JER Partners, the global real estate investment arm of the J.E. Robert Companies, has hired Eduardo Noguera to join its European asset management team as a Vice President. Eduardo will be based in JER's London office. Eduardo joins JER from Henderson Global Investors where he has been actively involved in acquisitions and asset management of European real estate since 2004. Previously, Eduardo worked in investment and asset management at FPDSavills since 1999 in the UK and Spain.
In June, JER announced the final closing of JER Europe Fund III, having raised €809 million in equity. The Fund focuses on property investment opportunities across all sectors throughout Europe, and together with leverage, is expected to have total buying power of up to €4 billion. With JER Europe Fund III, JER continues its proven investment strategy of identifying and investing in undervalued assets and further improving their value through intensive asset management.
Malcolm Le May, President Europe at JER Partners, said: "We are delighted with Eduardo's addition to the asset management team. We have raised a substantial amount of capital which we are in the process of investing and felt we needed to further strengthen our asset management capabilities with European talent. Eduardo's skill set and expertise perfectly matches JER's requirements."
Alastair Bell, Director for Asset Management at JER Partners, commented: "Our latest fund has already made 13 investments across Europe all of which require intensive asset management. Eduardo will support me in actively managing the portfolio by interacting with our local operating partners in each of our target countries. I am delighted to welcome him to our team."
Source: Headland
