AREA Property Partners (AREA) has appointed Alban Liss to launch the group's new Paris office and lead its French investment activities. Liss joins AREA from Generali Real Estate where he spent six years and was responsible for investments of over EUR 4 bn in real estate assets. In 2008, he was appointed the company's worldwide head of international investments.
AREA Property Partners (AREA) has appointed Alban Liss to launch the group's new Paris office and lead its French investment activities. Liss joins AREA from Generali Real Estate where he spent six years and was responsible for investments of over EUR 4 bn in real estate assets. In 2008, he was appointed the company's worldwide head of international investments.
'France is an important market for us, and we expect to be active as it is well positioned to recover along with other European economies', said William Benjamin, managing partner of AREA's European activities.
Over the last 10 years, AREA has invested in portfolios and projects in the US, UK, France, Italy, Germany, Turkey, Romania, Poland and most recently India. It recently raised its 3rd European fund with $1.4 bn ( EUR 95 mln) of equity capital.