F&C REIT hires head of France

F&C REIT hires head of France

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F&C Real Estate Investment Trust (REIT) Asset Management has hired Ian Kelley as fund director Europe and head of France, effective May 5.

Kelley opened F&C REIT’s new office in Paris, which will support the firm’s existing teams in the UK, Germany and Ireland that manage €9.8bn ($11bn) in property assets. He will be responsible for developing business across Europe, to complement the current platform.

“We have ambitious growth plans for our European business and are delighted to have Ian join the team. His extensive track record and strong business acumen will be of great service to our platform and to our clients,” said Nick Criticos, CEO at F&C REIT.

The strategy that Kelley will implement includes developing new cross-border, pan-European “core / core+” funds for institutional clients as well as “value-added” club-deals for private wealth clients.

Kelley joins the firm from CBRE Global Investors where he co-launched several pan-European funds with a market value totaling over €2.5bn.

Before CBRE, Kelley held roles at Unibail-Rodamco and Bouygues Immobilier.

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