German real estate investment manager Warburg Invest has opened a new branch in London and appointed Martin Payne as managing director of Warburg HIH Invest Real Estate UK Ltd, a fully owned subsidiary of Warburg-HIH Invest that will handle the current asset management of the company’s UK holdings together with TH Real Estate.
Payne will be responsible for controlling the asset management of the UK portfolio of Warburg HIH Invest in a volume of €375m and the implementation of transactions. He brings more than 20 years of experience in the property investment sector to the job and previously worked for TH Real Estate.
By opening the London office, Warburg-HIH Invest consistently continues to implement its strategy of managing its real estate through dedicated branches. It is the third new branch office the company established over the past twelve months, after having opened a branch in Vienna (September 2017) and Amsterdam (January 2018).
Payne said: “UK is one of the leading national economies in Europe. The unease that Brexit has been causing lately will subside as the negotiation outcomes become known in the course of 2019. With its new branch office in London, Warburg HIH Invest is even better positioned than it was to identify investment opportunities.”