Mr O’Hea has over 20 years’ experience within accommodation hotel investment and corporate finance, and joins MA Financial from Toga Group, where he was the Group’s Chief Investment Officer for the last 10 years.

He has held various senior roles in Australia and Europe which spanned development, funds management and investment. During his time with Toga Group, Mr O’Hea was also a Non-Executive Director and Investment Committee member of TFE Hotels, Toga Group’s hotel operating, development and investment joint venture with Singapore’s Far East Orchard Ltd, a venture which he was instrumental in establishing.

At MA Financial, Mr O’Hea will focus on sourcing accommodation assets for purchase as MA Financial seeks to grow its exposure to the asset class to more than $1 billion.

Commenting on the appointment MA Financial’s Joint CEO, Julian Biggins, said, “We’re thrilled Anthony has joined our Real Estate team. His knowledge and experience will allow us to quickly capitalise on opportunities as they emerge.”

“Hotels are becoming increasingly attractive investments as pricing re-rates due to an uncertain trading outlook. In some cases, the current asset pricing represents significant discounts to replacement values,” said Mr Biggins.

Mr O’Hea said he was excited about the opportunity at MA Financial.  “I’ve had a long association with the hotel investment class and am a firm believer that, when done right, it offers the potential for compelling risk-adjusted returns.”

“A key part of the equation is entry price, and we’re excited about the opportunities emerging in a market where assets are becoming cheaper but where, more than ever, effectively underwriting an investment requires a deep understanding of the sector; we think we’re well placed to do this,” said Mr O’Hea.

MA Financial is largely focused on the specialised management of alternative assets and already has significant investments and operational capability in hospitality, marinas and other alternative real estate assets.

“As business builders, investing in new strategies is important as we look for the next value creation opportunity that will significantly benefit our investors,” Mr Biggins concluded.

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[1] As at 24 August 2023

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