URGENT UPDATE: Goldman Sachs has just announced a significant addition to its real estate team, hiring Samuel Green, a former principal at Apollo Global Management, as a managing director. Green will be based in Sydney, marking his return to the Wall Street giant after an eight-year hiatus.
Green’s appointment comes at a critical time as Goldman Sachs aims to strengthen its Australian equity and credit platform. In an internal memo, the firm stated that Green will “lead the strategic direction and growth” of its operations while enhancing client relationships across the region.
This move aligns with CapitaLand’s recent efforts to expand into private credit, underscoring the competitive landscape for real estate investments in Australia.
Since leaving Goldman Sachs in 2017, Green has gathered invaluable experience at Macquarie‘s private equity and credit team and at Apollo, where he was a board member for the portfolio business MaxCap Group. His extensive background positions him well to drive Goldman’s strategic objectives in the Australian market.
Goldman Sachs has been notably active in Australia, with its Alternatives team investing over $14 billion in various real estate projects since 2021. Recent transactions include the acquisition of seven last-mile logistics properties across Adelaide, Brisbane, Perth, and Melbourne. The firm has also closed a construction facility to fund a new 40-storey residential tower in inner-city South Melbourne.
Green’s leadership is expected to play a pivotal role in furthering Goldman Sachs’ ambitions in the region, especially as the demand for innovative financing solutions in real estate continues to rise.
As the global real estate market navigates shifting dynamics, Green’s return to Goldman Sachs signals a strategic focus on growth and adaptation in a competitive environment. Industry watchers will be keen to see how this development shapes not only Goldman’s trajectory but also the broader Australian market.
Stay tuned for more updates on this evolving story as Goldman Sachs positions itself at the forefront of real estate investment in Australia.
