The former head of European portfolio management and UK CEO of global investment manager DWS, Jessica Hardman, has co-founded a new real estate investment management business with developer Downing.
Hardman has over 20 years’ experience in global real estate investment management and was recently appointed a president of the British Property Federation (BPF).
The new company, named Aboria Capital, headquartered in London, intends to leverage Downing’s 35-year development and operational track record, which has seen it deliver more than £3 bn (€3.55 bn) in real estate development across the UK, including 14,500 beds in the purpose built student accommodation (PBSA) sector.
The business will initially focus on realising Downing’s £1.6 bn pipeline, which includes 10 new projects planned to start on site at locations across the UK in 2025 and 2026, including a flagship co-living scheme, Square Gardens in Manchester. This latter project will comprise more than 2,500 beds on completion.
Source: https://propertyeu.info/Nieuws/Ex-DWS-chief-launches-new-RE-investment-management-firm/98c50dfa-31ec-4dfc-85f7-7a2b15a116f6, on 11.07.2024