AXA Real Estate Investment Managers has appointed European transaction head Riccardo Dallolio to oversee the alternatives business line.
AXA Real Estate Investment Managers has appointed European transaction head Riccardo Dallolio to oversee the alternatives business line.
The new business unit was launched by AXA Real Estate in October 2012 in response to increasing demand from investors for exposure to alternative assets such as healthcare and student accommodation and is now being expanded to include hotels, data centres, residential, forest and other specific situations.
Dallolio, who joined AXA Real Estate in 2011 as head of European transactions, has over 15 years’ experience in the real estate industry.
Laurent Jacquemin, who is currently global head of corporate finance and has over 14 years’ experience in the real estate industry, will replace Dallolio as head of European transactions.
Philippe de Martel will be promoted from head of corporate finance France to replace Jacquemin as global head of corporate finance. De Martel has over 13 years’ experience in corporate finance and transactions advisory and structuring, and will be responsible for overseeing new product development and structuring, property finance and coordination of complex transactions in Europe, Asia and the US.
AXA Real Estate Investment Managers has over €46 bn of assets under management as of June 2013.