Apex Group, DWS, Aviva Investors Real Assets, EP Infrastructure, Knight Frank, Aegon Asset Management, Nordic Proptech Investment Services, QleanAir, Kingstone Real Estate, Prologis, NBIM, KIC, Stockland, CPP Investments, BLME, Investec, ABC Bank, NREP, Terraformation
Prologis – Karsten Kallevig, the former real estate CIO at Norges Bank Investment Management (NBIM) is joining the logistics real estate firm as managing director, global strategic capital. Kallevig, who joins Prologis in October will oversee the company’s strategic capital business, which includes 10 co-investment ventures in the US, Latin America, Europe and Asia. Kallevig joined the real estate program at NBIM at its inception in 2010 as global head of real estate asset strategies. He later served as CIO for real estate and as CEO of Norges Bank Real Estate Management. Most recently, he was special advisor to the CEO of NBIM. Kallevig previously held leadership roles with Grove International Partners and Soros Fund Management in Tokyo and London.
DWS – The asset manager has appointed Issie Armstrong as a senior real estate investment specialist. Armstrong has been named senior coverage specialist in its London-based real estate investment specialist team, reporting to Ulrich von Creytz, head of real estate coverage specialists for Europe. Armstrong’s responsibilities include providing real estate investment and product expertise to deliver positive outcomes for investors and prospects, as well as developing strategic partnerships with global investors for real estate joint ventures and identifying potential new investment products and solutions. Most recently, Armstrong was an investment director within the Aviva Investors Real Assets investment specialists team. Prior to this, Armstrong was a client executive at LaSalle Investment Management where she focused on creating and managing relationships with prospective investors and investment consultants in the Netherlands, UK and Ireland. She also participates in a number of industry initiatives focused on diversity and inclusion and is a member of the Association of Real Estate Funds’ diversity and inclusion task force advisory group.
Korea Investment Corporation – Cha Hoon has been appointed senior manager, to head real estate investment in a major staff restructuring under new president, Jin Seung-ho. The Korean sovereign wealth fund has appointed Choi Seojin as head of infrastructure. Cha succeeds Lee Seungkul, who has been named head of the newly-created Future Strategy Group. Before joining the fund in 2012, Cha worked with The Carlyle Group after a stint with Goldman Sachs. Choi, who had been based in KIC’s New York office, previously worked at Macquarie Capital.
EP Infrastructure – The European energy infrastructure utility has appointed Gary Mazzotti CEO. Mazzotti has served as vice-chairman of the firm’s board of directors since 2017, holding responsibilities for finance, controlling and investor relations. He was also actively involved in the company’s clean energy transformation programme, including the commitment to eliminate the use of coal as a primary energy source by 2030. As CEO Mazzotti will be responsible for implementing the company’s essential twin strategies of ensuring the continued provision of reliable and affordable energy infrastructure services and supplies and thus contributing to the energy security of several European countries and taking a leading role in the European development of hydrogen energy to assure Europe’s transition to a low carbon future. Mazzotti succeeds Daniel Křetínský, the founder and chairman of Energetický a Průmyslový Holding, which indirectly owns a 69% stake in EP Infrastructure, who will continue to serve as the chairman of EP Infrastructure.
Stockland – Justin Louis will join the Australian property group as CIO this year. Louis will be tasked with helping Stockland accelerate capital partnerships with institutional investors, such as superannuation funds and global pensions. He was most recently Australian managing director, real estate, with CPP Investments.
Knight Frank – The global property adviser has added Ryan Richards to its commercial research team. Richards joins Knight Frank as an analyst supporting the team in providing market-leading insights and data on the healthcare property sector. He joins Knight Frank from Aegon Asset Management, where he spent almost four years assisting in the management of a healthcare-focused investment fund and produced analysis of the UK healthcare industry. Before that, he worked as an analyst for GVA Real Estate Finance and as a consultant focusing on real asset management at AZH Properties.
NREP – The real estate investment manager based in the Nordics has appointed tech executive Celia Francis to its board of directors. The new appointment reflects NREP’s strategic ambition to change real estate through increased use of data and technology. Francis has held multiple senior leadership roles at a number of technology companies including AltaVista, T-Mobile and social networking company, WeeWorld. For five years, she was CEO of Rated People, a UK online home improvement marketplace that brings together homeowners and tradespeople. Francis currently leads business development at Terraformation.
Apex Group – The global financial services provider has appointed Prakash Kharel, head of real estate, Asia Pacific. Kharel joins Apex in Singapore from Revantage Asia, provider of corporate services to Blackstone’s real estate investment structures and investment entities, where he was head of finance. He brings a wealth of experience in the real estate sector, having held senior finance roles at JLL in Sydney and Singapore.
Kingstone Real Estate – Matthias Dotterweich has been named director of client capital. In this role, he will further build relationships with institutional investors in both equity and debt. He previously served for 14 years as business head of Bayern Mezzaninekapital Fonds II, a real estate mezzanine fund company. His earlier professional career included positions at Bayerische Landesbank in the real estate project management area as well as at Wollert Elmendorff Deutsche Industrie Treuhand (now Deloitte).
Bank of London and The Middle East – The London-based Sharia-compliant bank has hired Andy Thomson as head of real estate. Thomson joins from Secure Trust Bank, where he was head of real estate finance. His focus will be on driving forward the bank’s real estate strategy and helping to solidify the bank’s reputation as a leader in UK real estate financing for clients from the GCC and the UK. His role covers real estate finance, focused on origination of development and investment debt for commercial and residential property. Thomson will also cover real estate investment in which real estate assets in the UK are bought and the equity sold down to high net-worth individuals; providing high value buy-to-let and holiday home mortgages. Thomson is joined by Anna Barratt and Tim Manley, both newly appointed as associate directors within the bank’s real estate finance team. Formerly part of Investec’s structured property finance team, Barratt spent nine years originating and managing lending relationships, funding everything from commercial investment and residential development to planning and strategic land. Manley joins from ABC Bank, where he managed the portfolios of UK real estate clients with a focus on Sharia and conventional banking products.
Nordic Proptech Investment Services – Andreas Göth has been named CEO of the Nordic proptech group including Home Solutions. Göth recently comes from the position as CEO of QleanAir. Throughout his career, he has been working for companies like Skandiabanken, Deutsche Bank, QleanAir Scandinavia.