Europa appoints former Patrizia fund manager to director role

Nagji will be based in London and work initially as deputy fund manager alongside Simon Hooper, who is retiring at the end of the year, before taking over Hooper's responsibilities as fund manager. In this role, he will support Amirali Kasraie as head of investment management across all of Europa's funds.

Nagji joins Europa after over five years at Patrizia where he was a fund manager overseeing both value-add and core strategies, including a fully discretionary, closed-ended value-add fund with a gross asset value (GAV) of around €850 mln investing across Europe and into multiple sectors.

In addition, he was deputy fund manager for two fully discretionary funds investing on a pan-European basis and across sectors. These comprised an £800 mln GAV open-ended flagship core fund and a closed-ended value-add fund with a peak GAV of €550 mln.

Prior to Patrizia, Nagji was a financial analyst at the Toronto and New York Stock Exchange listed Granite Real Estate Investment Trust, having previously spent almost three years from 2015 to 2018 at Deloitte.

Amirali Kasraie, head of investment management at Europa, commented: 'With the appointment of Aqil, we have strengthened our fund management team with a first-class professional who is fully aligned with our investment goal of seeking mispriced risk, Europa’s dedication to exemplary client service and our hands-on culture.

'Aqil’s experience of international fund management across real estate strategies ranging from value-add through to core position him very well to take over Simon’s responsibilities and I look forward to working with him in the future.'

Said Nagji: 'The opportunity to work with Europa’s talented and experienced team on applying a differentiated strategy of seeking mispriced risk is an exciting new challenge. I look forward to serving our clients and helping them achieve their investment goals in the European real estate market.'