WP Carey has announced the promotion of Arvi Luoma to head of European investments with immediate effect.
Luoma will be responsible for overseeing the sourcing, negotiating, underwriting, structuring and closing of all European investments.
Luoma joined WP Carey in 2006 and has since been directly involved in the structuring of €3 bn in sale-and-leaseback, net lease, build-to-suit, value-add and joint venture investments across all major real estate asset classes.
WP Carey has been investing in Europe since 1998 with an investment team in London and asset management operations in Amsterdam. The company currently over €5 bn of European assets over 475 properties leased to 90 tenants across 20 European countries.
