Management changes in Research & Strategy at ING Real Estate (NL)

ING Real Estate announces that it has made changes in its Research & Strategy Team in the UK and Continental Europe. Paul Stewart has been appointed as the new head of UK Research & Strategy. Paul, a director at ING Real Estate has worked in the Research & Strategy team for the past six years and has been involved in property market research for over 14 years.

In this role, he is responsible for overseeing all of the company's qualitative and quantitative research analysis in the UK and the formulation of the House Model, upon which all UK fund strategies are based. The team was previously headed up by Charles Follows who has been promoted to Senior Director in the Global Research & Strategy team for ING Real Estate.

Kevin Aitchison, CEO Investment Management UK commented: "Since my appointment in October I have brought about a few structural changes to the business that I feel will make us work in a more efficient way during these difficult times. I believe that with the right people in the right job we are one step closer to achieving both our own goals and those of our clients."

ING Real Estate's investment management business in Europe announced the appointment of Eugene Philips as Managing Director Research & Strategy. He will remain based in The Hague, the Netherlands. In this newly created role, Eugene will be responsible for managing and guiding both the European Research & Strategy Team and the Products & Structuring Team. Since joining ING Real Estate in 2001, Eugene has been involved in the creation of most of the institutional non-listed funds of ING Real Estate. He has more than 10 years of experience in the real estate industry.

Pieter Hendrikse, Chief Executive Officer Estate Investment Management Europe commented: "In his new role, Eugene will be able to strengthen the capabilities of our Continental European organisation. In current markets, research has become increasingly important to our business, at many different levels. Eugene will be taking up the task of further integrating and optimising the use of research across our European business, for the benefit of our clients."

Source: ING Real Estate

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