REAL ESTATE - Cyril van den Hoogen and Robert Eujen have been appointed as CFO and director of portfolio management respectively at Altera Vastgoed, the real estate fund has announced.
Both have been working for the private fund for pension schemes since 2001. Van den Hoogen, 43, has been deputy director finance and control. Eujen, 57, has been active as head of acquisition, a post that he will fill until a successor has been appointed, Altera said.
According to the real estate fund, the appointments follow the extension of the board of directors, as a consequence of the increase of the assets under management to approximately €1.5bn, the increase of the number of shareholders to over 20, and the development of the sector portfolio.
As of July 4, Rene Hogenboom, 55, becomes CEO and chairman.
Meanwhile, Altera has sold 16 properties - totalling approximately 50,000m2 - of its office and retail portfolio to Fortress Participations in Rotterdam, it said.
Altera didn’t disclose the value of the transaction. “The proceeds were approximately equal to the taxation value of the properties”, it said.
The transaction had been organised by means of two tenders, by Troostwijk Makelaars and DTZ Zadelhoff. Fortress was being advised by Appelhoven Vastgoedadviseurs from Amsterdam.
Earlier, Altera appointed Bouke-Pieter van Dijk as real estate investment analyst.
The 28-year-old takes over from Niels van Wonderen, who has left the company and has accepted a new position at the Doctors Pension Funds in Utrecht.