Global private equity firm The Carlyle Group has announced that Thomas Lindström has joined the European real estate team as Managing Director and head of the Nordic region. He is based in Stockholm and will build an investment and asset management team in the region.
Thomas Lindström joins Carlyle with 14 years of experience in the Nordic real estate market. He was previously at GE Real Estate Nordic where he was head of business development and responsible for acquisitions in the region. Prior to this, he was responsible for all sales activities in the region at GE and managed all Joint Ventures and Loans. Before GE, Mr Lindström was at DTZ Sweden where he was a senior member of the Swedish investment team.
Eric Sasson, Managing Director and Team Head, said: "I am delighted that Thomas has joined us. We believe that the Nordic region currently has great opportunity for real estate investments and with Thomass experience and knowledge of the market, we will be able to make further investments in the region."
Thomas Lindström said: "The Carlyle real estate team has created an excellent model for its investment strategy across Europe and I look forward to building that further in the Nordic region."
The appointment marks an expansion in Carlyles European real estate team. The team of 32 is headed by Eric Sasson, Managing Director, and has investment advisory and asset management professionals based in Paris, Milan, Frankfurt and London. Carlyle has two European real estate funds, CEREP, a fund of €430 million, which is now fully invested, and CEREP II, a €760 million fund, which closed in September 2005 and is 50% invested and committed. Carlyles European real estate strategy focuses on investing in off-market real estate assets across Europe, including city centre and suburban office markets, warehousing and logistics, retail, residential and hotel, and adding value through repositioning and refurbishments.
Source: The Carlyle Group