Pramerica Real Estate Investors has named Sebastiano Ferrante head of its German business.
Pramerica Real Estate Investors has named Sebastiano Ferrante head of its German business.
Ferrante replaces Georg von Werz, who retired at the end of 2012.
Pramerica is the US-based real estate investment management and advisory business of New York-listed Prudential Financial.
Von Werz, who retired after 35 years in the real estate industry, was a founding partner of TMW Immobilien, which was acquired by Pramerica 10 years ago.
Ferrante,who was most recently co-country head for Germany for Tishman-Speyer, joined Pramerica effective 1 January 2013. He will serve on Pramerica's European executive committee and report to Eric Adler, head of Pramerica's European business and global chief operating officer.