Marketing assets

People on the Move: Mirvac CEO Lloyd-Hurwitz Retires | New

Abrdn, JLLKnight Frank, Target Healthcare REIT, Mirvac, Alpha Real CapitalGore Street Capital, IPSX, HSBC, Downing, ThomasLloyd

Mirvac – After a decade in this role, the CEO and Managing Director of Mirvac, Susan Lloyd Hurwitz announced his intention to retire from Mirvac on June 30, 2023, ensuring a smooth transition for his successor. The group has started a procedure for his replacement. As stated earlier, Mr. Chairman, John Mulcahy would retire before the end of his three-year term. He has just confirmed that he will leave the group on December 31, 2022. Non-executive director of Mirvac, Rob Sindel, was appointed as the new Chairman, effective January 1, 2023. Sindel was appointed as a non-executive director of Mirvac in September 2020. He has 30 years of experience in the construction industry in Australia and the UK, as well than experience in high-risk industries. Most recently, Sindel has held senior management and leadership positions, in the building industry supply chain, manufacturing, sales and marketing in business-to-business environments, and strategic management. He is currently Chairman of Orora Limited, Non-Executive Director of Boral Limited and a member of the Australian Business Community Network Foundation and the Yalari NSW Advisory Committee. Sindel is the former managing director and CEO of CSR Limited, a former member of the UNSW Australian School of Business Advisory Council and a former director of the Green Building Council of Australia.

downing – The sustainable investment manager has appointed former M&G the head of finance Paul Taylor implement a new investment strategy. Downing plans to launch a series of new businesses and investment funds, led by Taylor. He is a former senior fund manager and head of restructuring at M&G and will manage capital on behalf of leading institutional investors. Taylor joined M&G from KPMG in 2005 and became the lead fund manager for M&G Debt Opportunities Funds and M&G Folio Funds. The new strategy will deploy capital from institutional investors into opportunities with high return potential in sectors such as private equity healthcare services and European real estate.

AbrdnEvert Castelein has resigned from abrn and will step down as lead fund manager of Abrn European Logistics Income. Troels Andersen, who joined Abrn in April 2011 and is based in Copenhagen, Denmark, will take on the role. Castelein will remain at Abrdn until the end of the year, ensuring a full handover. Since 2019, Andersen has been the fund manager of Abrdn’s multi-sector European long-income real estate fund. Previously, he was fund manager of the Aberdeen Property Nordic I fund with a gross asset value of Abrdn’s €500 million, as well as another separate value-added mandate. He was previously a member of Abrn’s Nordic and European investment committees. Andersen will be supported by current team members Geoff Hepburn, Attila Molnar and Ross Hutchison, providing continuity in portfolio management.

IPSX – The real estate exchange has appointed Rupert Snuggs as originator. Snuggs will support property owners and investors looking to access investment and liquidity opportunities on IPSX. He will work closely with issuers exploring public market admissions for their assets or portfolios that seek to raise capital from new funding sources and achieve favorable valuations. He joins from HSBC, where he was head of global banking, advising financial institutions and property companies in the UK and Europe. He was also co-chair of balance UK, HSBC’s gender equality group. Snuggs began his career with the equity capital markets team at NM Rothschild & Sons, before joining the Royal Bank of Scotland advising companies and property institutions on equity and capital markets transactions. debt in Europe and the Middle East.

Frankish Knight – The global real estate consultant appointed Andre Child as the new Head of Property Management for Central London. Child will work closely with Michael Lewis, Head of Property and Asset Management, and leverage his experience in the central London office market to further expand the existing property management team in central London. Childs joins Knight Frank from JLL, where he spent over 13 years specializing in commercial property management, leading the central London asset management division and overseeing a team of 30 surveyors. He created and led the design team for JLL management, providing valuable expertise in fit-up and renovation planning as well as project delivery and budget management.

Target Healthcare REITsRichard Cotton has been appointed as an independent non-executive director of the company with effect from November 1, 2022. Cotton is expected to be appointed as a senior independent director, following the retirement of Gordon Coull after the next AGM. Cotton has over 40 years of experience in the real estate industry and led the real estate venture finance team at JP Morgan Cazenove until April 2009. Subsequently, he served as Managing Director of Forum Partners and Chairman of Centurion Properties. He has extensive corporate experience as a former non-executive director of Hansteen including advisory roles with Lloyds Bank and Transport for London. Cotton is currently president of Helical and consultant for Big Yellow Group, where he was a non-executive director from 2012 to 2022. Michael Brodman is expected to be appointed as an independent non-executive director of the company early in the new year. He has worked for global real estate advisors CBRE for over 40 years, retiring as chairman of the UK Advisory division in June. He is a Fellow of the Royal Institution of Chartered Surveyors and has been extensively involved with RICS throughout his professional career. He was previously a member of the British Property Federation Policy Committee, the RICS Global Professional Valuation Council and the Bank of England Commercial Property Forum. Mr. Brodtman also has board experience as a former non-executive director of Investment Property Databank and housing association Places for People.

Alpha Real CapitalMaria Vaggione was appointed ESG Partner. Vaggione joins from Gore Street Capital where she was ESG and Investor Relations Associate, responsible for project management and delivery of ESG frameworks, disclosures and reporting. Vaggione has considerable relevant experience in the field of institutional investment, particularly in alternative funds. She will bring her extensive experience and expertise in ESG and sustainability to help Alpha Real Capital expand its ESG capabilities.

ThomasLloyd – The asset manager has appointed Smita Nakhooda as Head of Impact and ESG. In this newly created role, Nakhooda will work across the group, focusing on internal and external corporate initiatives, as well as further developing the company’s investment framework at the highest level. She will be responsible for leading ThomasLloyd’s commitment to continuously evolving its policies and practices in line with industry best practices and the global sustainability agenda, and ensuring the business remains at the forefront of innovation. impact investing. Nakhooda is a former Asian Development Bank Senior Results Management Specialist. Previously, she was a senior researcher at the Overseas Development Institute in London.

Genoa propertyHenrik Zetterstrom was appointed Chief Financial Officer. Zetterström will take up his role on January 1, 2023. He has extensive experience in the real estate sector, including that of Chief Financial Officer at Estea and M2 Gruppen, and has worked as a Chartered Accountant at KPMG in various management functions. As previously announced, current CFO Edvard Schéele will leave Genoa for a new mission outside the company at the end of the year.