Thor Adds Euro Expert to UK Office

NEW YORK—In a significant move aimed at expanding its already growing global portfolio, real estate developer Thor Equities has hired Jared Hart to lead its European acquisitions team, company executives announced today. Hart, who joins the firm from Pears Global Real Estate Investors has over 10 years of real estate experience in Europe.

“Jared Hart brings a wealth of experience to the table,” said Joseph Sitt, CEO Thor Equities. “His extensive knowledge of the real estate market in Europe will provide tremendous value for our firm as we explore additional opportunities all over the globe.”

Thor's portfolio in Europe includes the historic Burlington Arcade in the heart of Mayfair, a majestic property on the celebrated Avenue des Champs-Élysées in Paris and a premier luxury property on the Boulevard de la Croisette in picturesque Cannes, France.

“Thor Equities has cemented itself as a premier international real estate leader,” said Hart. “Thor's European portfolio features world-renowned 'high-street' retail properties that provide unrivalled potential. I look forward to working with Mr. Sitt and the team in exploring additional opportunities as Thor continues to expand its global presence.”

Hart had worked at PGREI since its inception in 2005 and was responsible for advising and sourcing acquisitions, financing and also high-level asset management for assets in Europe. Prior to joining PGREI, he worked at Matrix, a property investment group, and at Cushman & Wakefield's London office.

Hart's most recent transactions included the creation of joint ventures in Denmark and Poland to acquire retail and residential assets. Originally born in New Zealand, Jared now resides in the UK. He studied at Lincoln University in Christchurch where he received a BA in Property and Finance.

Nick Howard of Cobalt Recruitment represented Hart in working with Thor.