BlackRock has appointed Thorsten Slytå to the new position of head of European Real Estate Strategic Partnerships.
In his new role, Slytå, who also leads BlackRock's Nordic real estate business since 2021, will be responsible for driving BlackRock Real Estate’s relationships with pan-European strategic partners, seeking out co-investment opportunities.
He will focus on investing in the core markets of the UK, the Nordics, Germany, France, and Iberia, targeting investments in the logistics, living, and alternatives sectors.
Since 2021, Slytå has spearheaded significant growth for BlackRock's Nordic real estate business, expanding its teams in Copenhagen and Stockholm and doubling assets under management in just three years.
Slytå will continue to report to Paul Tebbit, co-head of Global Real Estate at BlackRock, who co-leads BlackRock’s $24bn+ (€23 bn+) global real estate platform alongside Thomas Mueller-Borja.
Thorsten Slytå, head of European Real Estate Strategic Partnerships and head of Nordics Real Estate at BlackRock, said: ‘I am thrilled to assume this newly created role and help drive the growth of BlackRock’s strategic pan-European real estate platform. As more clients seek whole portfolio solutions, we are well placed to leverage the full breadth of the BlackRock platform to offer unique investment opportunities for our strategic real estate partners.’
BlackRock recently signed commitments from two co-investors for approximately $65 mln to invest in a Nordics logistics portfolio alongside BlackRock’s European value-add strategy.
