The KanAm Grund Group has strategically bolstered its European investment capabilities with the appointment of Malo Carof as Director, Head of Investment Management France & BeNeLux, effective 1st September 2025. Based at the firm's prestigious Champs-Élysées office in Paris, Carof will spearhead acquisitions and disposals across France, Belgium, the Netherlands and Luxembourg, targeting office, residential and hotel investments spanning Core, Core+, Value-Add and Development risk profiles.
The appointment comes at a pivotal moment as institutional investors increasingly seek exposure to European real estate markets showing signs of recovery after a challenging period. Carof brings over a decade of real estate expertise, most recently serving as Investment Director at Caisse de Dépôt et Placement du Québec (formerly Ivanhoé Cambridge), where he managed acquisitions and disposals across logistics, office, retail and residential properties in France, Germany, Netherlands and the Nordics.
"We take great pride in our long-standing pan-European DNA and offering investors best-in-class local operational teams across our offices in Frankfurt, Paris, London, Madrid and Luxembourg," said Anthony G. Bull-Diamond, Managing Director and Head of Investment and Asset Management Europe. "We are delighted to have Malo join the team in Paris, one of our key markets, and with his extensive international experience across different sectors and risk profiles, we believe it's a perfect match for us to achieve our investment strategies as we enter a new cycle for France and BeNeLux."
What makes this appointment particularly compelling for investors is KanAm Grund Group's impressive track record in France and BeNeLux, with over €14bn in transaction volume since inception. The firm currently manages over €1bn across these markets and is positioned to capitalise on the current market dislocation, where distressed assets and repricing opportunities are creating attractive entry points for sophisticated investors with patient capital.
The timing couldn't be more strategic. As European real estate markets face headwinds from rising interest rates and refinancing pressures, experienced operators like KanAm Grund Group, with deep local market knowledge and established relationships, are uniquely positioned to identify value in a market where many opportunistic players have retreated. The firm's Paris office, strategically located in the Golden Triangle district since 2005, provides crucial on-ground intelligence and tenant relationships that will prove invaluable as markets stabilise.
Since its establishment in 2000, the Frankfurt-based KanAm Grund Group has grown into an international real estate specialist managing approximately €5bn in client capital across 100 employees in six offices. The firm's comprehensive approach covering Core to Development risk profiles, combined with its sustainability credentials including UN PRI membership and green building certifications, positions it well to meet evolving institutional investor requirements in an increasingly ESG-conscious market.
People mentioned:
- Malo Carof, Director, Head of Investment Management France & BeNeLux, KanAm Grund Group
- Anthony G. Bull-Diamond, Managing Director and Head of Investment and Asset Management Europe, KanAm Grund Group
Companies mentioned:
- KanAm Grund Group - International real estate investment specialist
- Caisse de Dépôt et Placement du Québec - Canadian institutional investor
- Schroders Real Estate - Real estate investment manager
- Therus Invest - Investment firm
- Amundi Immobilier - French asset management company
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