JLL Hotels & Hospitality Group have further expanded their service offering within the Pacific Region with the relocation of Executive Vice President Adam Bury from JLL’s Singapore headquarters to Australia.

 Bury, who has been part of JLL’s Hotels & Hospitality Group for approaching seven years, assumes the role of Head of Investment Sales Queensland while taking the lead in growing the firm’s Hotel Debt Advisory business across Australia and New Zealand. He’ll also retain responsibilities in the company’s Asia office, including the continued facilitation of cross border capital into the Australian hotel market.

 JLL Hotels & Hospitality Group Asia Pacific CEO, Mike Batchelor commented, “We are immensely proud of the growth our Australian team has achieved and I am firmly of the belief that Adam refocusing his attention on the Australian market will only provide further value-add for our clients and the wider tourism and hospitality industry. Adam’s Capital Markets experience, where he has been instrumental in some of the most high-profile Asian hotel sales, and close ties to Asian-based investors and key global players, will only serve to enhance end results for our clients.”

 "JLL have enjoyed continued success in Queensland over a long period of time, headed by our market leading transaction of the Novotel Brisbane last year and current sale process for Dunk Island. However, Adam’s appointment will better serve our client’s growing needs and current book of work in the State,” said Peter Harper, Managing Director & Head of Investment Sales, Australia.

JLL’s National Debt Advisory Business, headed by Matthew Duncan, will also greatly benefit from Adam’s expanded focus. “Hospitality investors have seen an unprecedented twelve months with sometimes drastic impacts on P&L’s and balance sheets. Whilst we do now see light at the end of the tunnel with a vaccine roll out, owners and investors are focusing their attention on capital and funding requirements in the new normal. Many traditional lenders have started pulling back from the market and our clients are increasingly seeking access to the attractive, non-traditional, capital that’s looking to increase its exposure to the market,” Mr Duncan said.

Mr Bury commented, “It’s a privilege and exciting to be joining the market leading JLL Hotels team in Australia, who continue to grow from strength to strength. Despite the short-term challenges that the Australian hospitality industry may face, we are confident in the medium to long-term potential of the market, as are the majority of industry stakeholders we’re actively working with. In the face of the market’s current difficulties, we are confident in our ability to find innovative solutions to strengthen our client’s positions for the recovery.”

Prior to relocating to Australia, Bury spent over a decade in Asia, having a leading role in the company’s Singapore office with involvement in a number of trophy asset sales in the city state, South East Asia and the Indian Ocean. Prior to this position Mr Bury was based in Vietnam working for a leading global real estate firm and began his career in London in real estate fund advisory.