Pan-European last-mile logistics operator Mileway, which was launched by Blackstone last year, has recruited a chief financial officer.

Panayot Vasilev

Panayot Vasilev

Panayot Vasilev has joined Mileway from parent company Blackstone Real Estate Europe.

He has over 20 years of finance experience, including 14 years within real estate. Prior to Mileway, Vasilev was managing director and chief financial officer for Blackstone, with overall responsibility for accounting, reporting, operational and treasury activities.

Prior to that role, Vasilev served as chief financial officer for GE Capital Real Estate Europe. 

Emmanuel Van der Stichele, chief executive officer at Mileway, said: ‘We are delighted that Panayot is joining Mileway as chief financial officer. His significant sector experience and deep understanding of our organisation will play a pivotal role in our ongoing growth, as we look to meet increasing demand for last-mile logistics real estate, facilitate faster delivery times and in turn support the growth of small and large businesses.’

Established in September 2019, Amsterdam-based Mileway claims to be the largest owner of last-mile logistics assets in Europe, with more than 1,000 assets across 10 countries, including the UK, Germany, the Netherlands and France, which comprise over 80% of the portfolio.