CBRE, BNP Paribas Real Estate, RE5Q, CIM Group, Federated Hermes, ilke Homes, Crest Nicholson, Cromwell Property, Hines, BentallGreenOak, Pantheon Group, Greystar Real Estate Partners, Harvey Norman Ireland
BentallGreenOak – The global real estate investment management advisor has named John Carrafiell co-CEO and member of the board of directors. Carrafiell joins Sonny Kalsi as co-CEO, and alongside Amy Price, president of BentallGreenOak, the three leaders will form the firm’s global executive team. Carrafiell will be based in the US with global responsibilities as co-CEO, while continuing to oversee the firm’s European business. Carrafiell co-founded GreenOak Real Estate in 2010. Following the merger of GreenOak and Bentall Kennedy, in July 2019, to form BentallGreenOak, Carrafiell has served as senior managing partner with oversight for the firm’s European Business.
Pantheon Group – Roman Braslavsky and David Elliott have joined the investment manager from GI Partners to establish and lead a new real estate strategy. Braslavsky, who was most recently a managing director with GI Partners, joins as partner and head of Pantheon Real Estate, while Elliott, most recently a principal with GI Partners, joins as managing director. The team will be based in New York. Pantheon’s real estate strategy is being developed as an extension of the firm’s established global infrastructure and real assets platform. It will initially focus on secondaries opportunities.
CBRE Global Investors – Sondra Wenger has been hired to serve as the firm’s head of Americas commercial operator division. She will operate out of the firm’s New York City office. In this role, Wenger is responsible for the execution and operation of the firm’s office and retail assets in the Americas. She serves as a member of the firm’s Americas investment committee. Prior to joining CBRE GI, Wenger served as a senior executive for institutions including CIM Group, General Electric and Equity Office Properties. Wenger currently serves as a board member for CA South and American Ventures. Nick Ito has joined the company as managing director and senior originator. In this role, Ito will focus on deploying capital on behalf of the Americas credit division and will be based in Los Angeles. Prior to joining CBRE GI, Ito spent 15 years at MetLife, where he served as head of commercial mortgages in the Los Angeles Office and head of West Coast debt fund originations. Prior to MetLife, Ito served as a valuation associate at PwC and Deloitte.
Greystar Real Estate Partners – Ward Frisby has been appointed development director in Ireland. Frisby will support Greystar’s growth plans in Ireland by managing its growing development pipeline and delivery of new multifamily assets in and around Dublin. Frisby will be involved in all future development projects in Ireland and his appointment coincides with Greystar completing the final phase of its first rental housing scheme in Ireland, Quayside Quarter. Frisby has advised several real estate funds in development management and was previously head of property at Harvey Norman Ireland. He also held the role of construction director at Quinby Properties and started his career in commercial property as project manager at Bennett Construction.
Cromwell Property – The real estate investor and manager has promoted Justyna Filipczak to head of Central and Eastern Europe. As interim head over the last few months, Filipczak has successfully led and navigated Cromwell’s COVID-19 response within the region. This has included overseeing all tenant-customer negotiations and lease renewals as well as the successful acquisition of 12 logistics and light industrial properties in the Czech Republic and Slovakia on behalf of Cromwell European REIT. Filipczak joined Cromwell in 2013 from GE Real Estate rising to head of finance, CEE. She had a brief interlude with Multi Corporation in a similar role before returning to Cromwell in 2019.
CBRE – The global real estate advisor has appointed Andrew Hulme as an executive director, within its UK investment properties team. Hulme was most recently at BNP Paribas Real Estate where he ran the retail and alternatives teams. He began his career at CBRE, focusing on the retail occupier market before specialising in retail warehouse investment and out-of-town retail. In his new role, Hulme will focus on all aspects of retail investment with a focus on delivering experienced advice amidst the ongoing repositioning of the sector. He will lead the UK retail investment team alongside Phil Cann, with an emphasis on out-of-town retail with Cann continuing to lead on London retail investment.
National Housing Finance and Investment Commission – Australia’s federal government agency has appointed Adrian Harrington as chair. Harrington, who is Charter Hall’s head of capital and product development, will take over from out-going chairman, Brendan Crotty. His five-year term commences in July. Harrington is currently the independent chairperson and director of the Australian Housing and Urban Research Institute (AHURI). He will step down from this role. Kelvin Ryan and Jane Hewitt have also been appointed part-time members of the NHFIC board. Other appointments include Jennifer Cunich as part-time independent chairperson and director of AHURI, and Alexandra Waldren as a part-time independent director of AHURI, both for a four-year period.
RE5Q – Capital markets and fintech specialist Fabian Vandenreydt joins technology platform RE5Q’s advisory board. Vandenreydt was previously managing director, global head of securities and treasury markets at SWIFT and serves as innovation advisor to Abu Dhabi Global Market. Other roles include managing principal, at Capco, a consultancy in capital markets, and VP, head of product management for communications services at JPMorgan/ Euroclear.
Bayerische Versorgungskammer – The German pension fund has appointed Manuel Philippe Wormer to head its global real estate investment management business. In this role, Wormer will be responsible for BVK’s existing and future real estate investments globally – excluding Germany, Austria and Switzerland, which are organised in the DACH team. Wormer continues to report to Rainer Komenda, who remains unchanged as head of real estate investment management. Since he joined BVK in 2017 as senior investment manager, Wormer has sourced, underwritten and invested in real estate directly, as well as indirectly via fund investments and listed platforms across sectors, geographies and risk types. Prior to BVK, Wormer was portfolio manager at WealthCap/UniCredit. Wormer is an active member of the European real estate industry and is currently the chairman of INREV’s training and education committee.
Hines – The real estate manager has promoted Simone Pozzato to manage its core European real estate fund. The former deputy manager of the Hines European Core Fund’s promotion follows Peter Epping’s appointment as the firm’s new global head of ESG.
Federated Hermes Property Unit Trust – The international business of Federated Hermes has appointed Charles Maudsley to Federated Hermes Property Unit Trust’s committee, which provides independent oversight of the fund’s activities on behalf of investors, in a non-executive role. As part of the committee, Maudsley will also join the appointments, audit and asset plan committees. Maudsley joins the 5-strong committee which includes Sue Clayton, Frances Davies, Andrew McIntyre. Paul Clark is planning on standing down from the committee at the AGM on 14 July. Maudsley is a strategic advisor on real estate to Bridgepoint and founder of Alma Real Estate Consultancy. From 2010-19, Maudsley was a board director at British Land with day-to-day responsibility for the retail, leisure and residential portfolios. Prior to British Land, Maudsley was co-head of Europe for LaSalle Investment Management and sat on the global board of the investment management business. This followed his role as UK head of Real Estate for AXA REIM.
ilke Homes – The UK modular housing company has appointed former Crest Nicholson boss Patrick Bergin as CFO. Bergin, who joins with 15 years’ of experience in housebuilding, rose through the ranks at Crest Nicholson where he held numerous senior roles, including as the company’s chief operating officer from 2016 to 2018.