Deutsche Bank has hired Morgan Stanley executive director Amit Sheshinski to lead its coverage of the real estate sector in Australia.
Deutsche Bank told staff on Monday that Sheshinski is joining the bank’s local origination and advisory team as head of real estate, where he will be responsible for advising and financing the bank’s clients.
Sheshinski will report to Hugh Macdonald, head of coverage and investment banking advice for Deutsche Bank in Australia.
“We look forward to welcoming Amit to the team to strengthen our real estate coverage, a historically strong sector for Deutsche Bank both in Australia and globally,” he said in a statement to Street Talk.
“With the number of large global real estate groups active in Australia, it is a natural area for us to step up our focus. “
Sheshinski spent nearly seven years with Morgan Stanley in Australia, focusing on real estate investment banking and working on deals like Lendlease, Stockland, Oxford Properties and Scape. He previously worked at Citi.
His appointment follows Deutsche’s addition of ex-Nomura banker Martin Nosek to cover financial institutions and former BoA banker David Hopwood to oversee natural resources.