Henderson Global Investor's property Business has hired Mark Cruddas as a senior portfolio and investment manager for its £1.1 bn (EUR 1.4 bn) UK Retail Warehouse Fund.

Henderson Global Investor's property Business has hired Mark Cruddas as a senior portfolio and investment manager for its £1.1 bn (EUR 1.4 bn) UK Retail Warehouse Fund.

Cruddas joins from Prupim where he worked for four years across a range of funds, with a specialism in retail assets. During his time at Prupim, he transacted over £400 mln of investment deals. Prior to Prupim he worked at DTZ for six years in the retail investment team.

The UK Retail Warehouse Fund recently concluded a series of asset management deals including a surrender of the Brantano unit at Kidderminster to accommodate a new letting to pharmacy chain Boots.