Lendlease has hired Vanessa Orth as Managing Director of its Australian Investment Management division. Vanessa has over 20 years' experience in senior executive roles across the property and aviation sectors, including most recently as Chief Commercial Officer of Sydney Airport Corporation. The appointment as Managing Director sees Vanessa return to Lendlease where she spent seven years earlier in her career in Investment Management.

As Chief Commercial Officer of Sydney Airport Corporation, she was responsible for the commercial operating business, and oversaw the annual capital budget which delivers capital projects plus the generation of the future pipeline. Over the last two years, Vanessa managed the commercial portfolio during the Covid-19 pandemic. Prior to this, Vanessa held several roles at GPT, including Head of Retail where she was responsible for leasing development, asset management, operational capital, marketing and investment.

Lendlease's Investment Management division has $25 billion in funds under management across office, retail and industrial. In 2021 it launched the Real Estate Partners 4 Fund, focusing on multi-sector opportunities, and significantly grew its investment mandates business. Vanessa will join Lendlease in August 2022.