KPMG Appoints Stephen Barter As Chairman of Real Estate Advisory
KPMG has appointed Stephen Barter as chairman of its real estate advisory practice. Stephen was previously UK CEO of Qatari Diar, part of the Qatar Investment Authority, and has held senior roles at Grosvenor and Richard Ellis (now CBRE).
Stephen will be based in London and will focus on expanding KPMG’s international client base and growing the real estate advisory business; providing corporate finance and strategic advice to leading investors, fund managers, developers and occupiers.
Already a major adviser to a number of sovereign funds, large pension funds and other major capital providers, KPMG is actively expanding its real estate practice of some 3000 professionals in over 70 countries. With transactions becoming ever more complex and international, Stephen’s appointment will enhance KPMG’s ability to understand the differing investor needs and to match these with the market opportunities in local markets.
Jonathan Thompson, international chair of real estate and construction at KPMG, commented: “Stephen is a highly regarded figure in the real estate industry and brings over 30 years’ experience across all aspects of real estate investment and financing, development, asset management and fund management.
“Our global real estate practice continues to grow in a market full of new and exciting opportunities. While our existing real estate advisory team is well recognised in the areas of taxation, restructuring and transactions management, Stephen’s appointment adds a new dimension to our team and will help us deliver innovative advice to our clients.”
Richard White, UK head of real estate at KPMG, commented: “KPMG is well known within the real estate market, particularly for its tax and audit advice. Stephen’s arrival will help us build on these strengths and offer greater breadth of coverage and expertise, particularly to investors, major companies and Government.”
Stephen Barter commented: “I am very pleased to join KPMG. Real estate is a diverse and dynamic market and I will aim to link capital to opportunity matched by independent strategic and financial advice, to enhance KPMG’s well-respected advisory expertise. I look forward to developing a strong international business, building on KPMG’s global reach, to help our clients find solutions to their challenges.”