ING Real Estate has announced the appointment of Robert Houston as chairman and CEO of its global investment management business. Houston has replaced David Blight who resigned to return to Australia for family reasons. Houston was an original founder of ING Real Estate's investment management business in the UK, and has a long track record of managing real estate investments across the market cycle.
ING Real Estate has announced the appointment of Robert Houston as chairman and CEO of its global investment management business. Houston has replaced David Blight who resigned to return to Australia for family reasons. Houston was an original founder of ING Real Estate's investment management business in the UK, and has a long track record of managing real estate investments across the market cycle.
George Jautze, chairman and CEO of ING Real Estate said: 'Over the past decade this business has grown into a leading investment company with a strong regional presence in Europe, America and Australasia. Robert's experience and knowledge will enable us to strengthen our global platform.'
Stephen Pyne, currently the UK's Chief Investment Officer, will be taking up a new role alongside Houston as Global Portfolio Manager responsible for global cross border investment in the group.
Robert Houston added: 'This is a great opportunity - having had the privilege of managing and growing the UK business over the past 28 years - I now have the chance to build ING Real Estate's global investment management platform at a time when investors are increasingly seeking global opportunities.'
