Valad Europe expands team in the Nordics and Germany

Valad Europe, the multi-let real estate investment manager, has boosted its Nordic, German and fund management teams in line with its strategy to grow the business in regions where it already has an established presence.

In the Nordics, Michael Bruhn, formerly head of Nordics, has been appointed chairman of the region. In this new role, he will continue to focus on Valad's funds in the Nordic region as well as developing new business.

Mikael Arne Fogemann, head of asset management in the Nordic region for the last two years, has been promoted to head of Nordics and will assume the full day-to-day management and operational responsibility for the business. Fogemann has been with Valad for over four years and has more than 10 years’ experience in the Nordic property market.

In Germany, Andreas Hardt has been appointed head of Germany. In this role he has overall responsibility for the strategic leadership of Valad Europe's EUR 1 bn portfolio as well as business development across the region. Hardt has extensive knowledge of the German real estate investment market with particular expertise in acquisitions and asset management along with experience of the CMBS market. Prior to joining Valad, he spent three years as vice president of Archon / Goldman Sachs where he ran a portfolio of mainly office and logistics real estate in central Germany.

In London, Rob Cotterell has been promoted to deputy head of funds management, reporting to David Kirkby, head of funds management. Since joining Valad in 2001, Cotterell has been the fund manager of Valad’s V+ UK fund and managed the EUR 450 mln Kefren bank workout mandate in Sweden. He is currently fund manager of Valad’s two V+ Nordic funds and the University Capital Trust. In this new role he will also work alongside the equity team in launching new growth opportunities for the business.