Arrow Capital Partners, a specialist investor, developer and manager of real estate in Europe and Asia-Pacific, has appointed Cormac Dunne as head of transactions, Europe.
In this role, Dunne will be responsible for originating investment opportunities across Europe, with particular focus on the UK, Netherlands, Spain, Germany, Nordics and Ireland, working closely with Arrow’s regional European heads and local teams to originate transactions for its five key growth strategies. He will be based in Arrow’s London office.
The move is part of a broader initiative to both grow and diversify Arrow Capital Partners’ European business across five key strategies, targeting value add/opportunistic, core plus, special situations, high yield structured solutions, as well as investment into its €3 bn pan European urban logistics platform.
In his previous role at Arrow as head of Ireland, he sourced and acquired a value-accretive Irish portfolio for Arrow’s Sire joint venture. He brings a huge amount of international expertise to the team, with more than 20 years of commercial real estate investment experience working in senior positions at a range of global businesses, including Pepper Advantage, Warren Private Clients, Mirvac and Savills.
Commenting on the appointment, Martyn McCarthy, managing partner at Arrow Capital Partners, said: 'We are delighted to welcome Cormac back to the business. He did a fantastic job for us sourcing investment deals as Head of Ireland and we are now looking forward to him extending this success across our five investment strategies in Europe.'
He added: 'As the market enters the next phase, we’re seeing multiple opportunities to expand and diversify our business by calling on the investment, asset management and work-out skills of our team that were honed during the previous financial crisis. We are now well positioned to deploy capital across the entire risk-return spectrum and capital structure. This approach broadens our service offering and enables us to provide attractive return opportunities for our capital providers.'