HARTFORD, CT—Cornerstone Real Estate Advisers has added Julian Gabriel to its senior investment team in Europe. Gabriel, formerly head of real estate at Doughty Hanson & Co Real Estate, will report directly to Charles Weeks, CEO Cornerstone Europe. He will also be responsible for sourcing new real estate investment and development opportunities across Europe, utilizing his 22 years of pan-European real estate investment experience.
Gabriel joined DHCRE at its inception in January 2000, and was consistently promoted through to his appointment as head of RE in 2006. During this time he oversaw a total deal flow of approximately €3 billion worth of real estate transactions across seven European countries and was largely accredited with the success of one of the top performing European opportunistic funds of its vintage, Doughty Hanson & Co European Real Estate Fund I. He also played a significant role in the formation, fundraising, sourcing of transactions and investment of capital for Doughty Hanson & Co European Real Estate Fund II, which raised approximately $732 million (€590M).
“Julian's knowledge and experience of successfully deploying capital across all key Western European markets to achieve attractive risk-adjusted returns, combined with Cornerstone Europe's track record of the same, will provide an expanding pipeline of attractive opportunities for our clients and investors as we build out our product offerings,” said Scott Brown, president. “He is a great addition to our team and I look forward to working with him.”
Charles Weeks, added: “Julian's appointment as Head of Investment - Europe marks another significant step forward in our European expansion programme and follows shortly after our acquisition of Pamera Asset Management in Germany, over the summer.
“Julian is a seasoned pan-European investment specialist whose knowledge, understanding and network of contacts across European markets make him the ideal candidate to help us achieve our European ambitions.”
In his role at DHCRE Gabriel was responsible for establishing investment strategy, identifying acquisition opportunities, implementing asset management programs and realizing investments, once asset management plans had been completed. He was also responsible for overseeing the mechanics and operations of the two funds and maintaining and building relationships with consultants, as well as the underlying investors.
Prior to his 14 years at DHCRE, Gabriel served as vice president in the real estate department at Citibank, and the principal finance group at Deutsche bank, respectively.
Cornerstone Real Estate Advisers Europe is a subsidiary of Cornerstone Real Estate Advisers LLC, of Hartford. With subsidiary and affiliate offices in the U.S., UK, Europe and Asia, Cornerstone Real Estate Advisers LLC is one of the largest global real estate investment managers, with more than $46 billion (€36.2 B) in assets under management.
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