Glenn Aaronson of Morgan Stanley Real Estate has been appointed the new ceo of Dutch-based property company Multi Corporation. He replaces Arnold de Haan who announced last month he will step down at the end of May this year. Aaronson will be responsible for overseeing the company's day-to-day operations in 20 countries and will report to chairman of the board Hans van Veggel, Multi Development said in a statement.
Glenn Aaronson of Morgan Stanley Real Estate has been appointed the new ceo of Dutch-based property company Multi Corporation. He replaces Arnold de Haan who announced last month he will step down at the end of May this year. Aaronson will be responsible for overseeing the company's day-to-day operations in 20 countries and will report to chairman of the board Hans van Veggel, Multi Development said in a statement.
Aaronson has spent 11 years at Morgan Stanley Real Estate, where most recently he was a managing director and head of investing for Holland and Germany. His other responsibilities included serving as co-head of real estate asset management activities for Morgan Stanley Real Estate's MSREF and Special Situation Fund III investment funds. During his 27-year career in real estate investing and asset management, Aaronson has also worked for Credit Suisse First Boston in real estate investing.
Morgan Stanley Real Estate acquired Multi Development in 2005. Commenting on Aaronson's appointment, Van Veggel said: 'We have, over the past two years, worked very closely with Glenn in his capacity as board member and asset manager and are confident that his deep knowledge of the company will serve it and all its stakeholders well going forward.'
Multi Corporation is a property company in Europe that develops, owns and operates shopping centres, offices and mixed-use projects - through its subsidiaries - Multi Development, Multi Investment, Multi Asset Management and Multi Mall Management. De Haan announced in late March that he was stepping down.
