Industry News

CBRE Investment Management (CBRE IM) is pleased to announce appointments in lead portfolio management roles for two of its largest flagship open-end strategies, underscoring the firm’s commitment to cross-platform innovation, top talent, diversity and mobility. Elisabeth (Liz) Troni has been appointed as lead Portfolio Manager for the firm’s U.S. core real estate strategy. Lucy Fletcher has joined CBRE IM as lead Portfolio Manager for the firm’s global open-end core-plus strategy, succeeding Troni in this role. Troni is based in New...

Nordic real estate investor Slättö has made its official debut in the Danish market, appointing Anders Østergaard Hansen as country head. Slättö's rapid growth, with assets under management reaching €2.5 bn in Q2 2024, has fueled its expansion into Denmark. This marks its third Nordic market, following successful operations in Sweden and Finland. Anders Østergaard Hansen brings with him extensive experience in investment and real estate development. His most recent role was at NREP, where he led the office business...

UK investment manager Octopus Investments announced on Wednesday that it has extended its tentacles into Europe for the first time in its 24-year history. The group has opened a new Spanish office, located on Paseo de la Castellana in Madrid’s financial district. The office represents the first permanent location for Octopus in mainland Europe, as it looks to build a more global footprint and expand the firm’s existing investment capabilities. Octopus is principally focussed on the living and healthcare real...

Niam , a leading real estate fund manager in the Nordics, is pleased to announce the final close of Niam Nordic VIII. The fund has successfully secured EUR 805 million in equity commitments, excluding co-investment capital. This milestone establishes Niam Nordic VIII as the second largest opportunistic fund in Niam's history. Over the past 12 months, the team has successfully deployed a majority of this capital into primarily the Nordic residential and logistics sectors along with other opportunity driven investments...

Patrizia has reached almost €1 bn of equity commitments for its Smart City Infrastructure Fund after the latest round of commitments. The German real assets investor agreed an extra €200 mln from Dutch asset manager APG on behalf of its pension fund client, ABP. That takes total equity commitments to €950 mln and as much as €1.4 bn when counting a $500 mln co-investment side-car vehicle. ABP’s new investment is aimed at expanding the fund’s Italian smart streetlighting platform, following...

The UK's Scape Group, a specialist in purpose-built student accommodation (PBSA) and living units, has appointed Martijn Vos as CEO Europe for its flagship brands, Scape and Morro. The hire marks a milestone in the group’s plans to expand its footprint into the European market. Vos, who brings nearly 20 years of experience in real estate investment, will spearhead Scape Group’s European investment activities, focusing on new student accommodation and co-living investments. He joins the group from Abu Dhabi Investment...

Europa, a pan-European real estate investment specialist, has strengthened its investment management team with the appointment of Aqil Nagji as director, fund management. Nagji will be based in London and work initially as deputy fund manager alongside Simon Hooper, who is retiring at the end of the year, before taking over Hooper's responsibilities as fund manager. In this role, he will support Amirali Kasraie as head of investment management across all of Europa's funds. Nagji joins Europa after over five...

Arrow Capital Partners, a specialist investor, developer and manager of real estate in Europe and Asia-Pacific, has appointed Cormac Dunne as head of transactions, Europe. In this role, Dunne will be responsible for originating investment opportunities across Europe, with particular focus on the UK, Netherlands, Spain, Germany, Nordics and Ireland, working closely with Arrow’s regional European heads and local teams to originate transactions for its five key growth strategies. He will be based in Arrow’s London office. The move is...

Feldberg Capital has appointed Luke Duckworth as fund manager for Cora, its £500 million (€593 million) brown-to-green workplace fund targeting refurbishment opportunities in London’s West End. Based in Feldberg’s London office, he will be responsible for managing Cora’s assets, investor relations and supporting ongoing capital raising for the fund. Duckworth joins from Nuveen Real Estate where he was assistant fund manager of a €2 billion fund that invested in diversified opportunities in European cities. Prior to this he worked in...