Savills Investment Management (Savills IM), the international real estate investment manager, has appointed Eleanor McMillan as investment director – residential.
The firm said the appointment was part of Savills IM’s ambition to become a leading manager in the European residential sector.
McMillan will report to Jon Crossfield, head of strategic partnerships, who will lead Savills IM’s continued growth in residential.
Alex Jeffrey, global chief Eexecutive, Savills IM, commented: 'The living sector in all its forms is fast becoming an investment destination of choice for many institutional clients.
'It is an area in which we have been active for some years across Europe and Asia, and Eleanor’s appointment as a senior member of our team is a key step towards further expanding this. We are delighted to welcome her.'
McMillan joins a team tasked with expanding Savills IM’s capability and service to clients across Europe in a sector that is increasingly gaining traction with institutional investors.
She has transferred from the Savills operational capital markets division, where she gained over eight years’ experience working on a range of residential investment and development transactions.
The announcement follows the appointment of Andrew Allen, who joined the company as head of product strategy and development in January and has an extensive track record in launching and managing residential funds. Allen previously held senior roles at Aberdeen Standard Investments and Oriel Securities.
