Macquarie Group Limited’s
(ASX:MQG) property investments have derived Australia’s largest investment bank the greatest returns among the investment banks this year.
According to Dealogic Macquarie has generated $US17 million in revenue from the real estate sector this year, representing a 15.7 per cent share.
The data provider’s figures show Macquarie took the top spot followed by Bank of America Merrill Lynch, US-based Evercore Partners Inc, Goldman Sachs and Citi.
Macquarie Capital Global Head of Real Estate Chris Green told Fairfax Media he remains optimistic about next year’s deal flow given the robust demand from international players for Australian property.
Macquarie Group increased its net profit by 18 per cent to $361 million in the first half of the 2012 financial year.
