BrightNight, CBRE, Cushman & Wakefield, IFM Investors, Spearmint Energy, YIT Corporation, LGIM, Patrizia, PfP Capital, Allsop, Godwin Developments, Capstone Apartment Partners, Kindred Partners, Colliers, Prologis REIT Management KK, Heitman, Hines, JLL, Varsity Group Asia Pacific, MSCI, PGIM Real Estate, Whitestone REIT, Sunraycer Renewables, Constellation Energy
CBRE – The global real estate advisor has appointed Emma Stratton as a director in its life sciences transactions team. Stratton will focus on landlord agency, covering the London and Cambridge markets, and will be responsible for driving transactional growth and market presence for CBRE in the UK life sciences market. She will be working closely with Chris Williams, in the life sciences occupier advisory team and Luke Hacking and Jeremy Rodale in London & South East Investor Leasing. Stratton joins from Cushman & Wakefield, where she was a partner in the life sciences and specialist markets practice for the UK & Ireland.
PGIM Real Estate – Jamie Shen has been named head of agriculture. Her promotion follows the decision of current head of agriculture Jess Jarratt to retire at the end of 2023. Shen is currently CIO and head of PGIM Real Estate’s agriculture equity business. Since joining in 2017, Shen has been instrumental in the build-out of PGIM Real Estate’s agriculture investment platform. Prior to joining PGIM Real Estate, Shen was an executive vice president and practice leader of alternative investments consulting with Callan Associates. Rachelle Schlesinger will continue to lead the agriculture finance business, reporting to Shen. Chris Jay, chief financial officer and COO, will continue to report to Shen.
Spearmint Energy – The renewable energy company has appointed Cory Magnuson, former VP of finance at BrightNight, as CFO. He will be responsible for managing Spearmint’s financial operations in support of its continued development of battery storage projects across the US. Prior to BrightNight, Magnuson was a director of global energy infrastructure assets at BlackRock. He has also served as a controller on the accounting teams of Novatus Energy, Sithe Global Energy, and Foothills Bank. Loraine Farberg, former director at Kindred Partners and operations associate at Bridgewater Associates, has been appointed chief people officer. Farberg will focus on recruitment, employee engagement, and culture development across the company.
PfP Capital – The social value and ESG-focused real estate fund manager has appointed Jamie Younger as fund manager of Picture Living, the regional private rented sector platform. Younger will replace Tim Saunders, who is retiring after seven years with PfP Capital. He will be instrumental in supporting PfP Capital’s ambitious growth plans, which include scaling the Picture Living strategy. Younger will oversee new acquisitions alongside James Nicholls, who joined PfP Capital in December 2022 from Leaf Living. Younger will also work alongside the senior management team to develop and implement new strategies. Younger joins PfP Capital from Patrizia, where as head of transactions, UK and Ireland, he led a team of seven. He previously held senior roles at GE Capital, Lehman Brothers, and Invesco.
Hines – Kiyohito Motoyama joins Hines as director, logistics and industrial; leading the asset management of acquisitions as director is Saiko Ishii; and Ryo Shiino will assume the director of compliance position. All three will be based in Tokyo, reporting to Jon Tanaka, senior managing director, Japan. Motoyama joins the firm from Mitsubishi Jisho Investment Advisors, where he originated logistics development and forward commitment acquisitions. Previously, he worked at Mitsui & Co Logistics Partners and Fukuoka Realty Company. Ishii was most recently CIO of Prologis REIT Management KK. Prior to joining Hines, Shiino was the Asia Pacific compliance officer for Heitman across Japan, Hong Kong, and South Korea. Previously, he worked for 18 years collectively in audit and advisory services with EY and PwC, primarily focusing on the real estate investment industry.
CBRE Investment Management – Dominic Smith has been promoted to UK head of research. Smith will be responsible for overseeing the research capabilities for the UK and providing thought leadership, advising on fund strategy, and supporting investment teams in asset selection. He will manage a team of three in the UK and will report to David Inskip, head of EMEA research. Smith joined the firm in January 2022 as senior director of credit research. Before this, he was at CBRE, where he was responsible for output relating to the capital advisors and valuations business within the UK research team. He has over 20 years of commercial real estate experience.
JLL – Luke Billiau has been promoted to lead Jll’s capital market platform in Australia & New Zealand. As head of capital markets, Billiau will be responsible for a national team of over 140 professionals across Australia across all major asset classes including office, retail, logistics, living and alternatives. Most recently, he was concurrently head of capital markets – New South Wales and head of office investments - Australia. Billiau joined JLL in 2007 in Brisbane and relocated to Sydney in late 2019 to assume the role of head of capital markets - NSW. Prior to NSW, he was a senior director of the Queensland capital markets team and had a senior role leading the state’s valuations and Advisory division of JLL.
Allsop – The UK property consultancy has appointed Seb Verity in the newly created role of head of research. Verity joins Allsop from the estate agency Chestertons, where he was head of research, following four years as a director in Savills’ residential research and insight teams. Prior to that, Verity spent five years at Knight Frank as its head of research consultancy.
Varsity Group Asia Pacific – Varun Malik will join the alternative asset manager in July as director responsible for overseeing business development. Malik is joining from MSCI, where he was the head of real assets for Asia Pacific. Prior to that, he was a career banker with Mitsubishi UFG and Standard Chartered Bank.
Whitestone REIT – Julia Buthman has joined the NYSE-listed community-centred real estate investment REITs board of trustees. Buthman is a former managing director at Prudential Private Capital and has experience on both non-profit and for-profit boards.
YIT Corporation – Jennie Stenbom has been appointed EVP, human resources and member of the group management team. Tanja Kauhajärvi, VP, employment relations and services, has been appointed as interim EVP of HR and member of the management team. YIT’s current EVP, human resources Katja Ahlstedt has decided to leave the company. Stenbom has previously worked as SVP, people and culture, HR in Kesko, building and technical trade division as well as chief people officer and member of the management team in Kamux Corporation.
LGIM – John Carey has been appointed head of Europe infrastructure debt. Carey will work in conjunction with Charles-Henry Lecointe, head of infrastructure debt, North America, to accelerate LGIM’s global infrastructure debt. He will also support the private credit management team in the formulation of its investment strategy for European borrowers, as part of the team’s ambition to bring in new investment opportunities for clients, including pension funds, insurance companies and consultants. Previously Carey spent over eight years at IFM Investors, most recently as executive director, debt investments where his role focused on deploying institutional capital into pan-European infrastructure debt. Prior to this, he held numerous infrastructure-focused roles with Moody’s, Barclays, FGIC and KPMG.
Cushman & Wakefield – A multifamily brokerage team in Colorado Springs, Colorado led by Pat Knowlton along with Jeff Dimmen, Lee Wagner and Nic Polaski has joined the firm from Capstone Apartment Partners. The team’s primary role is providing full-service solutions to multifamily investors and developers in the Colorado and New Mexico markets. Knowlton, who has joined as an executive director, specialises in existing multifamily property acquisitions and dispositions as well as new multifamily land development opportunities. Knowlton spent the last 5 years at Capstone Apartment as director and partner. Senior director Dimmen has an extensive network of relationships in the community and provides a unique insight into the local market. Wagner, an experienced multifamily advisor, has been named director. Polaski, has been appointed associate and will focus ob creating long term relationships with clients and helping them achieve their short- and long-term multifamily investment goals.
IFM Investors – The Australia-based infrastructure fund manager has appointed former PGIM and BlackRock director John Gee-Grant to lead its global client solutions business in a newly created role. Gee-Grant, who will be based in London, will help the Australian pensions-owned investment manager build partnerships with clients and investors globally. Gee-Grant left PGIM last year after nearly five years as managing director and head of international distribution and global consultant relations at PGIM Quantitative Solutions. Prior to joining PGIM, he spent over 30 years at BlackRock working as managing director, a member of the global and regional institutional executive committees and led consultant relations globally. He also held leadership roles in research, marketing and institutional client relationship management.
Sunraycer Renewables – The renewable energy platform has appointed David Lillefloren as CEO. Lillefloren will be responsible for overseeing and growing Sunraycer’s renewable energy platform, including its efforts to acquire and develop solar and battery storage projects in the US. Lillefloren previously worked for Constellation Energy as a director in the asset management and power services group for 18 years. Most recently at Constellation, he was responsible for the power services group which focuses on third-party O&M services.
Colliers – Peter F Cohen has retired from the Colliers board of directors after more than 33 years of service. John P Curtin Jr, a member of the board since 2015, will assume the role of lead director. Edward Waitzer has been appointed to the board. Waitzer was a long-time partner of Stikeman Elliott until his retirement in 2021, including serving as chair of the firm from 1999 to 2006. Waitzer was also a professor and the Jarislowsky Dimma Mooney chair in corporate governance at Osgoode Hall Law School and the Schulich School of Business at York University.
Godwin Developments – The UK property firm has promoted Marcus Phayer to the position of industrial and logistics development director. Phayer heads up Godwin’s industrial and logistics division.
- Capstone Apartment Partners
- Constellation Energy
- Cushman & Wakefield
- Godwin Developments
- IFM Investors
- Kindred Partners
- Life sciences
- PfP Capital
- PGIM Real Estate
- Prologis REIT Management KK
- Spearmint Energy
- Sunraycer Renewables
- Varsity Group Asia Pacific
- Whitestone REIT
- YIT Corporation