Pioneer Group, Bouwinvest, Mirvac, Paref Group, BlackRock, Enterprize Energy, YIT, Center Creek Capital, asr, Ivanhoé Cambridge, Cornerstone Investment Management, Unibail-Rodamco, Delin Property, Round Hill Capital, DIF, CBRE, JLL
Mirvac – The Australian property group has appointed Campbell Hanan as its next group CEO and managing director to succeed Susan Lloyd-Hurwitz, who is retiring in June 2023. Hanan is currently head of Mirvac’s integrated investment portfolio, and has been a member of the executive leadership team since he joined Mirvac in 2016. Hanan joined Mirvac from Investa. He will take up the appointment from early March 2023.
Pioneer Group – The UK’s largest operator and developer of lab space, has appointed former BlackRock director Fred Reynolds to assist in the company’s continued expansion. Thr group has also hired Roslin Innovation Centre’s former CEO, John Mackenzie as director of operations in Scotland and appointed Subjit Jassy, founder of Precedent REAL and former partner of Resolution Property, as director of development and asset management. Reynolds has spent the last 19 years at BlackRock where he was responsible for assisting in the management of the BlackRock UK Property Fund. At Pioneer Group, Reynolds will be responsible for assisting the asset management platform and managing the development pipeline of modern life science facilities. Mackenzie has spent 21 years working on knowledge exchange, venture creation and incubation at the interface between university and business at University of Dundee, with the last seven years at the University of Edinburgh’s Easter Bush Campus. In his new role, MacKenzie will be responsible for driving the strategic development of Pioneer Group’s science parks in Scotland, including Edinburgh Technopole and BioCity Glasgow. Jassy spent the past four years working as a consultant for the likes of Capital & Regional, Orion Capital Managers and Quadrant Estates. In his new role, Jassy will be responsible for development and asset management across Pioneer Group’s assets in the southeast of England.
Ivanhoé Cambridge – Rodney Fung, head of portfolio and asset management, Asia-Pacific, has been appointed to head the global real estate investor’s newly opened office in Sydney, Australia. He will be supported by Edwin Tong, who joined Ivanhoé Cambridge in the summer of 2022 as director of investments and asset management, Asia-Pacific. Fund joined Ivanhoé Cambridge in 2016 and leads the portfolio and asset management activities in APAC. Prior to Ivanhoé Cambridge, Fung held various portfolio management roles at Goodman Group in Hong Kong and Macquarie Group in Sydney and Hong Kong. Tong joined Ivanhoé Cambridge from Singapore. There, he held various real estate strategy consulting, transaction and portfolio management roles covering the Asia-Pacific region. He has worked across multiple asset classes and has extensive experience in the life sciences and tech sectors. Before that, he was based in Sydney and worked for Grant Samuel and Pepper Financial Services in their real estate advisory business. Ivanhoé Cambridge has also adopted a new, more integrated and agile organisational structure. This includes the appointment of Chanakya Chakravarti as head of indirect strategies, Asia-Pacific. He will continue to be based in Mumbai. In addition to his role in India, Chakravarti now assumes responsibility for funds, co-investments as well as the company’s interests in listed investments. Laurent Fischler, head of investments, Asia-Pacific has moved to the Singapore office where he continues to oversee direct investments in the region, while working closely with partners and stakeholders to implement and execute Ivanhoé Cambridge’s investment strategies.
DIF Capital Partners – Tom Goossens and Vincent Liu have been promoted from managing director to partner. Goossens and Liu, who joined DIF in 2014 and 2016 respectively, have been leading several landmark investments over the years and have played a key role in further building the presence of DIF in their respective markets. Goossens has been covering the UK, Ireland and Scandinavia, while Liu deals with North America. Zaina Ahmed-Karim joined DIF on 1 September to succeed Robert Doekes who retired as a partner after 13 years in his role as CFO. She will be responsible for finance and investor reporting, as well as tax, treasury, IT and operations. Ahmed-Karim was previously CFO of Dasym, an investment management boutique firm. Prior to that, she spent 25 years at EY, 13 years of which as senior audit partner in the financial services group.
Paref Group – Jia Wang has been appointed group deputy CFO and joins the group executive committee. She started her career in 2011 at Schneider Electric in internal audit and financial control. In 2017, she joined Paref Group, where she led various subjects, such as financing, financial controlling and financial communication.
IPSX – The real estate stock exchange has appointed Jonathan Baines as a senior adviser to its capital markets team, to grow the stock exchange’s network of sovereign wealth funds, institutional investors, family offices and private investors in the UK and Europe. Baines has worked with a number of real estate investment and fund management firms in his 40-year career, including 16 years at Cushman & Wakefield, followed by The Government of Singapore Investment Corporation, Colliers International, and the London International Investment Office. He has acted as an adviser to global institutions, sovereign wealth funds, institutional investors, high-net-worth individuals and family offices on all aspects relating to investing in commercial and residential real estate in London, the UK and Europe. Darius Divwalla has been appointed as a director in the origination team, where he will support head of origination, Rupert Snuggs, to advise real estate owners and investors seeking to access investment and liquidity opportunities on IPSX. Divwalla will work with issuers looking to benefit from the alternative capital markets venue to raise capital at supportive valuations via an admission on the exchange. Divwalla joins IPSX from Cornerstone Investment Management, where he was involved in the firm’s private equity real estate investment strategies as well as the execution of complex transactions. Prior to this, he was group CIO at Chelsfield, where he managed investments and business development for over 13 years. He has also held positions at Henderson Global Investors and DTZ Debenham Tie Leung.
ASR Real Estate – Alexandra Rosian has joined the firm as fund manager of the ASR Dutch Mobility Office Fund. In this role, she will be the primary point of contact for the fund’s investors in the Netherlands and around the world. In close cooperation with the fund management team, she will work to further expand the ASR Dutch Mobility Office Fund and advance its aim to invest in offices located at key public transport hubs in the Netherlands. Rosian began her real estate career 14 years ago at Unibail-Rodamco, where she fulfilled various roles including asset manager with responsibility for the Dutch office portfolio. After a year at OVG (now EDGE), she moved in 2017 to Colliers where she was responsible for retail investments and laid the foundation for Colliers’ retail capital markets division. She returned to the office segment in 2022, via an internal transfer to asset and property management of office portfolios at Colliers.
CBRE – Nat Heald has joined CBRE capital markets as executive vice-president to focus on institutional sales of retail assets in the Northeast US. Heald has more than 15 years of experience in the commercial real estate industry and specialises in the sale of retail real estate including grocery-anchored shopping centres, urban retail properties and large single-tenant assets. Based in Boston, he has been involved in over $6bn of retail property sales in the US since 2005. Heald joins CBRE from JLL, where he served as managing director in the firm’s capital markets team since 2015. Before that, he was a senior vice-president with CBRE in New England, primarily focused on the Northeast region.
Delin Property – The European logistics warehouse specialist, has appointed Raffi Killian as head of investments to support its expansion into real estate fund management for institutional investors. Killian joins from Round Hill Capital, where most recently he led its Irish residential property investment strategy. Prior to this he was the portfolio manager for a fund, acquiring 10 assets in Europe with a GAV of €250m. Killian joined Heitman after a nine-month spell at Deloitte focused on real estate advisory services. During his dozen years at Heitman he sourced and led the underwriting and due diligence for more than $2bn of investment transactions across multiple asset classes.
Bouwinvest – The real estate investor has appointed Marleen Bosma as chief client officer. Bosma will be responsible for investor services and the growth of entrusted capital. She will lead the client and business diversification strategy and further shape Bouwinvest as a multi-client investment manager. Bosma consequently joins the Bouwinvest executive board of directors. She has worked at Bouwinvest since 2016, until early 2022 as head of research and strategic advisory. Before joining Bouwinvest, Bosma was jointly responsible for international listed and private real estate investments at Blue Sky Group. Prior to that, she worked in various positions at Syntrus Achmea Real Estate & Finance, the Phillips Pension Fund and FGH Bank.
YIT – The development and construction company has appointed Heikki Vuorenmaa as president and CEO. Markku Moilanen will step down from his current position as president and CEO by the end of November and continue as senior adviser until the end of the year. Vuorenmaa has worked at YIT as executive VP, paving and a member of the group management team during 2017–2020. He currently works at McKinsey & Company as associate partner, transformations.
Center Creek Capital – The US housing-focused investment firm has hired Megan McNulty as director of portfolio management and promoted Akzahara McConaghy to the role of director of operations for the Center Creek Housing Funds. McNulty will oversee Center Creek’s deployment strategy and acquisitions team, scaling the firm’s portfolio as it preserves and maintains affordability on hundreds of single-family rental homes across the southeastern US. McConaghy will lead on-the-ground property renovation work, turnover management, and leasing operations across the firm’s portfolio. McNulty was the VP of investments at The Promise Homes Company, where she worked exclusively in the single-family rental space. Previously, she was a portfolio manager in private banking at Merrill Lynch. McConaghy formerly worked as managing director of assets and acquisitions for a private equity firm focusing on distressed multifamily and commercial assets and was also director of operations for a private equity firm investing in the construction of single-family homes.
Enterprize Energy – The low-carbon energy developer has appointed Jérôme Guillet to the board. Guillet was a founder of Green Giraffe in 2010, a pure player renewable energy financial advisory, serving as MD from 2010 to 2021. Before creating Green Giraffe, he worked in the energy project finance teams of Crédit Lyonnais from 1996 to 2002 and Dexia from 2002 to 2010. Guillet will assist Enterprize in managing its global portfolio.