Multi-let specialist property fund manager Valad Property Group has appointed Christian Bearman as its new Chief Operating Officer to oversee its EUR 4.7 bn European operations. The appointment, which took effect on 11 January, signals Valad’s intention to consolidate and grow its European business through its 20 offices across 12 countries.

Multi-let specialist property fund manager Valad Property Group has appointed Christian Bearman as its new Chief Operating Officer to oversee its EUR 4.7 bn European operations. The appointment, which took effect on 11 January, signals Valad’s intention to consolidate and grow its European business through its 20 offices across 12 countries.

Bearman joins Valad from Lloyds Banking Group where he was a Director in the Group’s Real Estate Equity Joint Ventures business in the UK and Europe, encompassing a wide range of property market sectors. Prior to this, having started his career in investment banking at Goldman Sachs, he worked at Bank of Ireland leading their acquisitions programme, ran London and European, a specialist property insurance company, and worked for Sir John Beckwith at Pacific Investments plc.

Bearman commented: 'I am delighted to be joining Valad at such an exciting time in its development. Having successfully completed the refinancing of its European and Asia pacific debt facilities, Valad is especially well positioned to drive growth across its European real estate asset and fund management platforms. I look forward to being part of its ongoing success.'

Valad has also recently recruited an asset manager and an assistant fund manager to work on its expanding fund portfolios and is also seeking a pan-European Fund Manager.