Invesco Real Estate Adds Senior Investment Professional

Invesco Real Estate today announced that Peter Feinberg has joined its New York City office as a portfolio manager and senior director. Feinberg, a member of the Invesco Real Estate Investment Committee and Investment Strategy Group, will work with several of the firm’s separate account clients and is responsible for ensuring that their portfolios are designed to meet return objectives given an appropriate risk profile.

"Peter brings a wealth of experience and we are thrilled to have him join us,” said Paul Michaels, Managing Director and Director of North American Direct Real Estate. "His arrival further strengthens our team and helps position us to continue to prudently manage our future growth.”

He has over 25 years of experience prior to joining Invesco in 2010, including 21 years at RREEF where over time he held positions as head of portfolio management and head of dispositions in the Americas, as a portfolio manager for several of its funds and separate accounts and as an acquisitions officer, and he served on RREEF’s Management and Investment Committees. During his career, Mr. Feinberg has negotiated the acquisition or disposition of properties with a market value in excess of $4 billion. Prior to RREEF, Mr. Feinberg was a Senior Tax Consultant with KPMG Peat Marwick.

Mr. Feinberg earned a Bachelor’s Degree from Dartmouth College and an MBA from the Stern School of Business at New York University.

Established in 1983, Invesco Real Estate manages $24.3 billion of real estate investments, which includes $10.9 billion in US direct real estate portfolios, $4.5 billion in non-US direct real estate, and $8.8 billion in real estate securities (as of June 30, 2010). With 225 employees in 13 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 22 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 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 invescorealestate.com.