Arthur has spent over forty years involved as an Architect and Town Planner.
He was a Principal of a Multi-disciplinary Practice of Architects, Town Planners, Engineers, QS’s and Project and Construction Managers.
He has worked with UNESCO, NGO’s and various Governments - especially those in developing third world countries - to provide infrastructure, develop schools, health facilities and convert slums to permanent housing.
After moving to Australia, he was involved with Westfield in the strategic planning of Shopping Centres in Australia, USA, and the UK.
Arthur then joined Macquarie Bank as a Director of their Real Estate and Structured Finance division.
The projects he was responsible for included:
complex housing projects ranging from slum conversions to new satellite towns for the growing gentrification areas in Indonesia, India, Malaysia and China.
developments of high density residential in Australia, the USA and UK
Toll Road and rail systems.
He worked with NSW Planning to prepare the Masterplan for the redevelopment of the disused Everleigh Carriage works and the derelict rail and waterfront at Honeysuckle in Newcastle. He was also an advisor to the planning committee for the development of Barrangaroo.
Christopher Herde trained in law and accounting and then worked for a Chartered Accountant. He moved to a property development company where he originated the funding for all projects. Christopher then worked with Citibank initiating “work-out” solutions for large insolvent property development companies.
In 1988 he founded Future Asset Services P/L. (FAS) with it’s main activity being to analyse the highest and best use options in property development and investment. He was appointed structured finance consultant to the CSIRO and later, at Rand Merchant Bank, he was Associate Director, Structured Finance Property.
FAS, in conjunction with Tim Hyde (then at Caversham Capital), was retained as consultant to “NSW UnitingCare Ageing & Disability Service” to “Report on Raising cost-effective finance for Aged Care facilities”. During this two-year consultancy they analysed the organisation’s assets, revenue streams, expenditure and investments. Their final report included several financing alternatives that were available to the Uniting Church.
FAS was Project Manager for the new Highlands Specialist Hub. This included land acquisition, negotiations with Council, town planners and builders and was completed in 2023.
His work at FAS is now focussed on financial model development. The FAS model enables an extremely comprehensive analysis of the various property related scenarios and the suitability and risk/return analysis of alternative financing options.
Tim has more than 35 years’ experience as a senior executive in the banking and capital markets sectors. He has worked in investment banking, funds management, stockbroking and in property and tenancy management.
Timothy was a Partner, then Director of Ord Minnett for 17 years and a Member of ASX.
At Ord Minnett and Westpac (Head of Private Placements, Director Ord Westpac Fixed Interest Ltd and Director Westpac Project & Advisory Services Ltd), he was responsible for the underwriting, origination, negotiation and the subsequent placement of numerous nominal and real rate bond issues to institutional investors. These included the $496m 30 year CPI linked bond issue by the Sydney Harbour Tunnel Co.
He was involved in the creation of the $800 Victorian Housing Bond program and responsible for the placement of the initial $400m bonds. This program enabled many thousands of Victorians to exit the Social Housing Waitlist and purchase their own homes.
At Westpac and subsequently at Caversham Partners he was an advisor to the Commonwealth and many State Governments and their Agencies on Housing and Aged Care issues. Most of these consultancies were focussed on advising on and accessing debt capital markets particularly for Social and Affordable Housing.
Tim is now resident in Australia again after 11 years living and working in Vietnam. In Vietnam his roles included Director Debt Capital Markets ANZ Vietnam and General Director (CEO) at Mayfair Hanoi Ltd which was a property JV between Vietnam’s Ministry of Defence and international fund managers.