European property giant Patrizia has strengthened its existing transaction and sector capabilities in the UK & Ireland with the appointment of Phil Irons as managing director of transactions for those markets.
Irons will lead a team that has driven more than €700 mln of transactions in the last 12 months, notably advising on the acquisition of The Cabot office building in Canary Wharf, London, in July, to LINK, Asia’s largest REIT.
He joins Patrizia from IWG where he was CEO of Workplace Capital Partners, the company’s flexible workspace property investment fund. Prior to this, he was a partner at Benson Elliot, responsible for the UK country team.
Irons will report to Philipp Schaper, European head of transactions, who commented: ‘Phil brings a great deal of senior experience to this role and will help us continue the impressive growth story of our UK & Ireland business. Our confidence in central London as a resilient global office hub endures and Phil’s impressive track record and in-depth understanding of this market is especially relevant as we look to build our exposure there.’