People moves: Lim joins Nuveen Real Estate in Australia from CBRE [updated]
CBRE Global Investors, Bouwinvest Real Estate, Astarte Capital Partners, Citigroup, Nuveen Real Estate, Piedmont Office Realty Trust, London CIV, LIG Assets, Cushman & Wakefield, Addington Capital, Columbia Threadneedle, Generali Real Estate
Nuveen Real Estate – Steven Lim has joined the manager as senior director, debt strategies in Australia. Lim will work across the Asia-Pacific commercial real estate debt platform, with a focus on transactional execution, third-party relations, loan management and portfolio reporting. Lim joins from CBRE, where he was part of its capital advisory team, specialising in debt transactions.
CBRE Global Investors – Jeroen de Grunt has been appointed portfolio manager for the CBRE open-ended pan-European core fund. He will be responsible for carrying out the overall portfolio and transactions management for the fund. He joined CBRE GI in 2014 as senior portfolio director, separate accounts continental Europe EMEA. Prior to CBRE GI, he worked for Bouwinvest Real Estate Investment Management as senior portfolio manager Asia/Europe. He has also worked at KPMG Corporate Finance, responsible for the real estate division.
Astarte Capital Partners – The alternatives co-investment platform has appointed Omar Habboush to its business development team as an associate. Habboush worked for seven years at Citigroup in London, where he was part of the institutional sales team. Prior to that Habboush focused on operations, risk, regulation and balance sheet management within Citigroup’s fixed income sales team.
Generali Real Estate – Lukas Jeckel has been appointed head of central, northern Europe region, comprising Germany, Austria and Switzerland. He succeeds Martin Schramm, who is leaving the Generali Group after 9 years, during which he was pivotal in developing the real estate portfolio of Generali in Germany. Jeckel joined Generali Real Estate in 2010, and most recently was responsible for asset management activities in the Central Northern Europe region. In his new head of region role, he will also maintain the asset management responsibility in the region. Jeckel started his career in 1998.
Piedmont Office Realty Trust – George M Wells has been promoted to executive vice-president of real estate operations, to oversee all property management and asset management areas of the company, after recent senior management restructuring. Alex Valente, who most recently served as senior vice-president of Piedmont’s midwest region, has relocated to Atlanta to serve as EVP of the company’s southeast region, the position most recently held by Wells.
LIG Assets – Dakota Forgione has been appointed CEO and member of the board of directors. Outgoing CEO Alan Gillis will remain with the company as president of Live Stor America and as a member of the board of directors, where he will focus on the growth of the logistics business. Forgione will be joined by Robert Linagen as new members of the board of directors of Lig Assets. Dakota Forgione has a strong background in the energy and infrastructure sectors where she has been active both as a corporate executive and principal. Linagen has an extensive background in residential rental and real estate development.
Cushman & Wakefield – The real estate services firm’s joint venture in the Kingdom of Saudi Arabia, has appointed Mike Moore as its new CEO. Moore succeeds Richard Naylor who is returning to the UK after eight years in the role. Moore was previously operations director at Cushman & Wakefield Saudi Arabia.
Addington Capital – David Dalrymple has joined the property investment and asset management specialist as a salaried partner. Dalrymple joins from Columbia Threadneedle Property Investments where he was a senior asset manager specialising in the UK real estate market. Dalrymple will be primarily responsible for looking after assets in the office sector.
London CIV – The £36bn local authority pension asset pool said is planning to hire a real assets head to lead its yet-to-be-launched real estate and infrastructure funds. In the report, which provides a quarterly update on developments at the London CIV in creating sub-funds, stated that it will “shortly move to recruit a head of real assets”.