Pan European investor, The Valesco Group, has hired former Cromwell Property Group head of European asset management.
Stephen Cahoon will take on value creation initiatives across its €2 bn-plus portfolio.
Shiraz Jiwa, founder and CEO, said: ‘Stephen has that rare combination of deep real estate sector experience and an entrepreneurial mindset, which has underpinned his delivery of highly successful and best-in-class asset management functions throughout his career.’
‘His proven ability to think like an occupier will be key as we curate highly sustainable real estate spaces that allow occupiers to achieve their long-term ambitions, which is critical to delivering strategic asset management programmes that enable meaningful value creation.’
At Cromwell, he looked after a €3.5 bn portfolio.