BlackRock has announced the launch of a global real estate securities investment platform and the appointment of industry veteran Mark Howard-Johnson as global head.
BlackRock has announced the launch of a global real estate securities investment platform and the appointment of industry veteran Mark Howard-Johnson as global head.
Howard-Johnson, who joins from Building & Land Technology, will lead the development of this business and the creation of a global team expected to include six additional investment professionals by year-end.
The new global real estate securities team will work closely with BlackRock's real estate research and investment professionals to identify and pursue investible trends in the real estate industry. The team will also look to leverage the broad investment market insights and trading expertise of the Fundamental Equity teams at BlackRock.
'BlackRock is already the largest manager in the REIT sector across a broad range of products – expanding this expertise for dedicated actively managed products is a natural extension of the firm’s robust real estate capabilities,' said Jack Chandler, global head of Real Estate at BlackRock.
Howard-Johnson most recently served as Chief Investment Officer at Building & Land Technology, where he was responsible for launching its real estate securities management effort. Previously, he was Global Head and Chief Investment Officer of REIT management at Goldman Sachs Asset Management.
