People moves: Schroders appoints Howard head of real estate debt [updated]

DRC Capital, Schroders, Cushman & Wakefield, LaSalle Investment Management, PGIM Real Estate, View Inc, MMX Retail, JLL India, Hines, M&G Real Estate, Cromwell Property, Aberdeen Standard Investments, CBRE Global Investors, Optimum Asset Management, Impax Asset Management, The Howard de Walden Estate, Statkraft, ULI, LPPI, DIC Asset, KGAL, GEG German Estate, Colliers Intenational

Schroders –  Natalie Howard has been appointed head of real estate debt. Based in London, Howard will be responsible for building a full service, real estate debt platform offering clients the complete range of risk and return investing throughout the real estate debt spectrum. She joins from DRC Capital where she was a partner and worked from 2018. Prior to that, Howard was head of real estate at AgFe Group.

Global Mutual – The real estate manager has appointed Ritchie Gardiner and Mark Carrington as managing directors. Gardiner, who has been with the firm for five years, most recently as Principal. Carrington joins from Goldman Sachs, where he was head of UK real estate asset management. The manager has created the roles to help the firm to continue its growth plans to expand the portfolio and client base.

Colliers International – Malcom Tyson has been appointed as Australia CEO. Tyson has been a senior member of Colliers’ Australian and New Zealand executive leadership team since 2005 and held a variety of executive and operational roles. He will take over the position of CEO from John Kenny, who was appointed as Asia Pacific CEO after 15 years in the Australian role.  

Cushman & Wakefield – Michelle Gloder has been appointed head of customer experience within the UK asset Services team. Gloder joins from Dixons Carphone where, as head of customer experience. She has held various strategy, design and implementation roles during her 25 years in the retail, services and telecoms sectors.

LaSalle Investment Management – David DeVos has been appointed global ESG head, and Elena Alschuler has joined the firm as VP of sustainability in the Americas. Prior to joining LaSalle, DeVos worked for PGIM Real Estate as the firm’s chief sustainability officer. Prior to PGIM, he worked in architectural and sustainability-focused roles for Kohl’s Department Stores. Alschuler will partner with DeVos and act as a central leader for LaSalle’s North America sustainability initiatives. She joins LaSalle from View Inc., where she led real estate activities including the firm’s strategy and execution to scale adoption of smart glass in the office and multifamily sectors across the US and Canada. Prior to View Alschuler worked at the US Department of Energy in Washington, DC as a building technologies project manager, as well as the MIT Department of Urban Studies & Planning in Cambridge, Massachusetts, and HR&A Advisors in New York.

JLL – The real estate services firm has appointed Tom Woolhouse to the newly created role of head of logistics, industrial and supply chain, Asia Pacific. Based in Singapore, Woolhouse will be responsible for expanding and enhancing JLL Asia Pacific’s capabilities across the entire value chain of this strategically important sector. He will also serve as a member of JLL’s global industrials board. Woolhouse joins JLL from CBRE UK where he served as a senior director, leading the industrial and logistics capital markets team in the UK. Prior to CBRE, he was a partner at Montagu Evans. Ken Sakuramoto has joined JLL as head of equity advisory, Japan, to focus on major international and institutional client coverage. He will also serve on JLL’s global and regional client programme. His international capital responsibilities will also extend to outbound capital coverage of Japanese investors already active – and looking to increase offshore investment. Sakuramoto joins JLL from Eastdil Secured where he was managing director, head of Japan. Previously, he worked with Bank of America Merrill Lynch, where he was responsible for all client relationships within the listed/private real estate sector and J-REITs space.

DIC Asset – Tim Van den Brande has joined GEG German Estate, the institutional business division of DIC, as member of the management board. He will focus on institutional investor fundraising and on opening up new market opportunities in the asset management business. Van den Brande recently served as head of institutional capital raising for the regions France, Benelux and Asia-Pacific with asset manager KGAL.

He previously worked in several international investment banks, including as head of France and Benelux for Kleinwort Benson in Munich and London, and as executive director for JP Morgan in London.

JLL India – Radha Dhir will succeed Ramesh Nair as CEO on 25 January. Dhir was previously group president at Yes Bank, where she headed multinational corporate banking. Prior to that, she was managing director, head of global subsidiary coverage group, Deutsche Bank India, and a member of the Deutsche Bank India executive committee. Nair, who is leaving to pursue opportunities outside the firm, joined JLL as an analyst in 1999, and rose through the ranks to become CEO of the India business in 2017.

MMX Retail –  Rob Williams, Filippa Mudd and Henry Foreman have joined the consultancy from BNP Paribas Real Estate where they worked on a mix of institutional, developer and local authority-owned high street, retail and leisure destinations.

Hines – Ng Chiang Ling has joined Hines as Asia CIO from M&G Real Estate. As part of her new role, she will sit on the Hines executive and investment committees and will be based in Hines’ Singapore office. Prior to joining M&G Real Estate, Ng worked in the real estate private equity division of Goldman Sachs.

Cromwell Property – Pertti Vanhanen has been appointed Europe managing director. Vanhanen, who replaces Mark McLaughlin, was most recently global co-head of real estate at Aberdeen Standard Investments. Vanhanen will be based in London. McLaughlin will leave the business, at the end of March, after 20 years. He was appointed managing director of the European business in October 2017.

Optimum Asset Management – The boutique real estate investment manager has appointed Nick Hill as head of distribution to build on the firm’s institutional client base and drive fund raising activity. Hill joins from CBRE Global Investors, where he was responsible for infrastructure capital raising, client maintenance, and product development during an eight-year period with the firm, latterly as investment services director. Prior to joining CBRE, he worked in client-facing roles at Aviva Investors, Matrix Property Fund Management, and Jupiter Asset Management.

Impax Asset Management – The specialist asset manager has appointed Sean Maguire to join its private equity/infrastructure team in London as a managing director. Maguire will be primarily focused on sourcing and executing new investment opportunities. Maguire worked in renewables with Airtricity before joining Element Power in 2010 where he was Commercial Director. He joined Statkraft after it acquired his previous employer Element Power two years ago. At Statkraft Maguire led a pan-European Commercial team during a period of rapid growth for the Statkraft business.

Local Pensions Partnership Investments – Louise Warden has been promoted to lead the UK local authority pensions pools real estate business. In her new role Warden is responsible for managing LPPI’s real estate portfolio as part of achieving asset management and capital deployment objectives. She joined the LPPI team as real estate portfolio manager in August 2019. Before LPPI, she was responsible for managing the direct and indirect property portfolios of West Yorkshire Pension Fund. Previously Warden worked for the sovereign wealth fund of Abu Dhabi.

Urban Land Institute – Kevin Nowlan, CEO of Hibernia REIT, has been appointed chair of ULI Ireland. He succeeds Tom Dunne, chairman of the Residential Tenancies Board, and officially began his two-year term on 1 January 2021. As Chair of ULI Ireland, Nowlan aims to leverage ULI’s global and multi-disciplinary network and knowledge base to contribute to some of the most pertinent challenges in Ireland, including the delivery of housing, especially affordable housing, by collecting and sharing global best practices.

The Howard de Walden Estate – Karl Sternberg has joined the company’s board as a non-executive director. Sternberg was a founding partner of institutional asset manager Oxford Investment Partners, and has also served as a non-executive on a number of listed company boards such as Jupiter Fund Management and Monks Investment Trust. He was appointed to the board in December 2020 to replace Christopher Howes who is stepping down as a non-executive director after 18 years.