Private equity firms TPG Capital and Patron Capital have appointed a new boss to the Dutch property owner they jointly acquired in a CMBS work-out last year.

Private equity firms TPG Capital and Patron Capital have appointed a new boss to the Dutch property owner they jointly acquired in a CMBS work-out last year.

The new CEO at Uni-Invest is Bas van Holten, who was chief operations officer at Dutch green office developer OVG Real Estate.

Van Holten and Pieter Roozenboom, chief operations and chief financial officer, will form the management of Uni-Invest, owner of 140 office properties, over 50 warehouses and seven retail outlets in the Netherlands. Up to end-2012, the portfolio generated some €60 mln of annual rent.

Van Holten began his career with Jones Lang LaSalle 11 years ago, serving as a board member for the last three years of his time with the property adviser.

Commenting on his appointment, Van Holten said: 'Company demands are changing. They often require more service than simply the rental of a building; our clients want to rent smaller space on more flexible terms.'