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Pramerica Real Estate Investors has promoted...

January 18, 2014

Nick Whitten

Pramerica Real Estate Investors has promoted Andrew Macland to the newly created position of head of UK . The promotion is part of a broader restructuring of the firm’s European investment platform. Macland was previously managing director and co-head of the European real estate finance group. Macland will continue in his role as portfolio manager for the PRECap series of funds, responsible for investments and capital-raising. He has 17 years of European real estate industry experience focused on equity and subordinated debt structures, asset management, property recoveries and restructuring. Before joining Pramerica, Macland held senior positions at Rothschilds, AIBC and CCF Charterhouse/ HSBC Specialist Investments , and is a member of the Royal Institution of Chartered Surveyors . Co-head of Europe at Pramerica Raimondo Amabile said: “Andrew’s appointment to the European executive committee reflects the success that the PRECap team has achieved with its innovative debt platform, and is part of a broader restructuring of our European platform. “Pramerica is now very strongly positioned to offer international debt and equity investment vehicles, with talented and experienced leaders providing specialist local expertise across our core markets, reflecting our commitment to offering investors a best in class service tailored to their individual requirements.” Andrew Radkiewicz , co-head of Europe , added, “I look forward to working with Andrew in his new role as he leads our operation in the UK , a market where we see real opportunities to generate strong returns on behalf of our investors.”

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Source: Estates Gazette (UK)

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