Savills Investment Management has increased its assets under management in the France/Benelux region by €240 mln to €1.2 bn over the course of 2015.

Savills Investment Management has increased its assets under management in the France/Benelux region by €240 mln to €1.2 bn over the course of 2015.

The company conducted seven acquisitions involving three logistics assets and four retail properties last year.

The team is led by Laurent Vouin who has been appointed as head of investment, France/BeNeLux, and is based in Paris.

Savills IM said it plans to expand the team in France and in the Netherlands in order to raise business activity in 2016 and beyond. Vouin has experience in pan-European investments, asset management and development, having held various senior roles during 12 years at AXA Real Estate and prior to that Tishman Speyer and Nexity.

'France remains a key country for our future investments and there is growing evidence that real estate in the Netherlands offers some great value-add and buy-and-hold investment opportunities. We intend to grow our team and intensify our expansion in the region,' he said.