Industry News

Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, has appointed Tina Pristovsek as Vice President, Real Estate Finance & Capital Markets - Europe. Based in London, Pristovsek will help develop and implement financing strategies for Oxford’s European business. Pristovsek will also be responsible for monitoring and managing the company’s €3 billion (£2.7 billion) existing European debt portfolio, including coordinating its loan compliance efforts in the region. In addition, she will continue to build...

International real estate advisor Savills has expanded its office agency team in Italy with the appointment of Eros Chiodoni, who joins with immediate effect as head of office leasing. This follows the recent hire of Marcello Maione and Paolo De Lorenzis in January 2023 who established Savills Italy’s office leasing offer in the country. Chiodoni, who has more than 20 years’ experience in the office sector in Milan and wider Italy market, has worked for several real estate companies throughout...

Real estate investor and fund manager, Cromwell Property Group, has announced the promotion of Susan White to the role of chief financial officer, Europe. Prior to this appointment, White had led Cromwell’s fund finance team for four years, with responsibility for delivering significant improvement across the European fund management business. Her previous experience includes senior finance roles at a number of large financial institutions including the Qatar Sovereign Wealth Fund, Citigroup Property Investors and Marriott International. As well as reporting...

Robert Karlsson, current Director of Investment Management in Catella Asset Management (CAM) has been appointed as Managing Director of Catella Asset Management Finland. He will start his new position on 2nd May 2023. Robert Karlsson has been at Catella since 2021 and has extensive experience in investment management and transactions, both in Finland and the Nordics. He will further strengthen Catella’s position in the Finnish and Nordic investment management operations. Robert Karlsson succeeds Jussi Rouhento who is taking on new...

M&G Real Estate – part of M&G plc’s £76.6 billion private and alternative assets division, has appointed Robin Hubbard as Global Head of Real Estate Investor Relations and Investment Specialists to lead the next phase of its expansion and manage institutional client relationships in the UK, North America, Europe and Asia. Based in London, he reports to Tony Brown, Global Head of M&G Real Estate, and will be a member of the global real estate executive committee. In this newly...

Henderson Park, the private equity real estate firm headquartered in London, announces that it has let nearly half of the iconic Los Cubos office building in Madrid to Kyndryl, the world’s largest provider of IT infrastructure services with thousands of business customers in more than 60 countries. Kyndryl has agreed a long term lease and will relocate its Spanish headquarters to Los Cubos. Kyndryl will occupy the property’s first four floors, including a 1,000 square metres private terrace. Kyndryl’s employees...

Principal Asset Management, through its dedicated real estate investment team, has acquired 134,000 square metres of land in Weert, the Netherlands, in order to develop a logistics scheme. Principal is partnering with specialist logistics developer EvolutionRE through a joint venture to develop a scheme covering 89,000 square metres of space. Principal acquired the land, an existing brownfield site, from a Dutch private investor. Tia van Beek, transaction manager, Principal Asset Management, said: 'Due to the strong occupier fundamentals in the...

AXA IM Alts, a global leader in alternative investments with over €186 billion of assets under management, announces that it has acquired, on behalf of its clients, the 5* Hotel Sofia in Barcelona from Selenta Group, Brookfield’s Spanish hospitality platform. The property was acquired in joint venture with Spanish based partner Blasson Property Investments, acting as operating partner. Upon acquisition, AXA IM Alts plans a repositioning programme, following which the hotel will be operated by a leading global hospitality group...

Legal & General Investment Management (‘LGIM’), the largest UK-based asset manager and NTR, a leading renewable energy specialist, have successfully raised €390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power (Europe) Fund (the ‘Fund’). The Luxembourg-based Fund invests in clean power infrastructure assets across wind, solar and energy storage, putting private capital to work to drive Europe’s decarbonisation and energy security agenda. It is classified as an Article 9 fund under...