valuer and a member of the Australian Property Institute and the Royal Institute of Chartered Surveyors.

Con Tsioulos

Asset Manager

ctsioulos@corval.com.au

+61 2 8203 8411

Con is a senior asset manager at CorVal, responsible for establishing and implementing asset management strategies to maximise value for investors. He has responsibility for managing tenant relationships, negotiating leases, managing capital works programs and overseeing property management. Con has over 18 years of experience in the real estate industry spanning the residential, commercial, retail, industrial and strata sectors, with expertise in property and asset management. He has previously worked at Fortius Funds Management and JLL where he managed over $1.5b worth of Australian office, retail and industrial real estate on behalf of some of Australia’s largest institutional investors. Con holds a Bachelor of Land Economics from the University of Technology.

Benn Vicic

Asset Manager

BVicic@corval.com.au

+61 2 8203 8413

Benn is a senior asset manager at CorVal responsible for establishing and implementing asset management strategies to maximise value for investors. He has responsibility for managing tenant relationships, negotiating leases, managing capital works programs and overseeing property management. Benn has over 17 years of experience in the property and funds management industry. He has previously worked at the Charter Hall Group, where he was responsible for the performance and operations of over 20 office, industrial and retail bulky goods assets, with a combined value of $350m and over 100 tenants. Prior to that, Benn worked for CBRE, Knight Frank and the Winten Group, developing skills across a variety of areas including acquisitions, disposals, portfolio and asset management and valuations. Benn holds a Bachelor of Business Degree specialising in Property Valuations from the Royal Melbourne Institute of Technology, is a Certified Practising Valuer and an Associate Member of the Australian Property Institute.

Philippa Houghton

Asset Manager

philippa.houghton@corval.com.au

+61 2 8203 8404

Philippa is an asset manager who works with Con and Benn in the implementation of asset management strategies.  She has responsibility for managing tenant relationships, negotiating leases, overseeing property management and assisting with portfolio reporting.  Philippa has over 7 years of experience in the real estate industry, having previously worked in leasing and sales in Auckland at both CBRE and Knight Frank before taking up the role of Senior Property Manager at CBRE in Sydney, where she managed a $500 million portfolio with over 90 tenants. The portfolio comprised a variety of commercial and retail buildings in both the Sydney CBD and suburban property markets, for a mix of institutional and private investors. Philippa holds a Bachelor of Property from the University of Auckland, Certificate IV in Property Services (Real Estate) and was commended for the Australian Property Institute Young Achiever of the year award in 2014.

Oliver Picone

Transactions Manager

oliver.picone@corval.com.au

+61 2 8203 8407

Oliver is responsible for acquisitions and divestments at CorVal, including identifying, sourcing and analysing opportunities as well as managing due diligence and contract negotiations.  Since joining CorVal in 2012, Oliver has acquired 10 properties with a total value in excess of $600m. He is also involved in developing and monitoring asset management strategies, with a focus on maximising disposal values and investor returns, as well investor communications for high net worth, institutional and overseas clients. Oliver has worked in the commercial property industry for over 9 years, having previously held positions within major commercial valuation firms, most recently working for CBRE in the Sydney CBD specialist valuation team, and prior to that at DTZ and Urbis. During this time, he developed advanced financial modelling and analysis skills and a broad exposure to a number of property asset classes. Oliver holds a Bachelor of Property Economics with a sub major in Property Analysis from the University of Technology Sydney and is a Certified Practicing Valuer.

Gareth Dingle

Property Analyst

gareth.dingle@corval.com.au

+61 2 8203 8405

Gareth is part of the capital transactions team, working closely with Oliver and focusing on identifying and analysing opportunities as well as managing the due diligence process. He also assists with aspects of fund and asset management and investor communications. Gareth has previously held positions within major real estate firm CBRE, most recently as a commercial valuer within the Sydney team, specialising in Sydney CBD and Sydney Metropolitan institutional assets and prior to this he worked in CBRE’s Global Research and Consulting division. Gareth holds a Bachelor of Property Economics from the University of Western Sydney and is a Certified Practising Valuer.

Noella Tsang

Financial Controller and Company Secretary

noella.tsang@corval.com.au

+61 2 8203 8410

Noella has overall responsibility for financial and management reporting, taxation, human resources and compliance for the group. Noella has over 15 years of experience in the property and financial services industry. She has previously worked for Brookfield Multiplex within the funds management division, including as a fund manager for one of that group’s listed property funds and as an analyst for several of the unlisted funds, as well as being involved in various capital transactions. Prior to this she was with the chartered accounting firm Felsers (since renamed Accru). Noella holds a Bachelor of Commerce from the University of New South Wales and is an associate member of both the Institute of Chartered Accountants in Australia and the Financial Securities Institute of Australia.

Kim Tan

Accountant and Communications Manager

kim.tan@corval.com.au

+61 2 8203 8409

Kim is responsible for the preparation of the financial statements and tax returns for both CorVal and its funds, as well as the preparation and issuance of investor financial information and other reports. She is also involved in the compliance and payroll functions for the group. Kim has been in the professional services and accounting and finance industry for over 10 years, having worked previously with PricewaterhouseCoopers and other public accounting practices in both Perth and Sydney. Kim holds a Bachelor of Accounting and Information Systems from Curtin University of Technology and is a Certified Practising Accountant.