Aberdeen Property Investors announces that one of its Pan-European funds, Aberdeen European Shopping Property Fund, has recruited two independent experts, Baptist Brayé and David Peek, to its Advisory Committee.
Baptist Brayé is the architect and designer of advanced geographical information systems that support spatial decision-making in urban environments. He is the founder of the company Locatus, the leading source of data information for Dutch retail planning decisions. Since 2007, he also holds the position of visiting scholar at the Harvard School of Design.
David Peek is a specialist in retail property, identifying the consumer spending potential of locations. He has experience of site procurement, development, and asset management strategies of retail developments in 21 countries across the world. He was involved in the development of Bluewater, UK and the revitalisation plan of Amsterdam Noord.
Nico Tates, Fund Manager, Aberdeen European Shopping Property Fund, commented: "We are delighted that Baptist and David have agreed to join the advisory committee of the European Shopping Property Fund. Their knowledge and experience of the retail sector across Europe will provide an invaluable source of advice to the Fund."
The Advisory Committee will be composed of at least five members who are either representatives of Investors or independent experts. Their role will be to give approval for the yearly investment plan of the Fund and to approve larger acquisitions.
Aberdeen's European Shopping Property Fund is open for investments and is designed for institutional investors. The fund currently has properties of a total asset value of 160 million under management. The target size of the fund is 1.5 billion.
Source: Aberdeen Property Investors