Last mile specialist Valor Real Estate Partners has made four promotions, including that of Jeremy Achkar to senior vice president, as it looks to double its assets under management to €6 bn in the next three years.
The promotions span Valor’s investment, financing and asset management functions.
Achkar has been promoted to senior vice president, investment. Having joined Valor in October 2018 from Lazard’s New York based Real Estate M&A Group, Achkar leads all investment activity in the UK & Ireland.
Since joining Valor, he has overseen the deployment of more than €1.5 bn across circa 50 transactions in the UK, primarily in London, ranging from core properties to ground-up developments.
Timour Wielemans has been promoted to vice president, also investment. Wielemans joined Valor in July 2019 as an intern, rotating between France, Germany, and the UK, before joining the expansion markets team, which is responsible for growing Valor’s footprint in the Netherlands and Italy.
Since joining Valor, Wielemans has supported on 37 transactions, with a total GDV of c. €1.5 bn, across the risk spectrum.
Miles Muthu has been promoted to vice president, finance & operations. Muthu joined Valor in May 2021, since when he since closed more than €600 mln of loans across the UK, France, and Germany, across nine transactions.
Muthu works with existing partners whilst also having responsibly for expanding Valor’s lending partner network, and has a particular focus on driving Valor’s ESG / green financing strategy.
Adrien Gornard has been promoted to associate, asset management. Having joined Valor in April 2021, Gornard has supported on 15 leasing transactions across the French and UK markets, which have generated an incremental €3 mln in NOI every year.
Christian Jamison, managing partner, Valor, commented: 'Valor has an ambitious growth strategy to double assets under management in three years and it is vital we continue to invest in our people and platform in order to achieve this.
'Jeremy, Miles, Timour and Adrien have all been instrumental in the business’ rapid growth to date and their promotions are well-deserved.'
