The European Public Real Estate Association (EPRA) has appointed Dominique Moerenhout (42), as its new chief executive cfficer with effect from March 1st 2017. He replaces Philip Charls, who is stepping down after 10 years at the helm as EPRA CEO.
'In Dominique Moerenhout, EPRA gains an experienced real estate professional with a solid track record in operational management in the investment world and who has held senior positions in the Benelux and UK markets. Dominique is well positioned to take over implementation of the strategic plan for EPRA’s future development that has been ably put into place by Philip Charls,' commented EPRA Chairman and CEO of Unibail-Rodamco, Christophe Cuvillier.
'On behalf of the Board of Directors and all members of EPRA, I would like to warmly thank Philip for his decade of service to the association and for his leadership in driving EPRA’s strong growth in all areas of its operations since he took up the role in 2007,' Cuvillier added.
Moerenhout, a Belgian national, is currently CEO of BNP Paribas Real Estate Investment Management Luxembourg and Belgium. He previously held COO roles at BNP Paribas Real Estate UK and Fortis Private Real Estate from 2004.
'I’m greatly looking forward to the challenge of taking up the position of EPRA CEO and becoming involved in the future evolution of this successful equities sector,' said Moerenhout. 'The listed real estate industry is growing strongly and is increasingly viewed as an investment asset class in its own right. This is in no small part due to the stable long-term dividend income streams offered by the REIT structure.'
