Robert Koot has taken over the European real estate investments of Dutch construction workers pension fund BpfBouw, replacing Cathelijne Martin who left Bouwinest at the end of last month.

Koot has been promoted from a portfolio manager to director of European investments at Bouwinvest, the company that manages the real estate investments of BpfBouw, as well as other third-party investors.

He was previously head of research at Bouwinvest.

Jasper Petit, legal counsel for international investments, will start as portfolio manager of European investments on 1 April.

Petit was previously a senior associate at De Brauw Blackstone Westbroek.

Bouwinvest said Koot and Petit will focus on expanding bpfBouw’s €1.1bn European real estate portfolio to €1.6bn by 2021. 

Bouwinvest manages three integrated international real estate mandates for bpfBouw, covering Asia-Pacific, North America and Europe, respectively.

European portfolio has a core profile and is focused on major cities in Germany, the UK, France, Ireland and Scandinavia.

Offices, shops, homes and logistics form the main part of the portfolio, alongside niche sectors such as student housing and healthcare.