French REIT Affine has appointed Matthieu Evrard as deputy Chief Executive Officer as it looks to put more focus on the services busines.

French REIT Affine has appointed Matthieu Evrard as deputy Chief Executive Officer as it looks to put more focus on the services busines.

Evrard, who will assume the position at the end of March, is currently a member of the executive committee of the Louvre Hotels Group, where he is in charge of development, acquisitions, asset management, the technical department and international operations.

He has over 10 years of experience in business development and real estate, as he began his career
in M&A at PricewaterhouseCoopers, then joined IPD France before accepting growth-centric real estate
operational responsibilities in the B&B Hotels Group in 2004 and later with Louvre Hotels Group in 2007.

Affine owns €570 mln of assets, largely office properties (53%), equally distributed between Ile-de France and the other French regions. Affine is also the major shareholder (49.5%) of Banimmo, a Belgian property repositioning company with operations in Belgium and France.