Lend Lease has appointed Kylie Rampa as head of its $8.8 billion investment management business in Australia.

The investment management business is part of Lend Lease’s property division.

Lend Lease last week split its Australian operations, which account for more than 60 per cent of its total earnings, into two divisions: construction and infrastructure, and property.

Ms Rampa has more than 20 years of experience in real estate investment, and is the former head of real estate advisory in North America for Macquarie Group.

She will begin with Lend Lease in February.