RÃ©my Gancel will be appointed as Director Europe in charge of Specialized Sectors of GE Commercial Finance Real Estate. In this position he will be in charge of the development of its activities in Europe. His primary focus will be the hotel market.
His mission will be to generate new participations, either in the name of GE Commercial Finance Real Estate, or in the form of a joint venture with local partners. He will also be responsible for developing new financing opportunities (debt, sale-and-lease-back).
In order to do this RÃ©my Gancel will resign from all functions held at Sophia. He is rejoining GE Commercial Finance Real Estate following the re-acquisition of Sophia. He rejoined Sophia earlier in 1979 and became Managing Director (directeur gÃ©nÃ©ral) in 1988, later on in 2001 he became CEO (prÃ©sident directeur gÃ©nÃ©ral).
Olivier Piani, President of GE Commercial Finance Real Estate Europe, said: âWe are very happy with the appointment of RÃ©my, which marks a new step in the integration of Sophia and offers GE Commercial Finance Real Estate new opportunities in Europe. RÃ©my has a lot of experience in the property sector, acquired throughout his career and we are convinced that his personality and his knowledge will be major assets in the development of our company throughout Europe.â
Source: Business Immo