Sponda, a Finnish property company owned by funds managed by Blackstone and by Areim, has hired H&M's head of global leasing Kai Aejmelaeus as new president and CEO.
Aejmelaeus succeeds Kari Inkinen, who will move into a new role as senior advisor and board member of Sponda from the second quarter of the year.
Aejmelaeus spent 10 years at H&M, managing several teams across various markets, focusing on international real estate operations for the H&M group. In this role, he was instrumental in creating and executing the group's global real estate strategy, including expansion and active portfolio management across all of sixty-nine H&M markets.
Sponda is a property investment company specialising in commercial properties in Finland's largest cities. The company, with a €3.9 bn portfolio, was taken over by Blackstone and Areim last summer and taken private.
