Real estate investor and manager Cromwell Property Group has announced the promotion of Patrick Lowe to head of transactions for Europe.

Lowe

Lowe

In addition to leading the sourcing and executing of single-asset and portfolio deals, he will continue to be responsible for all transactions on behalf of Cromwell European REIT (CEREIT).

Lowe joined Cromwell 10 years ago as a financial analyst and since then has progressed through the organisation, gaining experience across several roles including treasury manager, assistant fund manager and senior portfolio manager. His most recent role was senior transactions manager, working exclusively for CEREIT, where he led multiple complex transactions totalling in excess of €800 mln across eight jurisdictions.

‘Through our extensive presence across Europe we have been able to source a breadth of opportunities for our investor partners in terms of sector, jurisdiction and risk profile as well as capitalising on various themes we find compelling,’ said Lowe. ‘This was most recently evidenced by us closing the 156,000 m2 intermodal logistics park CLOM in Italy for CEREIT in December. I look forward to delivering similar results for our investors in the future.’