Palladius Capital Management, Nimes Real Estate, NextEnergy Solar Fund, DWS, Blackstone, Sienna Real Estate, M&G, Downing, KlaraBo, Investa, Lendlease, KanAm Grund, Gresham House, Bowmark Capital, PGIM Real Estate, Get Living
DWS – Paul M Kelly has been appointed to head the asset manager’s €126bn alternatives business. Kelly will join DWS from Blackstone where he was a senior managing director and COO of the credit division. Prior to Blackstone, Kelly spent nearly 20 years at JPMorgan in a variety of leadership positions, and he started his career in equities trading at Bear Stearns. He will join DWS in February 2023 and will be based in New York.
PGIM Real Estate – James Footh has been appointed as a managing director on the global data centre investments portfolio management team. He will have transactional and portfolio management responsibilities for investments made by PGIM Real Estate in the data centre sector. Based in Seattle, Footh will report into Morgan Laughlin, PGIM Real Estate’s head of Japan and global head of data centre investments. Footh joins from Amazon Web Services, where among other roles he was responsible for all data centre infrastructure development and portfolio oversight of AWS data centres in the western half of the US, Canada and Latin America, EMEA and Asia Pacific regions. He brings more than 30 years of real estate experience to the role, having worked for a range of market participants in the US and Europe before joining AWS.
Downing – The sustainable investment manager has appointed Richard Booth to its capital solutions team as a fund manager. The former director at M&G will join will link up with Downing’s head of Downing capital solutions, Paul Taylor, and Nick Burley. Booth previously spent 10 years at M&G working as a fund manager and director focusing on fixed-income opportunities. Prior to M&G, Booth spent 10 years at KPMG.
Sienna Real Estate – The pan-European investment manager has appointed Henry Timmis and Chris Rees as co-managing directors of Sienna Real Estate UK. Timmis recently joined following 11 years in the , Savills Central London investment team. Rees recently joined from Praxis, having previously held investment and asset management roles at major UK REITs. Timmis and Rees are taking over from Richard Linnell and Sarina Dwek who, following the successful set up of Sienna Real Estate’s UK office, will be departing to set up their own independent advisory business.
NextEnergy Solar Fund – Helen Mahy has been appointed to the board as a non-executive director with effect from 1 April 2023. Mahy will succeed Kevin Lyon as chairman from the next AGM in August 2023. Lyon has been chairman of NESF since the company’s IPO in 2014. Mahy recently retired as chairman of The Renewables Infrastructure Group. She currently sits as a non-executive director of SSE and Gowling WLG UK, whilst also serving as a commissioner for The Equality and Human Rights Commission. Mahy has previously served as group general counsel and company secretary of the National Grid.
Get Living – Ailish Christian-West has been promoted to chief operating officer. Christian-West moves from her previous role of executive director, portfolio management, development and ESG at Get Living. As COO, she will continue to provide strategic leadership to portfolio management, development and ESG, retaining her current team structure and reporting into CEO, Rick De Blaby. Since joining Get Living in 2020, Christian-West has built a highly performing and diverse real estate team of 20 people. Christian-West remains chair of Get Living’s ESG committee, leading the company’s strategy for a net zero future. Ailish joined Get Living from Landsec where she spent 12 years of her career. Prior to joining Landsec, she spent ten years in fund management, including roles at La Salle Investment Management and Invista. She is also a former President of Revo.
Investa Property – Adam Crowe has been appointed chief investment officer and will take up his new role early next year. Crowe joins from Lendlease where he was executive director, organisation. He had also previously held the position of head of investment and capital markets at Lendlease. Prior to Lendlease, Crowe spent 15 years at Mirvac, where he was involved in research, investor relations, transactions, development and funds management across the commercial, industrial, retail, residential asset classes.
Palladius Capital Management – Afshin Kateb has been appointed chief financial officer and head of hospitality investments. In his new roles, Kateb, based out of the firm’s Los Angeles office, is responsible for overseeing the firm’s finance, accounting and risk management departments as well as its multifamily asset management team. He also serves as a member of the firm’s investment committee and heads the hospitality investment arm of Palladius and its sister funds. Prior to joining Palladius, Kateb served as the founding CFO of Nimes Real Estate. Kateb previously served as CFO and principal at SBE. Prior to this, Kateb served as SVP and fund portfolio manager at Lowe Enterprises Investors. Kateb previously served as founding CFO and executive member of The KOR Group, an institutional commercial real estate platform concentrating on hotel, multifamily, and mixed-use development investments. He also served as a senior management consultant at Ernst & Young. He Kateb currently serves on the boards of Woodbury University, Cal Poly Pomona Collins School of Hospitality Management and Mogul Recruiter and is a regular guest lecturer at the UCLA Anderson School of Management, the University of California Berkeley, and Cal Poly Pomona.
KlaraBo – Jenny Appenrodt has announced that she has decided to leave her position as CFO of the residential real esate firm. Appenrodt will remain in her role for the next six months, or until a replacement is recruited.
Gresham House – Simon Adcock has been appointed head of portfolio and co-fund manager for the asset manager’s sustainable infrastructure strategy. Adcock joins Gresham House from Bowmark Capital where he was a partner and head of portfolio and sat on the investment committee. Prior to Bowmark, Adcock spent three years at Lloyds Development Capital, where he was senior portfolio director. Adcock previously gained almost 20 years’ experience working as an advisor, initially at KPMG before moving to Deloitte where he was a partner for five years.
KanAm Grund Real Estate Asset Management – Sascha Schadly and Anthony Bull-Diamond have been appointed to the management board. They will be joining Olivier Catusse and Hans-Joachim Kleinert in the management team starting from the new year. Schadly will be responsible for the firm’s relationship management with German investors and Bull-Diamond is to head the division in charge of corporate real estate investments in Europe (ex France and Germany). Schadly has been working with KanAm Grund Group for 17 years now. As managing director at KanAm Grund Institutional Kapitalverwaltungsgesellschaft, he has been responsible for the areas of investment fund management, business development and sales/investor relationship management in Germany since 2016. He has also been MD of KanAm Grund Kapital-verwaltungsgesellschaft, with responsibility for investment fund management, since 2018. Prior to this, he had already worked in the company as a fund manager for ten years. Before he joined the group, he held positions as asset manager and fund manager for closed-ended funds of the cooperative banking group FinanzGruppe, Rabobank and BfG bank. Bull-Diamond joined KanAm Grund Kapitalverwaltungsgesellschaft in 2018 as director, head of investment and asset management. Alongside his new role as managing director at KanAm Grund Real Estate Asset Management, he will continue to work in this position and be responsible for real estate sales and acquisitions in Europe. Prior to his work with KanAm Grund Group, he was a director in the investment management team of TRIUVA Kapitalverwaltungsgesellschaft.
Multi Corporation – The pan-European real estate management services firm has appointed Ertuğrul Acar managing director and Oğuz Ceceli as financial director in Turkey. Acar had been finance director at Multi in Turkey since December 2017. He previously worked as financial advisor at law firm Paksoy and as manager at PwC. Ceceli had been reporting and finance manager at Multi in Turkey since 2013. Prior to joining Multi, Ceceli served as financial controller at Istanbul Sabiha Gokcen Airport and as audit senior at EY.