Invesco Real Estate Adds Two Senior Executives

DALLAS, June 18, 2012 /PRNewswire/ -- Invesco Real Estate today announces that Timothy Bellman has been named Head of Global Research. Tim will join the Investment Strategy team and focus on global asset allocation and coordinating research efforts led by the three regional heads of research. He joins from ING Real Estate management where he had been the global head of research and strategy since 2007. Bellman will be based in Dallas.

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"We are very fortunate to have Tim join our team as he brings many years of experience in the research arena including living and working in all three major regions; North America, Europe and Asia Pacific," said R. Scott Dennis, CEO of Invesco Real Estate.

Additionally, in a move reflective of increased demand and a growing client base, Claiborne Johnston has joined as a client portfolio manager.  Prior to Invesco, Johnston was with Morgan Stanley Real Estate where he was a Managing Director responsible for a variety of real estate investment banking and investment management activities.  Johnston is based in New York.

"Claiborne brings exceptional experience to our firm," said Max Swango, managing director and head of client portfolio management. "Our clients, consultants and prospects will benefit from his experience, industry knowledge and ability to communicate in a very clear way."

About Invesco Real Estate

Established in 1983, Invesco Real Estate manages $49.0 billion of real estate investments, which includes approximately $29.2 billion in direct real estate portfolios and $19.8 billion in real estate securities (as of March 31, 2012). With more than 321 employees in 16 offices worldwide, the group focuses on top-down market and property type fundamentals combined with bottom-up local market intelligence. 

Senior members of the management team have worked together for more than 23 years, contributing to the consistent implementation of Invesco's investment strategy and resulting performance.        

Invesco Real Estate is a unit of Invesco Ltd., a leading independent global investment manager, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ.  Additional information is available at www.invesco.com and at www.invescorealestate.com.

SOURCE Invesco Real Estate