Goldman gazumps UBS

In a major hiring coup, Goldman Sachs has taken a team of five from UBSÆs highly regarded real estate group. The team is led by Michael Smith.Smith will become Goldman Sachs head of real estate investment banking and joins as a managing director. He was previously head of real estate at UBS and has been a specialist in this sector for 15 years. He will be based in Singapore.A second senior banker in the poached UBS team is Vincent Peng, who also has 15 years experience in the real est…