AEW has appointed Jeffrey King as fund manager of Eurocore, its largest open-ended pan-European core fund.
King, who will be based in Frankfurt, will lead the management of Eurocore working alongside Christina Ofschonka and the wider fund team. He will have overall responsibility for fund strategy, portfolio construction and client relationships.
Ofschonka has been promoted to head of AEW Germany effective from November this year and will work closely with King during the transition period and beyond.
Eurocore was established in 2020 to capitalize on the changing demand for real estate being brought about by urbanisation, demographic changes and the rise of new technologies in Europe’s major cities. The fund has raised €527.5 mln to date and comprises a portfolio of assets diversified across logistics, life sciences and the living sector in seven countries (France, Germany, Austria, Italy, the Netherlands, Denmark, and Spain).
King has over 15 years’ experience in the European real estate industry and joins AEW from DWS where he was head of Portfolio Management for residential strategies. Prior to that he spent over seven years at Aviva Investors as fund manager of its pan-European open ended core fund Encore+. He also spent five years at CBRE in the valuations team.
