EUROPE - Rockspring Property Managers, formerly Pricoa Property Investment Management, has opened two new offices in Paris and Madrid and appointed Alexandre Lamot as its European director.
Spanish office Rockspring Iberia, headquartered in Madrid, and the Paris office, were opened in line with the firm’s decision to decentralise its transaction and asset management activities to a series of offices located throughout central Europe following its management buy-out from Prudential Financial in July 2004.
Richard Plummer, Rockspring chair, said: “Following the MBO we have put in place operational changes focussed on the increasing interest in pan-European property investing. We believe that our new local European network… will better position us to ensure access to more and varied transaction opportunities.”
As European director, Lamot will focus on managing the TransEuropean funds with combined assets under management totalling e500m, reporting directly to Robert Gilchrist, managing director, and Plummer.
Lamot joins from GIC Real Estate (Government of Singapore Investment Corporation), where he was assistant vice president.
Rockspring said its Madrid office would represent the interests of the company’s client funds with investments in and acquisition appetite for real estate assets in Spain and Portugal and serve as a local base for management of Rockspring’s Iberian portfolio.
Nino Amor has been appointed manager – France at the Paris office. Amor joins from Ixis AEW Europe, where he was investment project manager with responsibility for the French and Italian retail and office markets.
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