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Property trends Financial Times

A 25-year veteran of the sector, Mr Herbert’s career has tracked the market. He was poached with a team from Citigroup in 2005 by Merrill Lynch, ending up as its European hotels and leisure property head until the market peaked in 2007. Last year he joined old colleague Robert Tomei at Advanced Capital, an Italian private equity fund of funds, as an adviser. Now it’s time to spend HSBC’s money.

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