LaSalle Investment Management, the global real estate investment manager, has appointed Alexandre Arhuis-Grumbach to the newly created role of head of transactions Europe, core and core+ strategies.
Previously head of Encore+ transactions, Arhuis-Grumbach will now oversee all transactions, across LaSalle’s core and core+ commingled funds (including the firm’s flagship Encore+ fund) and custom accounts in Europe.
In his new role, the core and core-plus transactions teams across the UK and continental Europe will report into Arhuis-Grumbach, who will in turn report into LaSalle’s Head of Europe, Philip La Pierre.
Arhuis-Grumbach has worked at LaSalle for more than 13 years, having joined in 2010 as a financial analyst on a pan-European value-add fund before becoming an acquisitions manager in France.
He earned an MSc in Civil Engineering from the French school ESTP and an MSc in Real Estate Management from Glasgow Caledonian University. He is also a Member of the Royal Institution of Chartered Surveyors (MRICS).
La Pierre said: 'Alexandre’s newly created role will help drive core and core-plus transactions as the market continues its recovery from the macroeconomic headwinds it has faced.
'Having worked with LaSalle for well over a decade, Alexandre has been instrumental in the success of our flagship Encore+ fund and we are delighted that a wider range of our clients will now benefit from his transaction expertise.'
Arhuis-Grumbach commented: 'This is an exciting opportunity to lead LaSalle’s core and core-plus transactions at a critical time, working with a best-in-class team to source and execute transactions in line with our clients’ investment objectives.
'I am delighted to take on this new role and help ensure that LaSalle continues to expand across the UK and continental Europe, while maintaining its position as one of the world’s leading real estate investment managers.'
