M&G has appointed Edward Boots to its real estate finance team, as it expands its origination capabilities in response to the evolving client demand for European real estate credit.
Responsible for sourcing and executing new lending opportunities across continental European real estate markets, he will work alongside the existing origination team and M&G Real Estate’s 50-strong platform of investment professionals in Amsterdam, Frankfurt, Madrid, Milan, Paris and Stockholm.
He will be based in Amsterdam and report to Dan Riches, head of Real Estate Finance at M&G.
Boots brings a wealth of experience to M&G, having previously served as head of Real Estate Finance, The Netherlands, at HSBC Continental Europe, where he built and managed an extensive real estate loan portfolio. Prior roles also include time as co-head of Real Estate Clients and Vice President, Origination for Commercial Real Estate at Deutsche Bank.
Commenting on the appointment, Dan Riches said: 'Lending dynamics in continental Europe are changing as banks further retrench from some areas of the market, creating opportunities for alternative lenders to step in and originate loans directly. We are ambitious to grow our presence on the continent to meet the investment needs of our global institutional client base. Edward’s appointment bolsters our teams’ capacity and network, bringing extensive experience and existing relationships to source opportunities - we are confident that his leadership will accelerate our European growth strategy.'
Established in 2009, the Real Estate Finance team is one of the largest alternative lenders in Europe with an international client base spanning the UK, Europe and Asia. The team provides senior, junior and whole loans secured against core assets through to speculative developments.