London-headquartered F&C REIT has appointed Ian Kelley (pictured) as fund director Europe and head of France.
He will lead the new office the firm opened in Paris on 5 May, in addition to the existing teams in the UK, Germany and Ireland.
Kelley, who has over 17 years of experience in the European real estate market, is responsible for developing F&C REIT’s business in France and across Europe, to complement the current platform.
He supports F&C REIT’s strategy in Europe, which includes developing new cross-border, pan-European “core / core+” funds for institutional clients as well as “value-add” club-deals for private wealth clients.
Formerly, Kelley worked for CBRE Global Investors where he co-launched several pan-European funds with a market value totaling over €2.5bn. Prior to that, he held positions at Unibail-Rodamco and Bouygues Immobilier, gaining experience in retail and office development. Kelley also worked for Polo Ralph Lauren as responsible for retail development across Europe.
F&C REIT, part of BMO Global Asset Management, currently manages €9.8bn in property assets.