Cordea Savills, the international property investment manager, has appointed Kiran Patel as Chief Investment Officer with a global remit. As a member of Cordea Savills Executive Committee, Patel will be instrumental in the creation and implementation of investment and risk strategies, strengthening the research capabilities and growing the company both in terms of new business lines and international markets.
Patel is a highly respected and well-known figure in the global property investment arena with more than 20 years' experience in the industry. He joins from AXA Real Estate, where he spent 11 years and was latterly Global Head of Business Development, Distribution, Research and Strategy and a member of a member of AXA Real Estate's management board and executive committee.
Prior to this, Patel was an Associate Director at Legal & General Investment Management, where he gained recognition for developing innovative investment techniques and fund structures, having started his real estate career at Hillier Parker.
Justin O'Connor commented: "We are delighted to welcome Kiran to Cordea Savills. Kiran's wealth of experience will be invaluable to us as we move forward with our plans for growth. In particular, his understanding of global investment markets and his ability to create innovative investment solutions will be important in directing our existing and future clients' investment strategies."
Kiran Patel commented: "I have been impressed by the structure and growth of Cordea Savills over recent years and by its plans for future expansion. As CIO, I can add to the depth of existing investment experience at the company and I look forward to playing a key role across the business in fulfilling the next stage of its growth."
Source: Citigate Dewe Rogerson